Principle of Marketing Report, UNM, Malaysia Today’s marketers are also using sophisticated analytical techniques to track consumers’ digital movements and to build
University | University of Nottingham Malaysia (UNMC) |
Subject | Principle of Marketing |
Today’s marketers are also using sophisticated analytical techniques to track consumers’ digital movements and to build amazingly detailed customer profiles containing highly personal information. Such profiles can then be used to hyper-target individual consumers with personalized brand messages and offers. However, with such targeting, marketers often walk a fine line between serving customers better and stalking them:
How well does your smartphone know you? What stories could your laptop tell? In truth, your digital devices probably know more about you than you know about yourself. Smartphones and other digital equipment have become fundamental extensions of our lives. Whatever you do—at work, at play, socializing, shopping—your phone, tablet, laptop, or desktop is almost always a part of the action.
Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.
These devices go where you go, entertain you, connect you with friends, take you browsing and shopping, feed you news and information, and listen in on even your most intimate voice, text, and email conversations. And more and more, these devices are sharing all that personal information with marketers. Companies have now developed sophisticated new ways that border on wizardry to extract intimate insights about consumers. For brands and marketers, such information is pure gold.
Marketers argue that using all of this up-close-and-personal information better serves both customers and the company. Customers receive tailored, relevant information and offer from brands that really understand and interest them. However, many consumers and privacy advocates are concerned that such intimate information in the hands of unscrupulous marketers could result in more harm than benefit to consumers.
They often view big data and hyper-targeting less as “getting to know consumers better to serve them better” and more as “stalking” consumers and “profiling” them. Although most consumers are willing to share some personal information if it means getting better service or deals, many consumers worry that marketers might go too far.
Stuck in Completing this Assignment and feeling stressed ? Take our Private Writing Services.
Get Help By Expert
Looking for Assignment Assistance in Malaysia? Assignment Helper My is your reliable partner for academic success. Get expert guidance and support for your Principle of Marketing report at the University of Nottingham Malaysia (UNMC). Our experienced writers will ensure your report is comprehensive, well-researched, and meets the highest academic standards. Besides this, you also hire our experts for best Online Exam Help.
Recent Solved Questions
- MPA10203: Operation Management Assignment, UTHM, Malaysia Choose a local company that manufactures products or provides services
- BBMP1103: Specify a set of number of : positive odd integer which less than 10: Mathematics For Management Assignment, OUM, Malaysia
- HMEF5113 Statistics For Educational Research Assignment, OUM, Malaysia Students in the experimental group learned via the use of VLE while those in the control group learned under the conventional
- LGP7024: “Article 121(1A) “does not oust the jurisdiction of the civil courts nor does it confer judicial power on the Syariah Courts”: Malaysian Legal System Assignment, VUS, Malaysia
- Engineering Computation and Analysis with MATLAB Assignment Malaysia
- BBF305/03: Investment and Portfolio Management Assignment, WOU, Malaysia Evaluate the three mutual funds using Sharpe and Treynor measure and Given the risk-free rate is 5%
- PT00103: FAKULTI PSIKOLOGI DAN PENDIDIKAN Assignment, UMS, Malaysia Falsafah merupakan satu cabang ilmu yang bukan sahaja penting dalam bidang kajian sains tetapi juga dalam bidang kerohanian
- MPU3412 : Community Service Assignment, OUM, Malaysia Writing a Reflective Journal about the Community Work .
- ACW410: Integrated Case Study, USM, Malaysia The airport is a publicly listed company that renders airport-related services in a Southeast Asian Country
- HBET1103: Introduction to General Linguistics Assignment, OUM, Malaysia Writers create rules that supposedly apply to all human communication, but these rules are often proven to be not universal