Digital Marketing Strategies in the Era of Industry 4.0 in Leveraging Data to Enhance Customer Engagement

Yossy Wahyu Indrawan

Abstract


This study aims to identify and analyze effective digital marketing strategies in the era of Industry 4.0, focusing on the utilization of data to enhance customer engagement. The Fourth Industrial Revolution has significantly transformed business operations, particularly in the areas of data collection, analysis, and utilization. Using SWOT analysis, this research evaluates the strengths, weaknesses, opportunities, and threats associated with digital marketing strategies implemented by companies in this context. The SWOT analysis helps identify the internal and external factors influencing the success of digital marketing strategies, providing insights into how companies can optimally leverage data to build stronger relationships with their customers. The findings indicate that with the proper use of data, companies can enhance customer engagement through more personalized and relevant marketing approaches. However, challenges such as data security and consumer privacy remain critical concerns. The study concludes that digital marketing strategies supported by robust data analysis and a deep understanding of consumer behavior can provide a significant competitive advantage in the era of Industry 4.0 .

Keywords


Digital Marketing; Industry 4.0; SWOT Analysis;

Full Text:

PDF

References


K. Schwab, X. Sala-i-Mart’in, and others, “The global competitiveness report 2013--2014: Full data edition,” 2016.

D. Chaffey and F. Ellis-Chadwick, Digital marketing. Pearson uk, 2019.

T. Davenport and J. Harris, Competing on analytics: Updated, with a new introduction: The new science of winning. Harvard Business Press, 2017.

E. Gurl, “SWOT analysis: A theoretical review,” 2017.

K. C. Laudon and C. G. Traver, E-commerce 2019: Business, technology, society. Pearson, 2020.

P. Kotler, Marketing 4.0: Moving from Traditional to Digital. 2016.

D. J. Solove and P. M. Schwartz, Information privacy law. Aspen Publishing, 2020.

D. M. Christensen, “Corporate accountability reporting and high-profile misconduct,” Account. Rev., vol. 91, no. 2, pp. 377–399, 2016.

C. Mesjasz, “An organization on the edge of chaos: the origins of the metaphor and its impact on the theory and practice of strategic management,” Nauk. o Zarz{k{a}}dzaniu, vol. 24, no. 2, pp. 3–8, 2019.




DOI: https://doi.org/10.31334/bijak.v21i2.4335

Refbacks

  • There are currently no refbacks.


Copyright (c) 2024 Majalah Ilmiah Bijak

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

View My Stats

 

MAJALAH ILMIAH BIJAK

ISSN 1411-0830 (Media Cetak) 2621-749X (Media Online)
Email :  [email protected] / [email protected]
Website: http://ojs.stiami.ac.id/index.php/bijak/index

 

INDEKS BY: