Leveraging Data-Driven Insights to Enhance Market Share in the Media Industry
DOI:
https://doi.org/10.55544/jrasb.2.3.37Keywords:
Media industry, data analytics, market share, audience segmentation, content optimization, personalization, big data, artificial intelligence, consumer behavior, monetization strategies, competitive intelligence, data-driven culture, regulatory compliance, ROI measurement, predictive analyticsAbstract
This comprehensive research paper explores the pivotal role of data-driven insights in augmenting market share within the media industry. The study investigates various facets of data analytics, including audience segmentation, content optimization, and personalization strategies. It delves into the technological infrastructure required for effective data analysis, examines consumer behaviour insights, and discusses monetization strategies informed by data. The paper also addresses competitive intelligence, content creation and distribution, organizational culture, regulatory compliance, and future trends in media analytics. By synthesizing current research and industry practices, this study provides a roadmap for media companies to leverage data-driven approaches for sustainable growth and competitive advantage.
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