Indian Institute of Management Lucknow

New Age Data Analytics for Marketing Professionals: From Intuition to Insight

Indian Institute of Management Lucknow

Marketing
Partner Institution

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About Programme

This three-day programme harnesses the power of essential descriptive, predictive, and prescriptive analytics techniques and tools for marketers. In today’s AI-driven and highly competitive business environment, data has emerged as a new currency for marketers. In this new age, marketing analytics is essential not only for established marketing managers but also for startups striving for success. With the advent of artificial intelligence (AI) and machine learning (ML), data analytics is no longer the domain of business analysts. Rather, every marketing manager is expected to possess strong analytical skills, along with an understanding of contemporary statistical concepts and analytical tools and techniques. These capabilities enable managers to identify business opportunities, assess competition, drive business performance, create meaningful USPs, evaluate segment profitability, and make informed, datadriven decisions.

Programme Content

Role of AI and machine learning in marketing analytics
Experimental design and A/B testing for marketing decisions
Customer and segment profitability analysis
Descriptive, predictive, and prescriptive analytics for marketing applications
Customer insight generation through data-driven approaches
Analytics-enabled strategies for customer acquisition, retention, satisfaction, and loyalty
Sales and product demand forecasting
Data visualisation and managerial data storytelling

Programme Objective

Upon completion of the programme, participants will be able to:

Develop a comprehensive understanding of new-age data analytics tools and techniques, including AI-enabled applications.

Apply data-driven frameworks to key marketing decisions such as segmentation, targeting, customer insights, customer acquisition and retention, satisfaction, and loyalty Use analytical models for demand forecasting, market sizing, and sales planning

Interpret analytical outputs to support managerial decisionmaking rather than purely technical analysis

Master data visualisation and storytelling to effectively communicate insights to stakeholders and foster a datadriven culture within their organisations.

Gain hands-on exposure to industry-standard analytical tools, and enhancing technical competence.

Pedagogy

The programme adopts an experiential and applicationoriented pedagogy, combining:

Interactive lectures and faculty-led discussions

Group exercises and hands-on analytical workshops Real-world case studies, including cases authored by Programme Directors and published by Harvard Business School and IVEY Publishing

Hands-on exposure to some of the industry-relevant analytical tools such as Microsoft Excel, SPSS, Power BI etc.

Programme Audience

This programme is designed for:

Marketing managers and leaders across industries

Startup founders and business heads seeking to leverage analytics for growth in resourceconstrained environments

Professionals with an analytical orientation aspiring to move into analytics-driven marketing or consulting roles

Executives seeking to strengthen their capability in evidence-based, data-driven decision- making

Role of AI and machine learning in marketing analytics

Experimental design and A/B testing for marketing decisions

Customer and segment profitability analysis

Descriptive, predictive, and prescriptive analytics for marketing

applications

Customer insight generation through data-driven approaches

Analytics-enabled strategies for customer acquisition, retention,

satisfaction, and loyalty

Sales and product demand forecasting

Data visualisation and managerial data storytelling

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Contact us for the further details

Speak with an Advisor

  1. Contact Person Details
  2. Testimonials
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Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

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New Age Data Analytics for Marketing Professionals: From Intuition to Insight | IIM Lucknow