Harnessing IoT and geomarketing for agile marketing

Hung, Ta Huy, Pandey, Ashutosh, Mittal, Shashank and Chandel, Ajay (2024) Harnessing IoT and geomarketing for agile marketing. In: Digital Transformation Initiatives for Agile Marketing. IGI Global, pp. 167-186. ISBN 9798369344682

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Abstract

The integration of Internet of Things (IoT) and geomarketing is revolutionizing marketing strategies by providing real-time, location-based insights into consumer behavior. IoT devices, such as wearables and smart sensors, generate continuous streams of data that, when combined with geomarketing information, enable businesses to deliver highly targeted and personalized marketing messages. This synergy enhances decision-making and adaptability, allowing for swift adjustments to marketing tactics based on current consumer interactions and environmental conditions. However, the integration presents challenges related to data management, privacy concerns, and operational changes. Future trends, including advancements in artificial intelligence (AI), augmented reality (AR), and 5G technology, promise further innovations in this field. This chapter explores the transformative impact of IoT and geomarketing on agile marketing, addressing both the opportunities and challenges while highlighting emerging trends that will shape the future of data-driven marketing strategies.

Item Type: Book Section
Keywords: Internet of Things (IoT) | Geomarketing | Real-time consumer insights | Data-driven marketing | Personalization
Subjects: Social Sciences and humanities > Business, Management and Accounting > Strategy and Management
Social Sciences and humanities > Business, Management and Accounting > Marketing
Physical, Life and Health Sciences > Computer Science
Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal Global Business School
Depositing User: Dharmveer Modi
Date Deposited: 18 Oct 2024 16:14
Last Modified: 18 Oct 2024 16:14
Official URL: https://doi.org/10.4018/979-8-3693-4466-8.ch007
URI: https://pure.jgu.edu.in/id/eprint/8663

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