A STUDY ON THE ROLE OF MARKETING ANALYTICS IN STRATEGIC DECISION MAKING

In today's highly competitive and data-driven business environment, making informed decisions is more critical than ever.Marketing analytics has emerged as a powerful tool that helps organizations turn raw data into meaningful insights, guiding strategic decisions and improving overall performance.This study explores the role of marketing analytics in shaping strategic decision-making processes across various industries.It focuses on how companies gather, interpret, and apply marketing data to make more effective choices regarding customer targeting, product development, pricing strategies, and promotional activities.The research combines both qualitative and quantitative approaches, including case studies, surveys, and interviews with marketing professionals.Findings indicate that organizations that actively use marketing analytics not only make quicker and more confident decisions but also demonstrate better alignment between marketing strategies and business objectives.Key areas where analytics has shown significant impact include customer segmentation, campaign performance tracking, market trend forecasting, and return on investment (ROI) measurement.However, the study also highlights some challenges-such as data quality issues, lack of skilled personnel, and resistance to adopting data-driven cultures-that can limit the effectiveness of marketing analytics.Despite these challenges, the growing availability of advanced tools and technologies is making it easier for companies to integrate analytics into their strategic frameworks.Ultimately, the study concludes that marketing analytics is no longer just a supporting function but a strategic asset that enables smarter decision-making.Businesses that invest in analytics capabilities and foster a data-centric culture are better positioned to adapt to market changes, meet customer needs, and achieve long-term growth.This research underscores the importance of embedding analytics into the core of marketing strategy for sustained competitive advantage.

Publication Details

Journal
IARJSET
Published
2025-05-10
DOI
https://doi.org/10.17148/iarjset.2025.125232
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

A STUDY ON THE ROLE OF MARKETING ANALYTICS IN STRATEGIC DECISION MAKING

IARJSET
Big Data and Business Intelligence
article

A STUDY ON THE ROLE OF MARKETING ANALYTICS IN STRATEGIC DECISION MAKING

article en

Abstract

In today's highly competitive and data-driven business environment, making informed decisions is more critical than ever.Marketing analytics has emerged as a powerful tool that helps organizations turn raw data into meaningful insights, guiding strategic decisions and improving overall performance.This study explores the role of marketing analytics in shaping strategic decision-making processes across various industries.It focuses on how companies gather, interpret, and apply marketing data to make more effective choices regarding customer targeting, product development, pricing strategies, and promotional activities.The research combines both qualitative and quantitative approaches, including case studies, surveys, and interviews with marketing professionals.Findings indicate that organizations that actively use marketing analytics not only make quicker and more confident decisions but also demonstrate better alignment between marketing strategies and business objectives.Key areas where analytics has shown significant impact include customer segmentation, campaign performance tracking, market trend forecasting, and return on investment (ROI) measurement.However, the study also highlights some challenges-such as data quality issues, lack of skilled personnel, and resistance to adopting data-driven cultures-that can limit the effectiveness of marketing analytics.Despite these challenges, the growing availability of advanced tools and technologies is making it easier for companies to integrate analytics into their strategic frameworks.Ultimately, the study concludes that marketing analytics is no longer just a supporting function but a strategic asset that enables smarter decision-making.Businesses that invest in analytics capabilities and foster a data-centric culture are better positioned to adapt to market changes, meet customer needs, and achieve long-term growth.This research underscores the importance of embedding analytics into the core of marketing strategy for sustained competitive advantage.

IARJSETVol. 12(5)
Peace, Justice and strong institutions
Openalex Percentile: Top 83%
Big Data and Business Intelligence
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