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Get better insights with transactional data analysis

2h 24min | 12 lessons | 0 downloadable resources

In this course, you will learn how to:

  • Analyze transactional data to uncover customer behavior patterns.
  • Segment customers based on purchasing habits and preferences.
  • Identify key performance indicators (KPIs) relevant to your business objectives.
  • Develop data-driven strategies to optimize customer retention and lifetime value.
  • Utilize analytical tools and techniques to inform decision-making processes.

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English subtitles Certificate included
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Some companies who train their teams at CXL

Optimize revenue and drive brand success with data-driven insights

Many businesses struggle to make sense of the vast amount of transactional data available to them, leading to missed revenue opportunities and ineffective decision-making. This course teaches you the skills to analyze and interpret transactional data for better quality insights. You’ll learn how to segment customers, forecast sales, and uncover hidden trends that drive growth. By mastering these techniques, you can maximize profitability, improve marketing strategies, and make data-backed decisions to drive busines success.

Master transactional data analysis Data Analysis to understand and improve brand performance

Course Length:
2h 24min. 12 lessons.

This course provides you with a deep understanding of how to leverage transactional data for business growth. You’ll learn to analyze and segment customer data, forecast demand, identify profitable patterns, and optimize pricing strategies. By mastering these analytical techniques, you will unlock new revenue streams, increase marketing ROI, and create insights that drive strategic decisions for your company’s success. Walk away with the skills to turn raw data into clear, impactful strategies that drive business growth.

After completing this online course on transactional data analysis you will be able to assist your team and company with:

  • Segmenting customers based on purchasing behavior and value.
  • Developing demand forecasts for product or service offerings.
  • Identifying key revenue-driving patterns and trends.
  • Optimizing pricing strategies for maximum profitability.
  • Improving customer retention through data-driven decisions.

This course is for you if you are responsible for:

  • Business and data analysis.
  • Revenue optimization and forecasting.
  • Customer segmentation and targeting strategies.
  • Marketing strategy and campaign execution.
  • Business intelligence and strategic planning.

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Course Curriculum

Transactional data analysis

Data Structure

Leverage the power of a simple .csv file with Customer Purchase Transactions Topics covered Learn why traditional digital reporting is insufficient to help a Business Leader understand why a brand struggles to grow Change how you view customer behavior

Rebuy Rates

Knowing whether a brand is in Acquisition Mode, Hybrid Mode, or Loyalty Mode determines how a brand should craft marketing strategy. Topics covered Determine whether your brand is in Acquisition Mode, Hybrid Mode, or Loyalty Mode. Understand why the Mo

New + Reactivated Buyers

How one brand saw the light Topics covered Learn why new + reactivated buyer counts are likely the most important metric you should track. Understand the critical role new + reactivated buyers play in subsequent growth. Teach co-workers why the focus o

Customer Spend

Why increasing customer spend works at Starbucks, but not as well for most of us. Topics covered We’re taught we can get customers to spend more. This lesson suggests that rebuy rates help us understand “if” that is possible or not. Identify if spend c

Forecasting

Predicting the future is key to fueling marketing success today Topics covered Discover the importance of forecasting the trajectory of your business. Learn how to combine rebuy rates and spend to identify how many customers you’ll have in the future.

Marketing Channels

Why email marketing plays a disproportionate role among loyal customers Topics covered Measure when customers interact with different marketing channels in the customer life cycle. Think carefully about how you use marketing channels based on when cust

Welcome Programs

Almost nobody leverages welcome programs. But they should. Topics covered Learn what a Welcome Program is. Measure “when” a second purchase is likely to happen. Identify the “key inflection point” when customer behavior can be influenced. Download the

The Comp Segment Table

My favorite tool for measuring business health Topics covered Shift focus to figuring out “why” a business is succeeding or failing. Learn how to create a Comp Segment table. Understand the robust flexibility that underlies this simple query. Download

The “Class Of” Analysis

When the Chief Merchandising Officer gets mad at You Topics covered Shift focus from marketing to merchandising/products. Understand how decisions from 2-3 years ago impact performance today. Realize that new merchandise, like new + reactivated custome

Promotions

How could they possibly harm the brand? Topics covered Create “break-even” analysis to measure how much more you have to sell to overcome what is given away with a discount/promotion. Quantify whether discounts/promotions “teach” customers to wait for

Telling The Story

Compelling leadership to act upon the story Topics covered Think about how you put together a series of separate analyses into a coherent order that yields a compelling story. Share the key messages you want Executives to take away from your work. Down

Kevin Hillstrom

Founder @ MineThatData

Kevin is Founder of MineThatData, where he analyzes purchase transactions to explain how customers interact with merchandise, advertising, and marketing channels. Kevin has worked with more than 225 brands since founding MineThatData in 2007.

Kevin spent nearly twenty years in retail in positions of increasing responsibility, including Manager of Analytical Services at Lands’ End, Director of Circulation at Eddie Bauer, and Vice President of Database Marketing at Nordstrom.

This online course
comes with a
Certificate

Completing this course earns you an official CXL Transactional Data Analysis Course Certificate to prove your achievement. CXL is recognized as an industry-leading qualification by employers worldwide, and it is an official qualification on Linkedin that can be added to your profile.

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Frequently asked questions

Plans

What is the difference between the monthly, quarterly and annual plans?

We offer three types of billing lengths to choose from: Monthly, Quarterly, or Annual. The longer the billing length, the cheaper the monthly cost becomes.

Typically annual plans are 40% cheaper per year than paying month-to-month.

What is the difference between the individual and teams plans?

Personal or Individual plans are meant for one person where teams have 2 or more people.

A team account has a few extras:
– Invite and manage people learning on your team.
– Create roadmaps for each individual.
– Access team learning engagement reports.
– Assign members to your team as managers to assign content and view reports.

What is included in the all-access plan?

You’ll get:
– Access to 90+ online courses.
– Earn certificates and add them to LinkedIn.
– Thousands of playbooks and resources.
– All minidegrees
– Roadmapping and progress tracking
– Premium Support

Can I switch plans later if I want to?

Yes. You can switch between different billing lengths at any time (Ex: Switch from a Monthly Plan to Annual).

If you’d like to switch from a individual plan to a team plan (or vice versa), please reach out to customer success via live chat.

Billing

What are the payment options available?

Most major credit cards and Paypal are accepted. If you need an invoice to pay by wire, please message our customer success team via chat for options.

What is parity pricing?

All of our products are priced in USD currency. In order to make our products more affordable, we have established a system where you can pay in your local currency using a special metric that adjusts the price you pay according to the purchasing power of your country.

Is there a discount available?

One of CXL’s company policies is that we don’t discount. Our focus is on the product – providing the best, highest quality content with our courses.

The listed price on the site shows the best price – you can buy with confidence.

We offer pricing based on your local currency, you’ll see this reflected on the pricing and checkout pages.

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