Answered step by step
Verified Expert Solution
Question
1 Approved Answer
For example, if you buy baby formula at CVS, you will get a coupon for diapers with your receipt. Companies use pattern recognition and AI
For example, if you buy baby formula at CVS, you will get a coupon for diapers with your receipt. Companies use pattern recognition and AI to figure out trends and anticipate buying decisions. Please explain how companies can turn data into profit and then give me 2 examples of companies and how they are currently using data to profit off customers
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started