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Basket Analysis

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Basket Analysis - definition(s)

Basket analysis - modelling the items that are most likely to appear in a basket together from existing customer information and transactional data. This can help in store promotions, cross sell marketing and other activities.

[Category=Database Marketing ]

Source: DBG, 02 May 2011 07:53:48, http://www.dbg.co.uk/glossary/1015 External 


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