Year: 2025
Type: article
Abstract: Predictive analytics has transformed marketing by enabling businesses to anticipate customer behavior, refine strategies, and make more informed decisions. This paper explores the core methodologies, real-world applications, and challenges of predictive analytics in marketing, emphasizing its impact on customer segmentation, churn prediction, personalized marketing, and campaign optimization. By harnessing machine learning, statistical modeling, and big data analytics, companies can gain deeper insights that drive engagement and profitability. However, obstacles such as data accuracy, ethical considerations, and biases in algorithms present significant challenges to widespread adoption. Addressing these issues is crucial to ensuring fair and effective use of predictive analytics in modern marketing. The study concludes with actionable strategies to tackle key challenges while exploring future research opportunities, including the integration of AI and real-time analytics. It underscores the vital role of predictive analytics in enabling businesses to maintain a competitive edge in an increasingly data-driven world, shaping more effective marketing strategies and deeper customer connections.
Author: Mr. Ashish Modi
Language: English
Subfield: Marketing
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4407591895