raaman
Valued Contributor
Making a Business Profitable.
To make a business profitable, you need to make better decisions and allocate resources better. So, how can you do this better? You can do this by having access to data, specifically to performance indicators. What are performance indicators? They are indices that help you measure the performance of actions in a certain period of time. For example, if you want to attract customers to the business through online advertising on Facebook, you have to analyze certain performance indicators to understand concretely how well the campaign is going. It helps you to know if the results are favorable. At the same time, it also helps you make good predictions for the future with the data you have.
To make a business profitable, you need to make better decisions and allocate resources better. So, how can you do this better? You can do this by having access to data, specifically to performance indicators. What are performance indicators? They are indices that help you measure the performance of actions in a certain period of time. For example, if you want to attract customers to the business through online advertising on Facebook, you have to analyze certain performance indicators to understand concretely how well the campaign is going. It helps you to know if the results are favorable. At the same time, it also helps you make good predictions for the future with the data you have.