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Gürdal Ertek | College of Business | Abu Dhabi University, UAE Abu Dhabi | Dubai | Al Ain | Al Dhafra Data - Driven Marketing: A 20 - Minute Crash Course

Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Page 1: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

Gürdal Ertek | College of Business | Abu Dhabi University, UAE

Abu Dhabi | Dubai | Al Ain | Al Dhafra

Data-Driven Marketing: A 20-Minute Crash Course

Page 2: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

IT in 21st Century• Emerging information technologies (IT)

• shaping and transforming • organizations, • industries, and even • nations

• include• big data, • data science and artificial intelligence, • cyber security, • virtual reality,• cloud systems, • distributed computing, • mobile technologies, and • RFID (radio frequency identification). 2

Page 3: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

• "Data science is the study of data and

• a data scientist is someone who solves problems by studying data.

• So pretty much, all science is data science."

Siraj Raval

3

What is Data Science?

Sou

rce:

htt

ps:

//b

it.ly

/2e2

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Page 4: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

4

Who are involved in data science?

Source: https://bit.ly/2GMA1cQ

Page 5: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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How is data analyzed?

Source: https://bit.ly/2J7u6gVCross-industry standard process for data mining

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▪Research & Teaching:▪ Data Science & AI▪ Project Management▪ Supply Chain Management▪ R&D Management

▪ErtekProjects.com▪ Publications▪ Online Training

▪Email: [email protected]

Speaker: Dr. Gurdal Ertek[Dr. Good News]

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Abu Dhabi University – College of Business

7

•Abu Dhabi

•Dubai

•Al Ain

•Al Dhafra

Page 8: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

Outline• Data Science

• Roles in Data Science

• How is Data Analyzed?

• Speaker Bio

• Lessons1. Pivot Table Analysis

2. Clustering Similar Customers

3. Clustering Similar Products

4. Market Basket Analysis

5. Time Series Prediction

8Available Under: https://ertekprojects.com/cet2018

Page 9: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

9

LESSON 1

Pivot Table Analysis

1

Available Under: https://ertekprojects.com/cet2018

Page 10: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Source Data: Multinational Sales Transactions

Source: https://tinyurl.com/cet2018lesson1

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Planning the Pivot Table Analysis

Page 12: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Sample Pivot Tables

Page 13: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

13

LESSON 2

Clustering Similar Customers

2

Available Under: https://ertekprojects.com/cet2018

Page 14: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Source Data: Pivot Table

Page 15: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Clustering Similar Products

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Clustering Similar Customers

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Customers in Each Cluster (with similar purchase patterns)

Cluster 4

Cluster 5

Page 18: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Profiling Customer Clusters

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LESSON 3

Clustering Similar Products

3

Available Under: https://ertekprojects.com/cet2018

Page 20: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Source Data: Weekly Sales of P1…P811

…Source: https://tinyurl.com/cet2018lesson3

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Clustering Similar Products

40

881

Page 22: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Clustering Similar Products

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Products in Each Cluster (with similar sales patterns)

Cluster 19Cluster 20

Cluster 21

Page 24: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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LESSON 4

Market Basket Analysis

4

Available Under: https://ertekprojects.com/cet2018

Page 25: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

Association Mining for Market Basket Analysis• Association Mining

• Very popular analytical method.

• Interpretable and actionable results.

• Patterns of "appearing together".

• Frequent itemsets• Sets of items appearing together frequently.

• Association Rule [if A then B]• If Item A is observed,

Then Item B is also observed.

25

Page 26: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

Association Mining for Market Basket Analysis

• Association Rule [if A then B]• If Item A is observed,

Then Item B is also observed.

26

Support: Fraction of transactionshaving both Item A and Item B.

Confidence: Conditional probability ofobserving Item B, given that Item A is observed.

𝑆 =𝑓𝑟𝑒𝑞𝑢𝑒𝑛𝑐𝑦(𝐴 ∩ 𝐵)

𝑇

𝐶 =𝑓𝑟𝑒𝑞𝑢𝑒𝑛𝑐𝑦(𝐴 ∩ 𝐵)

𝑓𝑟𝑒𝑞𝑢𝑒𝑛𝑐𝑦(𝐴)

Page 27: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Source Data: Grocery Sales Transactions

… …

Source: https://tinyurl.com/cet2018lesson4

Page 28: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Association Mining

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Association Rules

IF THEN

Page 30: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Association Rule Graph

Page 31: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Filtering the Rules for an Item

IF baking_powderTHEN

• whole_milk (with 52% confidence)• other_vegetables (with 41% confidence)• whipped_sour_cream (with 26% confidence)

Page 32: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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LESSON 5

Time Series Prediction

5

Available Under: https://ertekprojects.com/cet2018

Page 33: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Source Data: Grocery Sales Transactions

… …

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Time Series Prediction

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Time Series Prediction

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BONUS: LESSON 6

Chatbots

6

Available Under: https://ertekprojects.com/cet2018

Page 37: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Google DialogFlow

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Google DialogFlow

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Google DialogFlow

Page 40: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Google DialogFlow

Page 41: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Google DialogFlow

Page 42: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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FINAL WORDS

:)

Available Under: https://ertekprojects.com/cet2018

Page 43: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

Lessons Learned

43

• 80% of project will be data engineering & preparation.

• "A Taxonomy of Dirty Data" filetype:pdf

• MS Excel (especially Pivot Table) is sufficient for many projects.

• Target visual analytics before machine learning.

• Start with free visual modeling software: Orange, RapidMiner.

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• For big data, cloud computing is inevitable.• SAP, IBM, Oracle, Microsoft, AWS, Google

• Digital marketing data is at least as valuable as ERP data.

• Junior Data Scientist = $100 for Udemy Courses

+ Free Kaggle datasets+ 1,000 hours hard work

Lessons Learned

Page 45: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

Gürdal Ertek | College of Business | Abu Dhabi University, UAE

Abu Dhabi | Dubai | Al Ain | Al Dhafra

Data-Driven Marketing: A 20-Minute Crash Course

Page 46: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

Acknowledgement

46

Page 47: Data-Driven Marketing: A 20-Minute Crash Course€¦ · Data-Driven Marketing: A 20-Minute Crash Course. IT in 21st Century •Emerging information technologies (IT) •shaping and

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Available Under: https://ertekprojects.com/cet2018Email: [email protected]

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