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What is Predictive Analytics and How is it Used?

Predictive analytics involves using historical data and statistical algorithms to forecast future outcomes. In email marketing, predictive analytics can be used to anticipate customer behavior, such as predicting which customers are likely to make a purchase or unsubscribe. By leveraging this information, marketers can create targeted campaigns aimed at retaining customers or converting leads. Predictive analytics can also help in inventory management, ensuring that marketing efforts are aligned with product availability.

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