The Role of Big Data in Modern Marketing Decisions
The transformation of marketing-decisions in the modern business world is because our dependence on data has grown exponentially. Big data analytics(BDA) allows organizations to use vast amounts of data generated by digital interactions, consumer actions and market trends. The aim of this research paper is to explore and understand the role that BDA plays in marketing decision-making, how it changes older conventional approach practices into enhanced consumer insights; more effective target audience targeting at a time which could dramatically enhance Marketing campaigns, resulting growth. The primary objective of this study is to examine the ways in which Big Data analytics facilitates informed decision-making processes within marketing by enabling real-time insights, segment-specific personalization, and predictive analytics. This study presents literature review and case studies extracted from the existing world that denote most of the strategic advantage against competition lying in Big Data Analytics approach for organizations looking to leverage BDA as their market competitive tool.
Authors
- Mohammed Tariq Nayaab
- Divya Nimma (ORCID: https://orcid.org/0009-0005-1525-2395)
- K.S. Kumar (ORCID: https://orcid.org/0000-0001-5318-4622)
- Manoj Kumar Mishra (ORCID: https://orcid.org/0000-0003-1857-9076)
- K. P. Venkataswamy
- JohnKommu Vijay Sagar
Institutions
- Jain University (IN)
- University B.T. & Evening College (IN)
- Autonomous Solutions (United States) (US)
- AISECT University (IN)
- Southern Medical University (CN)
- Vinoba Bhave University (IN)
- REVA University (IN)
Publication Details
- Published
- 2024-12-20
- DOI
- https://doi.org/10.1109/ariia63345.2024.11051902
- Primary Topic
- Big Data and Business Intelligence
- Type
- article
- Field-Weighted Citation Impact
- 0.00