Data mining allows brand managers and their employees to process big amounts of data and extract new patterns from it. Just like for marketers, this gives brand managers a huge advantage in finding data about what customers think about their product, when and where they buy their product, and what other products they typically buy with theirs. Because of this abundance of information due to IT technology in Data Mining, businesses are better able to increase their sales by targeting the right consumers, fixing problems with their products, and placing their products in the right stores, demographic/geographic, areas and even the right areas in the
Data mining allows brand managers and their employees to process big amounts of data and extract new patterns from it. Just like for marketers, this gives brand managers a huge advantage in finding data about what customers think about their product, when and where they buy their product, and what other products they typically buy with theirs. Because of this abundance of information due to IT technology in Data Mining, businesses are better able to increase their sales by targeting the right consumers, fixing problems with their products, and placing their products in the right stores, demographic/geographic, areas and even the right areas in the