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Online retailers are particularly smart at this, and have given many established brick and mortar competitors a hard time with their ability to analyze consumer sentiment, take suitable action, and elicit positive recommendations from their enormous online audience.
FORBES: Now that data's going really big, what's next?
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We can aggregate and analyze data to better understand consumer trends, and then apply those insights to our go-to-market campaigns.
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If we analyze by annualizing that 203% growth in the consumer market, GDP per capita will have to grow at a rate of 6% and consumer spending will grow at 7.8% between now and 2020, outpacing GDP growth by nearly 2%, consistently for the next 8 years.
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