Big Data Analytics and Market
Big Data Analytics and Market
https://www.emerald.com/insight/1741-0398.htm
Abstract
Purpose – Big data analytics (BDA) plays a crucial role in understanding customer behavior through
Customer Relationship Management (CRM), especially in a rapidly changing business environment. This paper
investigates the direct effect of BDA use on market performance, besides the mediating effect through Big
Data-enabled CRM strategies adoption (e.g. customization and personalization). The paper also examines the
moderating role of competitive intensity in these effects.
Design/methodology/approach – Drawing from a knowledge-based view (KBV) and Organizational
Information Processing Theory (OIPT), the authors formulated the research model. Subsequently, the
measurement model and hypotheses were tested through PLS-SEM on online survey data of 229 managers
from 167 companies out of Egypt’s top 500.
Findings – The results indicated that BDA use does not directly affect the market performance, but this effect
was significant through customization and personalization strategies adoption. The results also revealed a
positive association between BDA use and the adoption of these strategies. Furthermore, competitive intensity
only moderates the relationship between BDA use and personalization strategy adoption.
Research limitations/implications – Companies can use BDA to improve customer knowledge and
experience through customization and personalization, leading to better market performance and moving
towards becoming a Big Data-driven organization. This study is limited to companies in the Egyptian context,
which restricts the generalizability of the results.
Originality/value – This study conceptually and empirically explores how BDA usage, customization and
personalization strategies impact market performance under competitive intensity situations, especially in the
context of emerging markets.
Keywords BDA use, Market performance, Customer relationship management (CRM),
Customization strategy, Personalization strategy, Big data-enabled CRM
Paper type Research paper
1. Introduction
Thanks to unprecedented advances in industry 4.0 technologies, big data analytics (BDA) has
transformed the rules of corporate competition by providing new methods for extracting
latent patterns and powerful insights from data for use in making informed decisions about
customer relationship management (CRM), increasing productivity and performance
improvement (Garmaki et al., 2023; Maroufkhani et al., 2020; Hallikainen et al., 2020; Gupta
et al., 2019; Muller et al., 2018). In the current business environment, enormous and varied data
about products or services, customers, employees and suppliers are generated continuously
from various sources such as transaction systems, sensors, social networks, etc (Zhu et al.,
2021; Ghasemaghaei, 2018). Contemporary organizations use BDA to gain a competitive
Journal of Enterprise Information
advantage by delivering superior value to customers in a dynamic business environment Management
(Olabode et al., 2022; Hossain et al., 2021), not only for a better understanding of its internal Vol. 36 No. 6, 2023
pp. 1727-1749
operations but also to sense market opportunities and threats through strengthening CRM © Emerald Publishing Limited
1741-0398
(Nam et al., 2019). DOI 10.1108/JEIM-04-2022-0114
JEIM Some researchers have argued that using BDA is not an easy task. Some empirical
36,6 evidence has indicated that companies have not been able to achieve the expected outcomes
from implementing BDA (Kastouni and Lahcen, 2020) and that not all companies investing in
BDA can improve their performance (Ghasemaghaei, 2018; Akter et al., 2016). Additionally,
managers and practitioners still lack tools and sufficient knowledge of how to employ and
benefit from Big Data (BD) in attaining a market advantage (Hallikainen et al., 2020).
Management researchers have argued that achieving business value depends on the extent to
1728 which BDA is actually utilized in business activities along with the organization’s ability to
use it to raise their promising benefits in improving multiple types of performance like
operational (Gupta et al., 2019; Gunasekaran et al., 2017; Wamba et al., 2017; Xu et al., 2016),
financial (Maroufkhani et al., 2020; Mikalef et al., 2019; Raguseo and Vitari, 2018; Huang et al.,
2018), competitive (Tchuente and El Haddadi, 2023), innovation (Ghasemaghaei and Calic,
2020), decision-making (Shamim et al., 2020) and marketing performance (Gupta et al., 2021).
Other studies have considered BDA as a determinant of market performance by enabling
organizations to identify potential market opportunities, identify appropriate and profitable
market segments and develop new products/services (Olabode et al., 2022; Xu et al., 2016;
Wamba et al., 2015).
In the internal context, a company’s decision may influence its business strategy about
using BDA to support market performance and could be affected by external conditions, such
as the industry environment, where companies are devoting incremental efforts to use BDA
to sustain business strategy given competition pressures (Zhang et al., 2020). BD is an enabler
of business process innovation and a new form of value creation due to its peculiarities and
unprecedented potential to transform customer-facing industries that discover the concealed
value of data and integrate it into CRM strategies (Wamba et al., 2015). This emerging
research stream is known as Big data-enabled CRM (Hallikainen et al., 2020; Taleb et al., 2020;
Anshari et al., 2019; Zerbino et al., 2018). To refer to the BD integrating practices into
corporate CRM implementation to provide value to customers and enable managers and
decision-makers to maintain effective CRM to achieve a competitive advantage over their
rivals (Taleb et al., 2020).
