Through data mining, retailers attempt to increase sales from a company's existing customers, and hence, solidify and increase market share.

Name: Through data mining, retailers attempt to increase sales from a company's existing customers, and hence, solidify and increase market share.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Data mining helps retailers analyze customer data to identify patterns and trends, allowing them to tailor marketing strategies to retain existing customers and attract new ones, thereby increasing market share.

Through Data Mining, Retailers Attempt to Increase Sales from a Company's