A common data representation model for customer behavior tracking

Main Article Content

Nicolas Martin Casariego Sarasquete

Abstract

Customer behavior has drastically changed in recent years. Being able to anticipate your customer’s’ behavior is the holy grail for every business leader. Now we are able to track and store part of the observed customer behavior, thanks to digital transformation processes, social networks adoption, cloud infrastructure and big data technology availability. This observed behavior is made up of repetitive transactions and recurring purchases, as well as navigation and interactions through digital properties, channels, devices, applications and social networks. The present article establishes the foundation for a common data representation model of tracked customer behavior. With this data model in place, organizations will be able to represent any given customer-centric business model allowing to analyze the most popular marketing problems: like segmentation, cross-selling, retention, etc. Also most popular analytic and predictive software tools could be used for consumer behavior storage and analysis.

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Article Details

Section

Monograph

Author Biography

Nicolas Martin Casariego Sarasquete, IE

Adjunct Professor
(IE Business School)
Co-Director of Customer Analytics Farm
(IE School of Human Sciences & Technology)

How to Cite

Casariego Sarasquete, N. M. (2017). A common data representation model for customer behavior tracking. Journal ICONO 14, 15(2), 55-91. https://doi.org/10.7195/ri14.v15i2.1078

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