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Brand Differentiation Statistic

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Statistics  can be used for making sales predictions, fiscal analysis of capital expenditure projects, constructing profit plans for a new product, setting up production quantities, and making a sampling analysis to determine the quality of a product. Statistical improvements mean the use of statistical methods for the quality improvement of products and services. A great amount of data is collected and then processed under different statistical methods and as a result, a more reliable and better product or service is formed. These statistical methods include different mathematical formulas, models, and techniques. Mostly two main methods that can be used these are: 1.        Descriptive statistics (the use of mean, median, standards, deviation, etc.) Descriptive statistics  are very  important in business  because if you simply present your raw data it would be hard to visualize what the data was showing, especially if there was a ...

Generation Z and Social Media Marketing

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  Digital Marketing solutions Introduction Generation Z is born in an era where the use of technology is at its peak. There is no single finger out there that is not on a typing machine, be that a smartphone, a laptop, or a tablet. Moving out of the way for things that are beyond normal is what this generation looks for. With young minds shaping for ideas for a new future, social media marketing is nothing less than a challenge for the marketers trying to inspire fresh minds with innovations and marketing strategies. So, when it comes to engaging the fresh minders, it is the ideas that should be out of the box for them to engage. To grab the attention of this age group ranging between 4 to 24 years of age, it is significant to understand what this generation is looking for, what is their main focus, with their likes and dislikes, viewing their mood swings and tastes with each passing day, and acknowledging what matters the most to them. Keeping these points in mind, it becom...