The Impact of Changing Consumer Behaviour on Market Analysis Techniques

This thesis explores the impact of changing consumer behaviour on market analysis techniques and analyses the role of technological advances, socio-cultural changes and economic factors in driving the evolution of market analysis tools and methods. With the development of big data, artificial intelligence and machine learning technologies, market analysis has become more accurate and efficient. The widespread use of social media and online behavioural analytics has driven personalisation and precision marketing, while real-time data and predictive analytics have helped companies become more agile in responding to market changes. This thesis also discusses the importance of privacy protection and data security, as well as the fact that future research should focus on technological advances, data ethics and the diversity of consumer needs in order to respond to the changing market environment. The study suggests that the continuous evolution of market analytics will lead to deeper consumer insights and more competitive market strategies for businesses.

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Publication Details

Journal
Transactions on Economics Business and Management Research
Published
2024-09-28
DOI
https://doi.org/10.62051/abnmg586
Primary Topic
Consumer Market Behavior and Pricing
Type
article
Field-Weighted Citation Impact
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article

The Impact of Changing Consumer Behaviour on Market Analysis Techniques

Xiang Yue
Transactions on Economics Business and Management Research
Consumer Market Behavior and Pricing
article

The Impact of Changing Consumer Behaviour on Market Analysis Techniques

Xiang Yue
article en

Abstract

This thesis explores the impact of changing consumer behaviour on market analysis techniques and analyses the role of technological advances, socio-cultural changes and economic factors in driving the evolution of market analysis tools and methods. With the development of big data, artificial intelligence and machine learning technologies, market analysis has become more accurate and efficient. The widespread use of social media and online behavioural analytics has driven personalisation and precision marketing, while real-time data and predictive analytics have helped companies become more agile in responding to market changes. This thesis also discusses the importance of privacy protection and data security, as well as the fact that future research should focus on technological advances, data ethics and the diversity of consumer needs in order to respond to the changing market environment. The study suggests that the continuous evolution of market analytics will lead to deeper consumer insights and more competitive market strategies for businesses.

Transactions on Economics Business and Management ResearchVol. 12
Columbia University (US)
Openalex Percentile: Top 76%
Consumer Market Behavior and Pricing
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The Impact of Changing Consumer Behaviour on Market Analysis Techniques — Xiang Yue · Transactions on Economics Business and Management Research (2024) | TGRS Research Map | TGRS