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The role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions

According to the literature, companies that use consumer data from digital marketing can have better results than those that do not. However, investments in analytics have gradually declined and most research does not place the use of data in strategic processes. Thus, this paper proposes a model to...

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Detalles Bibliográficos
Autores principales: Proença, Marina, Martins, Tomas Sparano
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10136386/
http://dx.doi.org/10.1057/s41270-023-00224-8
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author Proença, Marina
Martins, Tomas Sparano
author_facet Proença, Marina
Martins, Tomas Sparano
author_sort Proença, Marina
collection PubMed
description According to the literature, companies that use consumer data from digital marketing can have better results than those that do not. However, investments in analytics have gradually declined and most research does not place the use of data in strategic processes. Thus, this paper proposes a model to evaluate the incorporation of external knowledge generated by data, with the organization's internal knowledge, through the insertion of the absorptive capacity as a mediator between the use of digital marketing data and the effectiveness of marketing decision-making. To this end, a survey of 144 Brazilian retail companies was conducted and it was found that there is mediation, but it is partial. The findings suggest some insights into actions that can be taken to improve the use of data by the organization, such as the importance of disseminating marketing data, so that it can be used strategically by decision-makers.
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spelling pubmed-101363862023-04-28 The role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions Proença, Marina Martins, Tomas Sparano J Market Anal Original Article According to the literature, companies that use consumer data from digital marketing can have better results than those that do not. However, investments in analytics have gradually declined and most research does not place the use of data in strategic processes. Thus, this paper proposes a model to evaluate the incorporation of external knowledge generated by data, with the organization's internal knowledge, through the insertion of the absorptive capacity as a mediator between the use of digital marketing data and the effectiveness of marketing decision-making. To this end, a survey of 144 Brazilian retail companies was conducted and it was found that there is mediation, but it is partial. The findings suggest some insights into actions that can be taken to improve the use of data by the organization, such as the importance of disseminating marketing data, so that it can be used strategically by decision-makers. Palgrave Macmillan UK 2023-04-27 /pmc/articles/PMC10136386/ http://dx.doi.org/10.1057/s41270-023-00224-8 Text en © The Author(s), under exclusive licence to Springer Nature Limited 2023, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Original Article
Proença, Marina
Martins, Tomas Sparano
The role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions
title The role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions
title_full The role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions
title_fullStr The role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions
title_full_unstemmed The role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions
title_short The role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions
title_sort role of absorptive capacity in the use of digital marketing analytics for effective marketing decisions
topic Original Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10136386/
http://dx.doi.org/10.1057/s41270-023-00224-8
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