Cargando…

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...

Descripción completa

Detalles Bibliográficos
Autores principales: Vollrath, Matthew D., Villegas, Salvador G.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7790731/
http://dx.doi.org/10.1057/s41270-020-00098-0
_version_ 1783633482385195008
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
work_keys_str_mv AT vollrathmatthewd avoidingdigitalmarketinganalyticsmyopiarevisitingthecustomerdecisionjourneyasastrategicmarketingframework
AT villegassalvadorg avoidingdigitalmarketinganalyticsmyopiarevisitingthecustomerdecisionjourneyasastrategicmarketingframework