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Embracing AI and Big Data in customer journey mapping: from literature review to a theoretical framework

Authors :
Mario D'Arco
Letizia Lo Presti
Vittoria Marino
Riccardo Resciniti
Source :
Innovative Marketing, Vol 15, Iss 4, Pp 102-115 (2019)
Publication Year :
2019
Publisher :
LLC "CPC "Business Perspectives", 2019.

Abstract

Nowadays, Big Data and Artificial Intelligence (AI) play an important role in different functional areas of marketing. Starting from this assumption, the main objective of this theoretical paper is to better understand the relationship between Big Data, AI, and customer journey mapping. For this purpose, the authors revised the extant literature on the impact of Big Data and AI on marketing practices to illustrate how such data analytics tools can increase the marketing performance and reduce the complexity of the pattern of consumer activity. The results of this research offer some interesting ideas for marketing managers. The proposed Big Data and AI framework to explore and manage the customer journey illustrates how the combined use of Big Data and AI analytics tools can offer effective support to decision-making systems and reduce the risk of bad marketing decision. Specifically, the authors suggest ten main areas of application of Big Data and AI technologies concerning the customer journey mapping. Each one supports a specific task, such as (1) customer profiling; (2) promotion strategy; (3) client acquisition; (4) ad targeting; (5) demand forecasting; (6) pricing strategy; (7) purchase history; (8) predictive analytics; (9) monitor consumer sentiments; and (10) customer relationship management (CRM) activities.

Details

Language :
English
ISSN :
18142427 and 18166326
Volume :
15
Issue :
4
Database :
Directory of Open Access Journals
Journal :
Innovative Marketing
Publication Type :
Academic Journal
Accession number :
edsdoj.2b3badc1847b4159822aa9018d953254
Document Type :
article
Full Text :
https://doi.org/10.21511/im.15(4).2019.09