Machine Learning for Marketing

Course Cover
compare button icon

Course Features

icon

Duration

107 minutes

icon

Delivery Method

Online

icon

Available on

Downloadable Courses

icon

Accessibility

Mobile, Desktop, Laptop

icon

Language

English

icon

Subtitles

English

icon

Level

Beginner

icon

Teaching Type

Self Paced

icon

Video Content

107 minutes

Course Description

Marketing has been steadily becoming quantitative over the past decades. Therefore, it is well-positioned to reap the benefits of ML models. AI is widely used in marketing to better target customers and provide personalized experiences across channels. This course, Machine Learning For Marketing, will explore the current machine learning techniques used by marketing teams in different industries. You will first look at the Gartner report on transformative technologies in marketing. Next, you'll explore examples and cases where ML has been used in marketing for customer segmentation and price optimization as well as personalized experiences. Next, you will gain an understanding of how recommendations systems work using collaborative filtering and content-based filtering. The second case study will discuss how goal-based customer segments can be used in banking to determine the creditworthiness customers. The second case study will be about dynamic pricing in public transport to increase ticket sales.

Course Overview

projects-img

International Faculty

projects-img

Case Based Learning

projects-img

Post Course Interactions

projects-img

Case Studies,Hands-On Training,Instructor-Moderated Discussions

projects-img

Case Studies, Captstone Projects

Skills You Will Gain

What You Will Learn

Learning techniques currently used by marketing teams across industries

First, you will look at what a Gartner report has to say about transformative technologies in marketing and you will explore some examples and cases of where ML is already being used in marketing - for customer segmentation, for price optimization, and fo

Then, you'll also get an intuitive understanding of how recommendations systems work using content-based filtering and collaborative filtering

Next, you will explore two ML case studies from research papers - the first one discusses how goal-based customer segmentation can be used in the banking industry to assess the creditworthiness of customers

The second case study will focus on dynamic pricing in public transportation to increase ticket sales and revenue

Finally, you will get hands-on coding and see how you can use the k-means clustering algorithm to segment customers using marketing data

When you are finished with this course you will have the awareness of how machine learning can be applied in marketing and get hands-on experience working with marketing data

Course Instructors

Author Image

Janani Ravi

Instructor

Janani has a Masters degree from Stanford and worked for 7+ years at Google. She was one of the original engineers on Google Docs and holds 4 patents for its real-time collaborative editing framework...
Course Cover