Customer Intelligence 1: Descriptive Analytics

Code Cours
2324-IÉSEG-MDM1S2-MKT-MDMCI07UE
Language of instruction
English
Teaching content
MARKETING
This course occurs in the following program(s)
MSc in Digital Marketing & CRM - Crédits ECTS: 2.00
Training officer(s)
K.COUSSEMENT
Stakeholder(s)
Dr. Kristof Coussement
Level
MSc in Digital Marketing & CRM
Program year
Period

Présentation

Prerequisite
°The students should have followed 'Introduction to analytical Customer Relationship Management' course
Goal
At the end of the course, the student should be able to:
° be able to breakdown and propose innovative solutions for real-life business problems using descriptive analytical methods
° run a basic descriptive analysis based on company's transactional database while constructing expert knowledge
° manage successfully customer relationships
° Breakdown complex organizational problems using the appropriate methodology (LO3.A)
° Propose creative solutions within an organization (LO3.B)
° Construct expert knowledge from cutting-edge information (LO5.B)
° Bea reference point for expertise-related questions and ambiguities (LO7.D)
Presentation
This course introduces students to the basic principles of descriptive analytics. This hands-on course introduces students how to describe, segment and visualize customer data in order to extract relevant business insights.

A detailed overview of the course content is given below
° Segmentation analysis
° Market-basket analysis
° RFM analysis

Modalités

Organization
Type Amount of time Comment
Présentiel
Cours magistral 16,00
Autoformation
Recherche 14,00
Travail personnel
Group Project 20,00
Overall student workload 50,00
Evaluation
Control type Duration Amount Weighting
Autres
Projet Collectif 14,00 0 70,00
Etude de cas 6,00 0 30,00
TOTAL 100,00

Ressources

Bibliography
- Kristof Coussement, Koen W. De Bock, Scott A. Neslin. Advanced Database Marketing: Innovative Methodologies & Applications of Managing Customer Relationships. Gower (Ashgate) 2013. -
Robert C. Blattberg, Byung-Do Kim, Scott A. Neslin. Database Marketing: Analyzing and Managing Customers. Springer (2008). -