Journal
JOURNAL OF MARKETING
Volume 80, Issue 6, Pages 97-121Publisher
SAGE PUBLICATIONS INC
DOI: 10.1509/jm.15.0413
Keywords
big data; marketing analytics; marketing mix; personalization; privacy
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The authors provide a critical examination of marketing analytics methods by tracing their historical development, examining their applications to structured and unstructured data generated within or external to a firm, and reviewing their potential to support marketing decisions. The authors identify directions for new analytical research methods, addressing (1) analytics for optimizingmarketing-mix spending in a data-rich environment, (2) analytics for personalization, and (3) analytics in the context of customers' privacy and data security. They review the implications for organizations that intend to implement big data analytics. Finally, turning to the future, the authors identify trends that will shape marketing analytics as a discipline as well as marketing analytics education.
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