bus5ca customer analytics and social media

CUSTOMER ANALYTICS AND SOCIAL MEDIA

BUS5CA

2018

Credit points: 15

Subject outline

Humans have become information triggering and transmitting 'devices' due to the use of ATMs, credit cards, telephones, loyaltycards, call centres, digital television, internet etc. Using customer analytics, such information can be used by organizations to understand their customer lifestyles, life stages, personal values and financial status, which helps to gain new customers, keep existing customers longer and increase the frequency and value of customers thus becoming more competitive and profitable. Social media now plays a significant role in the customer relationship both as a way of marketing products and services and also a medium through which customer behaviours, sensitivities and sentiments could be captured. Ability to efficiently make use of social media information is now becoming an essential part of customer analytics. This unit provides the necessary knowledge and skills to use data analytics technologies to better understand customers resulting in happier, content and loyal customers leading to a better customer relationship. Case studies will be throughout to concepts, techniques and tools.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorWei Peng

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisites BUS5PA or student enrolled in SMDS

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions Core in Courses: LGBAN, LMBAN, LMPACBA

Learning resources

Readings

Resource Type	Title	Resource Requirement	Author and Year	Publisher
Readings	Data Mining Techniques	Recommended	Linoff and Berry, 2011	Wiley
Readings	Social Media Data Mining and Analytics	Recommended	Szabo and Boykin, 2015	Wiley

Graduate capabilities & intended learning outcomes

01. Assess how data analytics could be used to identify and predict customer life cycles, life stages, behaviours using multiple sources of information from within and outside organisations

Activities:: Lecture and workshops
Related graduate capabilities and elements:: Literacies and Communication Skills(Writing); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

02. Apply analytics tools for customer analytics tasks such as segmentation, profiling churn analysis and prediction, target marketing

Activities:: Lecture, workshops and assignments
Related graduate capabilities and elements:: Literacies and Communication Skills(Writing); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

03. Propose social media analytics techniques to enhance the customer intelligence and understanding customer sentiment

Activities:: Lecture, workshops and assignments
Related graduate capabilities and elements:: Literacies and Communication Skills(Writing); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research); Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

Subject options

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City Campus, 2018, Semester 2, Night

Overview

Online enrolmentYes

Maximum enrolment size70

Enrolment information Limits of learning space Order of application

Subject Instance Co-ordinatorWei Peng

Class requirements

Lecture/WorkshopWeek: 31 - 43
One 3.0 hours lecture/workshop per week on weekdays at night from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment element	Comments	%	ILO*
Written Assignment, customer profiling and market segmentation	1500 words equivalency task	30	01, 02
Written Assignment, customer social media analysis	2000 words equivalency task	40	01, 02, 03
Written Assignment, insights from customer behavioural and value analysis	1500 words equivalency task	30	01, 02