Abstract
The era of massive data has changed the manner that customer intelligence is examined and applied to intelligent information systems. Customer intelligence is the ability to acquire knowledge and skills from massive data through customer analytics then apply them to the process of creating, communicating, delivering, and co-creating to offer value. Considering the vast nature of this research stream, the paper sheds light on investigating key aspects of customer intelligence with relevance to marketing solutions. The objective of the study is to conduct a critical literature review and develop a theoretical framework on customer intelligence in the context of massive data to support marketing decisions. The results of the paper indicate various applications of customer intelligence through the lens of the marketing mix. Accordingly, customer intelligence is applied to the aspects of the extended marketing mix (7P’s), including Product/Service, Price, Promotion, Place, People, Process, and Physical evidence. The paper makes major contributions to the application of customer intelligence for intelligent information systems in supporting marketing decisions.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Gandomi, A., Haider, M.: Beyond the hype: big data concepts, methods, and analytics. Int. J. Inf. Manage. 35(2), 137–144 (2015)
Jagadish, H.V.: Big data and science: Myths and reality. Big Data Res. 2(2), 49–52 (2015)
Zerbino, P., Aloini, D., Dulmin, R., Mininno, V.: Big data-enabled customer relationship management: a holistic approach. Inf. Process. Manage. 54(5), 818–846 (2018)
Anshari, M., Almunawar, M.N., Lim, S.A., Al-Mudimigh, A.: Customer relationship management and big data enabled: personalization & customization of services. Appl. Comput. Inf. 15(2), 94–101 (2019)
Yan, Y., Huang, C., Wang, Q., Hu, B.: Data mining of customer choice behavior in internet of things within relationship network. Int. J. Inf. Manage. 50, 566–574 (2020)
Sivarajah, U., Kamal, M.M., Irani, Z., Weerakkody, V.: Critical analysis of big data challenges and analytical methods. J. Bus. Res. 70, 263–286 (2017). https://doi.org/10.1016/j.jbusres.2016.08.001
France, S.L., Ghose, S.: Marketing analytics: methods, practice, implementation, and links to other fields. Exp. Syst. Appl. 119, 456–475 (2018). https://doi.org/10.1016/j.eswa.2018.11.002
Dam, N.A.K., Le Dinh, T., Menvielle, W.: A service-based model for customer intelligence in the age of big data (2020)
Holmlund, M., et al.: Customer experience management in the age of big data analytics: a strategic framework. J. Bus. Res. (2020)
Tabrizi, B., Lam, E., Girard, K., Irvin, V.: Digital transformation is not about technology. Harvard Bus. Rev. (2019)
Davenport, T.H., Spanyi, A.: Digital transformation should start with customers. MIT Sloan Manage. Rev. (2019)
Lau, R.Y.K., Zhao, J.L., Chen, G., Guo, X.: Big data commerce. Inf. Manage. 53(8), 929–933 (2016). https://doi.org/10.1016/j.im.2016.07.008
Stebbins, R.A.: Exploratory Research in the Social Sciences, vol. 48. Sage (2001)
Webster, J., Watson, R.T.: Analyzing the past to prepare for the future: writing a literature review. MIS Q. 26(2), xiii–xxiii (2002)
Chen, H., Chiang, R.H.L., Storey, V.C.: Business intelligence and analytics: from big data to big impact. MIS Q. 36, 1165–1188 (2012)
Barney, J.: Firm resources and sustained competitive advantage. J. Manage. 17(1), 99–120 (1991)
Chen, I.J., Popovich, K.: Understanding customer relationship management (CRM) People, process and technology. Bus Process Manage. J. 9(5), 672–688 (2003)
Rygielski, C., Wang, J.-C., Yen, D.C.: Data mining techniques for customer relationship management. Technol. Soc. 24(4), 483–502 (2002)
Keskin, H.: Market orientation, learning orientation, and innovation capabilities in SMEs. Eur. J. Innov. Manage. 9(4), 396–417 (2006)
Lewrick, M., Omar, M., Williams Jr., R.L.: Market orientation and innovators’ success: an exploration of the influence of customer and competitor orientation. J. Technol. Manage. Innov. 6(3), 48–62 (2011)
Guarda, T., Santos, M.F., Pinto, F., Silva, C., Lourenço, J.: A conceptual framework for marketing intelligence. Int. J. e-Educ. e-Bus. e-Manage. e-Learn. 2(6), 455 (2012)
Singh, P., Verma, G.: Mystery shopping: measurement tool for customer intelligence management. IOSR J. Bus. Manage. Sci. 16(6), 101–104 (2014)
Samuel, A.: Data is the next big thing in content marketing. Harvard Bus. Rev. (2015)
Gobble, M.M.: From customer intelligence to customer intimacy. Res. Technol. Manage. 58(6), 56–61 (2015)
