Why You Should Make Data-driven Decisions

December 1, 2018 / GuidesFor Team

Technological innovations have caused the retail industry to transform radically. According to an article in Forbes, 51% of Americans now prefer online shopping. Ecommerce as a whole grows 23% year after year. More data comes from Shopify including the foreseen global retail sales that will reach $4.5 trillion by the year 2021. The numbers are big and can be overwhelming at times, but herein lies the basis for making effective strategies. In the digital world, data is more accessible than ever, allowing business owners to plan ahead and make informed decisions. This article from Entrepreneur gives you the low-down on why data-driven decisions are better than making decisions simply based on preferences and emotions. – Regina Ongkiko

Read the source article at Entrepreneur

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