Easy Reports

Entrepreneurs often discuss making informed decisions, but they do not mean to rely on the raw data. What they mean is reliance on valuable insights derived from raw data. So, it is vital to transform data into actionable data insights that can prove valuable to them. How ever, it is not as easy as it sounds. Also, with the amount of raw data increasing gradually, challenges are countless. The good news is that there are some secrets by which it is possible to turn data into actionable insights. So, learn these top secrets. Identification and collection of the right data First of all, you need to be really precise about identifying the right data, and for the same, your data sources must be relevant to your targeted goals. Be careful about the data sources you require to drive your sales. For example, these sources can be the best performing landing pages of your website, your sales touchpoints generating maximum sales conversion, online customer surveys and feedback, most purchased sa

  Do you know more than 2.5 quintillion bytes of data was created by people almost every day in 2021? Yes, data now means a lot to all businesses across the world. In the digital age, businesses have the tools to access voluminous data sourced from various sources like social media platforms, surveys, publications, and internal departments. Many are using tech-driven powerful tools to collect and make out the meaning of this vast amount of data in minimal time to harness its power. As a result, they access valuable business insights like customer buying patterns, marketplace competition, business performance, etc. So, decisions based on these insights are more accurate than those on assumptions and instincts. However, apart from accuracy and effectiveness, there are other advantages of data-driven decisions within a business. Let’s have a look. Increased Transparency   When a business prefers to make data-driven decisions, transparency is increased in the overall business operations du