Consumer Behavior

Consumer behavior is the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy their needs and wants. It involves analyzing and understanding the psychological, social, and economic factors that influence consumer decision-making. Data science plays a crucial role in understanding consumer behavior by collecting and analyzing large amounts of data from various sources, such as social media, online shopping platforms, and customer feedback. This data is used to identify patterns and trends in consumer behavior, which can be used to develop targeted marketing strategies and improve product design and customer experience.
Your Previous Searches
Random Picks
  • Identity Verification: Identity verification is the process of verifying the identity of an individual or entity. In the context of data science and artificial intelligence, identity verification involves the use of various techniques and technologies to verify t ... Read More >>
  • Huffman Coding: Huffman coding is a lossless data compression algorithm that assigns variable-length codes to characters based on their frequency of occurrence in the input. The more frequent a character is, the shorter its code. This algorithm is widely u ... Read More >>
  • Time Series Data: Time series data is a type of data that is collected over time and is dependent on time. It is a sequence of data points that are measured at regular intervals over time. Time series data is used to analyze trends, patterns, and behaviors o ... Read More >>
Top News

Employees were already freaked out about AI — Amazon just proved them right...

Amazon CEO Andy Jassy acknowledged in a Tuesday statement what many workers have been scared of: Artificial intelligence will soon mean job cuts....

News Source: Business Insider on 2025-06-18

Trump’s purges come for the U.S.’ nuclear safety board...

Donald Trump’s efforts to strip federal agencies and commissions of their independence took an alarming step Monday, when the president fired one of the five commissioners who sit on the Nuclear Reg...

News Source: MSNBC on 2025-06-17

Amazon says it will reduce its workforce as AI replaces human employees | CNN Bu...

Amazon says it will reduce its workforce as AI replaces human employees | CNN Businesscnn.com...

News Source: CNN on 2025-06-17

Amazon’s Jassy says AI will reduce company’s corporate ranks...

Andy Jassy expects the company’s workforce to decline in the next few years....

News Source: Fortune on 2025-06-17

Bank of America is bullish on these 4 under-the-radar AI stocks...

Investors interested in the AI trade beyond the Magnificent Seven should look into these four stocks with breakout growth potential....

News Source: Business Insider on 2025-06-17