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Revisiting customer analytics capability for data-driven retailing
Institution:2. Gordon Institute of Business Science, University of Pretoria, Pretoria, South Africa;1. Henley Business School, University of Reading, Greenlands, Henley on Thames, Oxfordshire RG9 3AU, United Kingdom;2. Toulouse Business School, 20 Boulevard Lascrosses, 31068 Toulouse, France
Abstract:Customer analytics is one of the most dominant strategic weapons in today's competitive retail environment. In spite of its strategic importance, there is scant attention to investigating customer analytics capabilities in the retail context. Drawing on a systematic literature review and thematic analysis, this study proposes a multidimensional customer analytics capability model by identifying relevant dimensions and sub-dimensions in retail settings. The principal contribution of this study is that the model links a customer analytics perspective to a resource-based view (RBV)-capability of the retailers by proposing six customer analytics capability dimensions and twelve sub-dimensions in the spectrum of market orientation and technology orientation. The customer analytics capability dimensions depict three crucial themes of marketing, such as value creation (offering capability and personalization capability), value delivery (distribution capability and communication capability), and value management (data management capability and data protection capability). By incorporating this capability dimensions, practitioners will likely be able to engage customers and enhance customer equity.
Keywords:Customer analytics capability  Data-driven retailing  Outside-in marketing  Systematic literature review  Thematic analysis
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