2min chapter

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#139 How Data Scientists Can Thrive in the FMCG Industry

DataFramed

CHAPTER

How to Calculate the ROI of a Data Team

A lot of organizations are looking at the ROI of different initiatives that they're trying to put in. How have you approached the ROI question from the data team and maybe share some best practices with the leaders on the call here? I think it really depends on the use case. So when I was talking about revenue growth, It's a question how fast and how high you can do the price up so you can actually earn more. In case of promotions is that you do not overspend for discounts where you don't have to. So again, it's certain saving of one.

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