Which process is used by large retailers to study trends?
Answer Details
Large retailers use data mining to study trends. Data mining is the process of analyzing large amounts of data and identifying patterns and trends in that data to make informed decisions. This can involve looking at customer behavior, sales data, market trends, and other types of data to gain insights into what products are popular, what customers are looking for, and how the market is changing. The goal of data mining is to help retailers make informed decisions about their business and stay ahead of the competition.