Abstract
Data-driven personalized marketing is crucial for enhancing user experience and increasing sales in e-commerce. This paper explores the practical applications of personalized marketing, focusing on algorithms, user behavior analysis, and associated risks. Also, the paper illustrates how data-driven personalized marketing is implemented and its impact on user engagement and sales. The collection and processing of large amounts of user data are essential for personalized marketing strategies. Various algorithms, including collaborative filtering and deep learning, are employed for personalized recommendation systems. Real-time data analysis techniques enable e-commerce companies to adjust marketing strategies rapidly. Combining information from several platforms, including social media, mobile apps, and websites helps in creating comprehensive user profiles for effective personalized marketing. Analyzing user behavior is essential to comprehending user requirements and preferences. However, there are risks and challenges associated with data-driven personalized marketing, including data privacy and compliance issues, over-personalization risks, and data quality concerns.
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More From: Advances in Economics, Management and Political Sciences
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