Data-driven decisions: 3 pillars for gathering, analyzing, and acting on business data

Published: July 24, 2023, 4 a.m.

Welcome back to another exciting episode of "Process to Profitability." Today, I’m diving into the world of data-driven decisions and how they can transform your business. In this episode, I'll explore how to leverage your existing website traffic, analyze return on investments, and make informed decisions by utilizing valuable data. Get ready to discover how data can supercharge your business growth and take you from good to great. So, grab your notepads and get ready to uncover the secrets of making data-driven decisions on this episode of "Process to Profitability"!

Timestamps:

[00:01:15] Why data is important in making decisions and how you can start using it

[00:01:40] Your values are going to drive the data you consider important

[00:02:13] The data I'm looking at and how it has impacted my business

[00:05:10] How to start gathering and using data to make decisions in your business

Key Takeaways:

  • The importance of making data-driven decisions in business

  • The impact of using data to attract more clients and improve client service

  • Identifying and utilizing the most important data for one's business

  • Focusing marketing efforts on platforms where ideal clients are present

  • Utilizing website analytics to enhance the client journey and increase website traffic

  • The role of data in analyzing return on investment for different business investments