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.

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Published
2024-12-20
DOI
https://doi.org/10.1109/ariia63345.2024.11051902
Primary Topic
Big Data and Business Intelligence
Type
article
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article

The Role of Big Data in Modern Marketing Decisions

Mohammed Tariq Nayaab, Divya Nimma, K.S. Kumar, Manoj Kumar Mishra et al.
Big Data and Business Intelligence
article

The Role of Big Data in Modern Marketing Decisions

Mohammed Tariq Nayaab, Divya Nimma, K.S. Kumar, Manoj Kumar Mishra, K. P. Venkataswamy, JohnKommu Vijay Sagar
article en

Abstract

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.

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)
Openalex Percentile: Top 50%
Big Data and Business Intelligence
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The Role of Big Data in Modern Marketing Decisions — Mohammed Tariq Nayaab, Divya Nimma, et al. · (2024) | TGRS Research Map | TGRS