Understanding The Nature Of Marketing Analytics In Ghana: A Case Study Of Multinational Firms

ABSTRACT

Over the years, marketing analytics had surfaced as a third component of the marketing

research, considered on equal footing with quantitative and qualitative research. While the

process is not new, its implementation and uses today are always changing, in an

environment where consumers are evolving, hence the need for marketers to gather as much

relevant information on the customer as is practically and ethically possible. This study thus

investigated the nature of marketing analytics in multinational organisations in Ghana.

Utilising a qualitative research approach, the researcher adopted a case study strategy, semistructured

interview, and a purposive sampling technique to sample four multinational

organisations in Ghana. Three research questions were investigated. With the use of a

thematic analysis, key findings for the study were discovered. Objective one, which

explored the purpose and usage of analytics, it was revealed that marketing analytics was

used mainly for promotion by the organisations. Additionally, it was discovered that the use

of analytics was still developing in most organisations. The next objective was to identify

factors which influence the organisation’s use of analytics. Two major finding revealed here

were that the type of organisation and competition were key factors affecting the use of

analytics in marketing. Finally, the study’s objective three sought to investigate the success

and challenges associated with the use of marketing analytics and discovered that successes

included effective tracking of marketing performance and campaigns while some challenges

arose from dealing with third party organisation or lack of employee knowledge with the

use of various marketing analytics software/tools. The study recommends that organisations

develop a culture centred around the use of marketing analytics while there must be training

for employees in order to better utilise analytical software/tool

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APA

EDWIN, D (2021). Understanding The Nature Of Marketing Analytics In Ghana: A Case Study Of Multinational Firms. Afribary. Retrieved from https://afribary.com/works/understanding-the-nature-of-marketing-analytics-in-ghana-a-case-study-of-multinational-firms

MLA 8th

EDWIN, DZANDU "Understanding The Nature Of Marketing Analytics In Ghana: A Case Study Of Multinational Firms" Afribary. Afribary, 09 Apr. 2021, https://afribary.com/works/understanding-the-nature-of-marketing-analytics-in-ghana-a-case-study-of-multinational-firms. Accessed 07 Oct. 2024.

MLA7

EDWIN, DZANDU . "Understanding The Nature Of Marketing Analytics In Ghana: A Case Study Of Multinational Firms". Afribary, Afribary, 09 Apr. 2021. Web. 07 Oct. 2024. < https://afribary.com/works/understanding-the-nature-of-marketing-analytics-in-ghana-a-case-study-of-multinational-firms >.

Chicago

EDWIN, DZANDU . "Understanding The Nature Of Marketing Analytics In Ghana: A Case Study Of Multinational Firms" Afribary (2021). Accessed October 07, 2024. https://afribary.com/works/understanding-the-nature-of-marketing-analytics-in-ghana-a-case-study-of-multinational-firms