REIsearch NEWS

08/12/2018

How Can Big Data Contribute To Digital Marketing Success?

Gone are the days when marketing decisions were guided by intuition and experience. Important marketing decisions are now determined by big data. This refers to the study and application of big, complex datasets, which cannot be processed by traditional data-processing applications. These figures generate insights that can lead to better business decisions and strategic moves. The application of the right technology improves the quality of decision making and detailing processes.

Big data enables companies to better target the core needs of customers by developing rich and informative content. Let’s understand how it helps companies collect data about customer behaviors. One example is cookie files. They collect information about customers’ activities as they browse the internet, generating personalized data in the process. Though applying big data to digital marketing is a great idea, it’s necessary to use good analytical tools to ensure the data presents valuable conclusions. These methods ensure that actionable insight is derived in an efficient manner so that companies can make their decisions without delays. To evaluate what makes a good analytical tool, it should be able to access all types of data including cloud, social media data, log files, websites, emails and other unstructured data. It should support campaign attribution tracking, real-time analytics, funnels and third-party testing and integration tools, says Forbes.

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