Rakthin, S., Calantone, R.J., Wang, J.F.: Managing market intelligence: the comparative role of absorptive capacity and market orientation. J. Bus. Res. 69(12), 5569–5577 (2016)
Stone, M., et al.: How platforms are transforming customer information management. Bottom Line 30(3) (2017)
López-Robles, J.-R., Otegi-Olaso, J.-R., Gómez, I.P., Cobo, M.-J.: 30 years of intelligence models in management and business: a bibliometric review. Int. J. Inf. Manage. 48, 22–38 (2019)
Oxford Dictionary: Intelligence. In: Oxford Dictionary (2014)
Rownd, M., Heath, C.: The American marketing association releases new definition for marketing. AMA, Chicago, Il (2008)
Association, A.M.: Customer definition. In: AMA Dictionary. (2015)
Erevelles, S., Fukawa, N., Swayne, L.: Big data consumer analytics and the transformation of marketing. J. Bus. Res. 69(2), 897–904 (2016)
Baesens, B., Bapna, R., Marsden, J.R., Vanthienen, J., Zhao, J.L.: Transformational issues of big data and analytics in networked business. MIS Q. 40(4) (2016)
LaValle, S., Lesser, E., Shockley, R., Hopkins, M.S., Kruschwitz, N.: Big data, analytics and the path from insights to value. MIT Sloan Manage. Rev. 52(2), 21 (2011)
Fan, S., Lau, R.Y.K., Zhao, J.L.: Demystifying big data analytics for business intelligence through the lens of marketing mix. Big Data Res. 2(1), 28–32 (2015). https://doi.org/10.1016/j.bdr.2015.02.006
Frow, P., Nenonen, S., Payne, A., Storbacka, K.: Managing co-creation design: a strategic approach to innovation. Br. J. Manage. 26(3), 463–483 (2015)
Verleye, K.: The co-creation experience from the customer perspective: its measurement and determinants. J. Serv. Manage. 26(2), 321–342 (2015)
Rao, T.R., Mitra, P., Bhatt, R., Goswami, A.: The big data system, components, tools, and technologies: a survey. Knowl. Inf. Syst. Manage. 1–81 (2018)
Yohn, D.L.: 6 ways to build a customer-centric culture. Havard Bus. Rev. (2018)
Ramaswamy, V., Ozcan, K.: Digitalized interactive platforms: turning goods and services into retail co-creation experiences. NIM Mark. Intell. Rev. 11(1), 18–23 (2019)
Rawson, A., Duncan, E., Jones, C.: The truth about customer experience. Harvard Bus. Rev. (2013)
Amado, A., Cortez, P., Rita, P., Moro, S.: Research trends on big data in marketing: a text mining and topic modeling based literature analysis. Eur. Res. Manage. Bus. Econ. 24(1), 1–7 (2018). https://doi.org/10.1016/j.iedeen.2017.06.002
McCarthy, E.J., Shapiro, S.J., Perreault, W.D.: Basic Marketing. Irwin-Dorsey (1979)
Burrell, L.: Co-creating the employee experience. Harvard Bus. Rev. (2018)
Oertzen, A.-S., Odekerken-Schröder, G., Brax, S.A., Mager, B.: Co-creating services—conceptual clarification, forms and outcomes. J. Serv. Manage. 29(4), 641–679 (2018)
Rashid, Y., Waseem, A., Akbar, A.A., Azam, F.: Value co-creation and social media. Eur. Bus. Rev. (2019)
Ngai, E.W.T., Xiu, L., Chau, D.C.K.: Application of data mining techniques in customer relationship management: a literature review and classification. Expert Syst. Appl. 36(2), 2592–2602 (2009). https://doi.org/10.1016/j.eswa.2008.02.021
Dam, N.A.K., Le Dinh, T.: A literature review of recommender systems for the cultural sector. In: Paper presented at the Proceedings of the 22nd International Conference on Enterprise Information, Czech Republic (2020)
Lemon, K.N., Verhoef, P.C.: Understanding customer experience throughout the customer journey. J. Mark. 80(6), 69–96 (2016)
Dam, N.A.K., Le Dinh, T., Menvielle, W.: A systematic literature review of big data adoption in internationalization. J. Mark. Anal. 7(3), 182–195 (2019). https://doi.org/10.1057/s41270-019-00054-7
Siggelkow, N., Terwiesch, C.: The age of continuous connection. Harvard Bus. Rev. (2019)
Maechler, N., Neher, K., Park, R.: From touchpoints to journeys: Seeing the world as customers do. Retrieved 18 Mar 2017 (2016)
Halvorsrud, R., Kvale, K., Følstad, A.: Improving service quality through customer journey analysis. J. Serv. Theor. Pract. (2016)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 Springer Nature Switzerland AG
About this paper
Cite this paper
Dam, N.A.K., Le Dinh, T., Menvielle, W. (2021). Key Aspects of Customer Intelligence in the Era of Massive Data. In: Nguyen, N.T., Chittayasothorn, S., Niyato, D., Trawiński, B. (eds) Intelligent Information and Database Systems. ACIIDS 2021. Lecture Notes in Computer Science(), vol 12672. Springer, Cham. https://doi.org/10.1007/978-3-030-73280-6_21
Download citation
DOI: https://doi.org/10.1007/978-3-030-73280-6_21
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-73279-0
Online ISBN: 978-3-030-73280-6
eBook Packages: Computer ScienceComputer Science (R0)