The Role ofBig Data in Decision-
Making and Marketing
Presented By : Group One
2.
• Big Dataconsists of large, complex data
sets that require advanced tools for
processing.
• It involves collecting, storing, and analyzing
structured and unstructured data from
sources like social media, transactions,
sensors, and online interactions.
What is it?
3.
1. Real-Time DecisionMaking – Enables
businesses to react quickly to market changes
using live data streams.
2. Data-Driven Insights – Helps organizations
make informed choices based on patterns and
trends rather than intuition.
Big data in decision–
making
4.
1. Customer Personalization– Analyzes
customer behavior to create targeted
campaigns and recommendations.
2. Predictive Analytics – Uses past data to
forecast trends and improve marketing
decisions.
Big data in marketing
5.
1. Data Privacyand Security – Protecting
sensitive information from breaches and
ensuring compliance with data regulations.
2. Data Quality and Management – Ensuring
data accuracy, consistency, and handling large
volumes effectively.
Challenges of big data
implementation
6.
• As technologyadvances, Big Data will continue to
evolve with innovations.
• AI-driven analytics will enhance predictive
modeling, while blockchain technology can
improve data security and transparency.
• Companies that embrace Big Data will have a
competitive advantage in making smarter business
decisions and delivering more effective marketing
strategies.
Future implications