THE INTERNET OF THINGS AS THE TECHNOLOGICAL BASIS OF THE DIGITAL MARKETING PARADIGM
Abstract
The historical aspects of the emergence of the Internet of Things concept have been analyzed and its substantive features have been revealed. Issues regarding its role in the development of digital marketing practices and in ensuring hyper-personalization of marketing communications have been considered. Problems of implementing the Internet of Things into the digital marketing system have been identified, in particular, related to the shortage of specialists with appropriate technical competencies, limited funding, ineffective integration with the marketing information system, and the complexity of ensuring the confidentiality of device data. A classification of devices for digital marketing practices has been developed based on the ability to analyze consumer behavior and the level of activity. In particular, in the context of IoT research, devices for implementing digital marketing practices have been divided into four groups: stationary one-way communication reader devices that record only the physical activity of consumers; stationary and wearable devices with one-way communication for identifying digital activity; stationary and wearable reader devices with feedback, integrated into systems for influencing consumer behavior; stationary and wearable devices that provide both recording of consumer activity in the digital space and influencing their behavior through installed programs. A general model for implementing the Internet of Things concept in digital marketing has been presented, within which devices provide analysis of physical and digital consumer behavior through data collection, exchange data between devices and transfer them to the marketing information system. The main and secondary advantages of the technology have been systematized. The main advantage of IoT for digital marketing has been defined as ensuring hyper-personalization of marketing communications in order to increase the efficiency of consumer attraction and retention processes. The impact of the Internet of Things concept on the transformation of the scientific principles of marketing has been studied.
References
2. Abashidze I., Dąbrowski M. Internet of things in marketing: opportunities and security issues. Management Systems in Production Engineering. 2016. No 4 (24). P. 217-221.
3. Armyanova M. IoT Influence in Digital Marketing. Marketing and strategic planning in digital world. International Scientific Conference. София : ИЗДАТЕЛСКИ КОМПЛЕКС – УНСС, 2023. C. 91-99.
4. Bădică A. L., Mitucă M. O. IOT Enhanced digital marketing conceptual framework. BRAIN. Broad Research in Artificial Intelligence and Neuroscience. 2021. Vol. 12 (4). P. 509-531.
5. Jeremy Norman’s. Kevin Ashton Invents the Term “The Internet of Things”. 1999. Exploring the History of Information and Media through Timelines. URL: https://www.historyofinformation.com/ detail.php?id=3411.
6. Miskiewicz R. Internet of things in marketing: bibliometric analysis. Marketing and management of innovations. 2020. Vol. 3. P. 371-381.
7. Moradi M. Importance of Internet of Things (IoT) in marketing research and its ethical and data privacy challenges. Business Ethics and Leadership. 2021. Vol. 5 (1). P. 22-30.
8. Narayan G., Jain P., Jakhar R., Kaur M., Riyazahamed K. A Theoretical and empirical integration of internet of things and digital marketing: opportunities issues and challenges. Journal of Informatics Education and Research. 2024. Vol. 4. Iss. 3. P. 3114-3124.
9. Okorie N.G.N., Udeh N.C.A., Adaga N.E.M., DaraOjimba N.O.D., Oriekhoe N.O.I. Digital marketing in the age of IOT: a review of trends and impacts. International Journal of Management & Entrepreneurship Research. 2024. Vol. 6(1). P. 104-131.
10. Priyanka J., Nathan S. K., Laddhu S., Bung P., Yashashwini A., Dhawade A. P. A theoretical and empirical investigation on internet of things and digital marketing; opportunities, issues and challenges. Educational Administration: Theory and Practice. 2024. 30(4). P. 7518-7523.
11. Shouvik S., Kalimuthu М., Thangaraja A., Aruna R., Balaji J., Ajitha S., Chandan Ch., Dhanabalan T., Sendhilkumar M., Shasikala P. Chapter 7. Internet of Things and Its Relevance to Digital Marketing. Opportunities and Challenges of Industrial IoT in 5G and 6G Networks. IGI Global, 2023. P. 138-154.