Top 20 data tips for ML
- Data Is paramount in ML . What feature vectors can we rely on to build your model ?
- We are typically starved on data; e.g. product , customer, customer preferences, transactional Data.
- Context aggregation between various shopping patterns opens up numerous possibilities .
- Segment clients based on aggregation of context – micro segmentation.
- Retailers are generally wary of transactions falling in hands of competitors to steal customers .
- Retailers and financial institutions are sensitive to consumer and customer privacy . The anti creep norm .
- Create micro segments for highly engaged segments .
- Txn based or product based vs segment based is the preferable way of leveraging contextual relevance .
- Use Social data to enhance segments through context aggregation .
- Retailers are overwhelmed on how to act on data
- Acq of customers through increased insight . Engaged clients of an industry increase revenue . Capture their attention .
- Enrich to understand what is here Ing on with input of social handles
- Life events detection
- Models . Enrich visual models
- Extraction emotional memes and how they change over time
- Correlate between structured data elements
- Combine structured and not n structured data to form compelling business insights
- Detect events such as Party or vacation on instagram etc
- Opt in for Sharing social media
- Start journey of data exploration with Existing data
- Get clients to Opt in to provide social media handles and transactions
- Aggregation is /brings increasing insight when the pieces of the puzzle are brought together in context .
- Predictive models are high along the maturity spectrum right below ml and deep learning models
