823666
doi
10.5281/zenodo.823666
oai:zenodo.org:823666
user-eu
Meyer-Waarden, Lars
Munzel, Andreas
Zablah, Alex R.
Straub, Detmar W.
USE OF BIG DATA ANALYTICS FOR CUSTOMER RELATIONSHIP MANAGEMENT: POINT OF PARITY OR SOURCE OF COMPETITIVE ADVANTAGE?
Suoniemi, Samppa
info:eu-repo/semantics/openAccess
Creative Commons Attribution 4.0 International
https://creativecommons.org/licenses/by/4.0/legalcode
big customer data
data analytics
customer relationship management (CRM)
market information use theory
information quality (IQ)
organizational culture
competitive advantage
<p>Customer information plays a key role in managing successful relationships with valuable customers. Big data customer analytics use (CA use), i.e., the extent to which customer information derived from big data analytics guides marketing decisions, helps firms better meet customer needs for competitive advantage.</p>
<p> </p>
<p>This study addresses three research questions:</p>
<p>1. What are the key antecedents of big data customer analytics use?</p>
<p>2. How, and to what extent, does big data customer analytics use influence firm performance?</p>
<p>3. Is competitive advantage, if any, achieved through big data customer analytics use contingent upon its prevalence within an industry?</p>
<p> </p>
<p>Drawing primarily from market information use theory, we advance a theoretical framework to examine how informational and organizational factors act to enhance big data customer analytics use, which in turn influences customer relationship and financial performance. More specifically, we identify and show how information quality (IQ), big data analytics culture, and customer orientation act as key antecedents of big data customer analytics use, which in turn is the critical mechanism to achieve superior CRM outcomes. Finally, we investigate whether the performance implications of big data customer analytics use vary depending on the prevalence of big data customer analytics use in the firm’s industry.</p>
<p> </p>
<p>Empirical findings from a survey of 301 senior marketing executives, representing large US-based firms in B2C industries, support our conceptualization of the performance outcomes and antecedents of CA use. First, the results highlight that the characteristics of the customer information (IQ) and the characteristics of the user organization (customer orientation and big data analytics culture) strongly predict CA use. The findings also reveal the relative importance of different customer information characteristics to marketing decision-makers. Second, the results confirm CA use as a key predictor of firm performance, and more specifically, that big data customer analytics use primarily influences financial performance indirectly via customer relationship performance. Third, this study suggests that the performance impacts of CA use are highly contingent on its prevalence among industry rivals.</p>
Zenodo
2017-07-06
info:eu-repo/semantics/workingPaper
823665
user-eu
award_title=BIg DAta-driven MARKeting for better competitiveness; award_number=658789; award_identifiers_scheme=url; award_identifiers_identifier=https://cordis.europa.eu/projects/658789; funder_id=00k4n6c32; funder_name=European Commission;
1579531948.370175
1270858
md5:143eb54b4f10f71a44836e8bee461ed2
https://zenodo.org/records/823666/files/Customer analytics use paper.pdf
public
10.5281/zenodo.823665
isVersionOf
doi