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Avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework
The use of analytics data in digital marketing has had a profound impact on the way marketers create consumer relationships and how firms make decisions. However, the marketing analytics literature offers little guidance on how digital marketing analytics tools should be selected and leveraged in se...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Palgrave Macmillan UK
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7790731/ http://dx.doi.org/10.1057/s41270-020-00098-0 |
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author | Vollrath, Matthew D. Villegas, Salvador G. |
author_facet | Vollrath, Matthew D. Villegas, Salvador G. |
author_sort | Vollrath, Matthew D. |
collection | PubMed |
description | The use of analytics data in digital marketing has had a profound impact on the way marketers create consumer relationships and how firms make decisions. However, the marketing analytics literature offers little guidance on how digital marketing analytics tools should be selected and leveraged in service to the firm’s overall strategy. Foundational marketing theory and research concerning the origin of consumer value and the primary importance of the consumer decision journey to strategy formation offer a pathway to evaluating digital marketing tools and analysis in a strategic and theoretically sound manner. This paper builds on seminal marketing thought to propose a conceptual framework that places use of digital marketing analytics tools and channels in the context of a firm’s marketing plan. The framework has diverse applications across many industries and platforms and can help markers avoid falling victim to digital marketing analytics myopia, even as evolving technologies and broader societal forces like the response to Covid-19 accelerate the digitalization of marketing. |
format | Online Article Text |
id | pubmed-7790731 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
publisher | Palgrave Macmillan UK |
record_format | MEDLINE/PubMed |
spelling | pubmed-77907312021-01-08 Avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework Vollrath, Matthew D. Villegas, Salvador G. J Market Anal Original Article The use of analytics data in digital marketing has had a profound impact on the way marketers create consumer relationships and how firms make decisions. However, the marketing analytics literature offers little guidance on how digital marketing analytics tools should be selected and leveraged in service to the firm’s overall strategy. Foundational marketing theory and research concerning the origin of consumer value and the primary importance of the consumer decision journey to strategy formation offer a pathway to evaluating digital marketing tools and analysis in a strategic and theoretically sound manner. This paper builds on seminal marketing thought to propose a conceptual framework that places use of digital marketing analytics tools and channels in the context of a firm’s marketing plan. The framework has diverse applications across many industries and platforms and can help markers avoid falling victim to digital marketing analytics myopia, even as evolving technologies and broader societal forces like the response to Covid-19 accelerate the digitalization of marketing. Palgrave Macmillan UK 2021-01-08 2022 /pmc/articles/PMC7790731/ http://dx.doi.org/10.1057/s41270-020-00098-0 Text en © The Author(s) 2021 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) . |
spellingShingle | Original Article Vollrath, Matthew D. Villegas, Salvador G. Avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework |
title | Avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework |
title_full | Avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework |
title_fullStr | Avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework |
title_full_unstemmed | Avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework |
title_short | Avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework |
title_sort | avoiding digital marketing analytics myopia: revisiting the customer decision journey as a strategic marketing framework |
topic | Original Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7790731/ http://dx.doi.org/10.1057/s41270-020-00098-0 |
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