Application of Data Mining

Application of Data Mining

Data Mining Data surveying is also known as data mining. It is a way to find potential, effective, and the information with unknown characteristics or association in large number of data. The mining results can provide valuable reference information and use as enterprises engaged in marketing mix and market forecasting activities [2]. According to the difference between analysis methods and discover results, mining techniques can be divided into Classification Analysis, Clustering Analysis, Association Rule Analysis, Sequential Pattern Analysis and Link Analysis, etc [4]. Data mining is one of the steps of the KDD (Knowledge Discovery in Databases). The purpose of data mining is to identify cost-effective, novel, potentially useful information data and understanding the patterns of information [5,6]. However, data mining technology is already quite mature and extensive. Those industries with value and demand data warehouse or database, all can use data mining to analyze. The common applications are retail, direct marketing, finance insurance, medical services and other applications [9]

With the popularity of broadband Internet and the booming development of network technology in recent years, the traditional marketing is also gradually moving to digital marketing. The dissemination of information through the internet is different from traditional marketing. In today’s competitive market, there are various products made by enterprises, how to stand out in a highly competitive environment, and how to go with marketing tactics and product through the product advertising to cause high degree of customer purchase intentions and interests effectively, is one of the important keys. Furthermore, due to the international business environment and intense competition, it is necessary to response and satisfies market and customer demand immediately, and use information technology to assist enterprises in doing business marketing. Therefore, in order to grasp market characteristics and consumer preferences to select the appropriate products marketing strategies. In this study, the structure of digital marketing is proposed aims to provide the enterprise relevant marketing information, to identify appropriate marketing practices of market segment, and thus to achieve the majority of the responses or purchase intention in marketing effectiveness. Arudhra Innovations Kumbakonam

As technology advances with time and the information constantly being discovered, update the digital marketing become more and more popular. There are many marketing strategies can be selected that including public praise marketing, database marketing, placement marketing, and other diverse marketing [10]. Marketing is not just sales and advertising, but to provide the necessary direction of business operators and determine the goods and services are correct. At the same time, it needs to find the distribution channels access to consumers. Therefore, from the enterprise’ point of view how to meet the market demand has been an important issue in marketing research. In order to meet market demand and to develop the industry different from other marketing strategies, the “market segmentation” can be started to explore the opportunity of target market. The method of market segmentation generally start from the “consumer preference”, “distribution channel”, “geographical analysis”, and so on. However, the research of marketing only focused on some fixed point in the past and those were lack a set oprocess analysis [1]. In addition, the corporate decision-making analyses are mostly collected from the past data. Using information system to get the factors and do the market research by those factors. Common methods are (1) to identify the problem, (2) to analyze the scenario, (3) to obtain information about the problem, (4) to explain the data, and (5) to solve the problem. However, the dynamic needs of the market will obstruct this research, or affect the appropriateness of the research results. Therefore, our study attempts to connect information technology with enterprise management integration, and looking for the key factors of digital marketing mix for enterprise. Consequently, a complete framework of the digital marketing is proposed and the data mining techniques are used to do market segmentation. Then, enterprises can identify the suitable marketing strategies by the characteristics of each group, and draw consumers’ attention and purchase intention. The literature reviews in Section II include the definition of digital marketing, internet marketing, and data mining. Section III presents the framework of digital marketing proposed in the study. Section IV, an actual example is given. Finally, the conclusions are discussed in Section V.

 Application of Data Mining

Digital marketing The digital marketing means using digital technology-related media as a new advertised pattern of marketing channel [10]. “Marketing” is the most important thing in the digital marketing; “digital” is only one of the pipelines of marketing. This new type of digital marketing, prompting business must rethink from the perspective of between businesses and consumers enables new contact and interaction. The key consideration of our study is that the emergence of digital marketing can cause the following two changes in the business marketing: zReduce the costs of making advertising: By using information technology and internet data transmission, through interactive media let marketing information can provide more user-friendly interactions. The production costs may even lower than film ad-films. zNarrow the distance between the consumers: The use of computer equipment can be closer relationships with consumers, and improve customer loyalty or more value-added services for consumers. The channel intermediation opportunities for new distributors orreate more marketing channels [1]. Overall, digital marketing is the product of the relevant information to the digital model to be suitable for packaging, maybe an e-mail, receive SMS at PDA and mobile phones, Website pages and even social network service, blog, chat rooms, digital interactive TV platforms etc., digital marketing can be a performance stage. https://arudhrainnovations.com/

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