CUSTOMER ANALYTICS AND SOCIAL MEDIA

BUS5CA

2020

Credit points: 15

Subject outline

Humans have become information triggering and transmitting 'devices' due to the use of ATMs, credit cards, telephones, loyalty cards, 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 segments 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.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Jojo Wong

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 5 - Masters

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: BUS5VA

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Quota Management Strategy: Merit based quota management

Quota-conditions or rules: By the order of application to subject coordinator.

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Learning resources

Social Media Data Mining and Analytics

Resource Type: Book

Resource Requirement: Recommended

Author: Szabo and Boykin

Year: 2015

Edition/Volume: N/A

Publisher: Wiley

ISBN: 978-1-118-82485-6

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Ask, measure, learn: using social media analytics to understand and influence customer behaviour

Resource Type: Book

Resource Requirement: Recommended

Author: Finger and Dutta

Year: 2014

Edition/Volume: N/A

Publisher: O'Reilly Media

ISBN: 978-144-933-6752

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

COMMUNICATION - Communicating and Influencing
DISCIPLINE KNOWLEDGE AND SKILLS
INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Inspect the customer data analytics framework to understand customer life cycles and customer behaviours.
02. Apply the appropriate analytics tools for customer analytics tasks including customer segmentation and profiling, churn analysis and prediction, target-marketing analysis.
03. Analyse and evaluate various customer analytics techniques for a variety of business problems.
04. Design social media analytics solutions to enhance customer intelligence through customer sentiment analysis.
05. Formulate various data-driven decisions for a given problem by using multiple sources of information within and outside of the organisations.

City Campus, 2020, Semester 2, Night

Overview

Online enrolment: Yes

Maximum enrolment size: 120

Subject Instance Co-ordinator: Jojo Wong

Class requirements

Lecture/WorkshopWeek: 31 - 43
One 3.00 hours lecture/workshop per week on weekdays at night from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Written Assignment, customer social media analysis (1500 words)

N/AN/AN/ANo30SILO1, SILO2, SILO3, SILO4

Written Assignment, customer profiling and market segmentation (1500 words)

N/AN/AN/ANo30SILO1, SILO2, SILO3, SILO5

Written Assignment, insights from customer behavioural and value analysis (2000 words)

N/AN/AN/ANo40SILO1, SILO2, SILO5