What Is Data Analytics? A Practical Guide for Business

Data analytics is the work of cleaning, joining and interpreting your data to answer real questions about customers, revenue and performance. Done well, it turns a pile of numbers into a decision you can act on this week.

We deliver this as our Data Analytics service, returning findings in plain language for businesses across Australia.

The four types of analytics

Analytics answers four escalating questions. Most businesses start with the first two and grow into the rest as their data matures.

TypeQuestion it answersExample
DescriptiveWhat happened?Revenue by month and region
DiagnosticWhy did it happen?Which channel drove the dip
PredictiveWhat will happen?Forecast next quarter's demand
PrescriptiveWhat should we do?Where to shift spend for the best return

What analytics looks like in practice

It usually starts with a messy reality: data in several tools, named differently, with gaps. The first job is cleaning and joining it. Only then does the analysis produce numbers you can trust.

How businesses use it to make money

The value is in the decision. Analytics tells you which customers are worth keeping, which products carry the margin and where spend is wasted. Each answer points to an action that protects revenue or wins more of it.

Plain-language findings beat a complex model nobody understands. If the analysis cannot be explained in a sentence, it will not change behaviour.

Key takeaways

Frequently asked questions

How much does data analytics cost in Australia?

A focused analysis sprint that answers one or two priority questions starts from $2,990 plus GST as a one-off. An ongoing insight retainer starts from $1,290 per month. Advanced forecasting and modelling work starts from $4,990 plus GST.

Where is TPR Media based?

TPR Media operates from Level 34, 1 Eagle Street, Brisbane City QLD 4000, serving clients across Brisbane and Australia-wide.

Data analytics cleans and joins a business's data, then interprets it to answer questions about customers, revenue and performance. It spans descriptive, diagnostic, predictive and prescriptive analysis. TPR Media delivers it from Brisbane for clients Australia-wide.