E ISSN: 2583-049X
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International Journal of Advanced Multidisciplinary Research and Studies

Volume 4, Issue 6, 2024

Advances in Cross-Industry Application of Predictive Marketing Intelligence for Revenue Uplift



Author(s): Abiodun Yusuf Onifade, Remilekun Enitan Dosumu, Abraham Ayodeji Abayomi, Oluwademilade Aderemi Agboola, Uloma Stella Nwabekee

DOI: https://doi.org/10.62225/2583049X.2024.4.6.4325

Abstract:

Predictive Marketing Intelligence (PMI) has emerged as a transformative approach that leverages advanced analytics, machine learning, and big data to anticipate consumer behaviors and optimize marketing strategies. Its cross-industry application has gained significant traction, providing businesses across sectors with actionable insights that enhance customer engagement, streamline operations, and drive substantial revenue uplift. This explores the evolution and implementation of PMI in various industries, including retail, finance, healthcare, telecommunications, and hospitality. Each sector has utilized predictive intelligence to address unique challenges ranging from personalized product recommendations in e-commerce to churn prediction in telecom and demand forecasting in travel and healthcare. A key contribution of PMI lies in its ability to unify disparate data sources such as CRM systems, web analytics, and social media activity to create dynamic customer profiles and deliver targeted, timely, and contextually relevant marketing interventions. These capabilities not only increase customer acquisition and retention but also optimize marketing spend and improve return on investment (ROI). Moreover, cross-industry analysis reveals transferable methodologies, such as behavioral segmentation and propensity modeling, which can be adapted to new contexts with significant effectiveness. This also highlights innovative case studies where PMI has yielded measurable revenue gains and operational efficiencies. While the benefits are clear, the implementation of PMI is not without challenges. Issues such as data privacy compliance, algorithmic bias, and the integration of legacy systems pose ongoing concerns. Nevertheless, emerging technologies including real-time analytics, generative AI, and edge computing are expanding the boundaries of predictive intelligence and paving the way for broader adoption. This review concludes that cross-industry application of PMI represents a critical lever for competitive advantage and sustained revenue growth. Organizations that invest in predictive capabilities and ethical data practices are well-positioned to thrive in an increasingly dynamic and customer-centric marketplace.


Keywords: Advancement, Cross-industry, Application, Predictive Marketing, Intelligence, Revenue Uplift

Pages: 2301-2312

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