Companies seek to use strategies that provide them with an improved customer
experience at lower associated costs. This trend was supported by a new wave of CRM
strategies, such as customization and personalization, to help companies understand their
current and potential customers for usual practices and thus provide activities that persuade
them to make decisions and complete transactions (Qi et al., 2020; Anshari et al., 2019). This
makes it imperative for companies to do their best to obtain meaningful insights where
traditional approaches are no longer feasible (Dubey et al., 2019). Corporate endeavors to
adopt this new wave of strategies raise several important questions for marketers and
operation managers: What is the most suitable product/service for a particular market? How
can this product/service be promoted? How can better services be provided to customers that
satisfy their needs and develop their loyalty? Given these ideas and questions, the use of BDA
to support CRM strategies and market performance has become a fertile field on both the
theoretical and empirical levels (Del Vecchio et al., 2022). Extant literature lacks empirical
evidence on these issues, especially in a developing country context, and of course, Egypt is
no exception. The current study focuses on the following research questions:
RQ1. How does BDA enable companies to adopt CRM strategies and thus improve their
market performance?
RQ2. How do big data-enabled CRM strategies affect market performance?
RQ3. To what extent can competitive intensity modify these relationships?
To answer these questions, the study examines the impact of BDA use on BD-enabled CRM BDA and data-
strategies adoption (e.g. customization and personalization). Furthermore, the study suggests driven CRM
that competitive intensity, as an external factor, is a significant element in driving or impeding
BDA utilization in improving market performance or CRM strategies adoption. This study
strategies
contributes to the existing literature in several ways as follows: Firstly, the study builds on the
knowledge-based view (KBV) by considering BDA as a knowledge resource that relies on BD,
as well as Organizational Information Processing Theory (OIPT) to provide meaningful
insights for managers to look for achieving better returns on BDA investment in a highly 1729
competitive market, like in the environment of Egypt as an emerging economy, and how to
maximize the outcomes of this investment. Secondly, When using BDA, the traditional CRM
strategies are no longer appropriate. In one respect, this study provides empirical evidence
about the role of BDA in supporting BD-enabled CRM strategies. Then, the impact of these
strategies on improving the market performance. These two issues have not been empirically
discussed so far in prior literature. Thirdly, the relationship between BD-enabled customization
and personalization strategies and firm performance has been operationalized in existent
literature based on conceptual and theoretical outlines by focusing on systematic literature
reviews (Varadarajan, 2020; Saidali et al., 2019; Anshari et al., 2019) or through frameworks and
case studies (Gupta and Ramachandran, 2021; Kastouni and Lahcen, 2020; Kunz et al., 2017) or
depending alternatively on some sub-dimensions such as CRM performance and CRM
capabilities (Tchuente and El Haddadi, 2023). Hence, this study as far as we know is among the
earliest empirical studies to scrutinize this relationship in one moderated-mediation model.
Finally, while previous literature has addressed a range of environmental factors in the BDA
context, there is still a scarcity of knowledge about whether competitive intensity conditions
affect the value generated by BDA in promoting the adoption of customization, personalization
strategies and market performance. Therefore, the study attempts to provide empirical support
for those influences, particularly since previous research has not yet revealed whether
companies can extract and apply new knowledge to implement CRM strategies and improve
market performance and under what conditions.
The remainder of this paper is ordered as follows: Section 2 reviews the theoretical
background in preparation for hypotheses development, Section 3 discusses the study
methodology and data collection, Section 4 presents the results of the structural model,
hypothesis testing and the result discussion, finally the study concludes in Section 5 through
theoretical, managerial implications and future research directions.
Market
BDA use Performance 1731
Personalization
H1
H8a
H8b
H8c
Direct effect
Competitive
Mediating & Moderating effect
Intensity Figure 1.
Research model
Source(s): Author’s work
techniques such as data mining, data visualization and business intelligence depending on
statistical methods, prediction, database querying and data warehouses (Maroufkhani et al.,
2020; Tykheev, 2018). Technologies related to BDA fall into three main categories: (1) Basic
database technologies: for collecting, handling and storing big data like NoSQL databases and
open-source Big data frameworks (e.g. Hadoop, Spark); (2) advanced data analytics solutions:
to create valuable insights such as predictive analytics, social media analytics and stream
analytics and (3) Data visualization: to generate custom reports (Zhu et al., 2021; Muller et al.,
2018). BDA provides a comprehensive framework for data analytics using Descriptive,
Diagnostic, Predictive and Prescriptive analysis models for business decision-making and
strategies that leverage cloud computing and AI technologies to create predictions and
improve numerous customer activities. Thus, companies can use and implement them
through a myriad of data from the entire buying journey of each customer to generate
business value (Kunz et al., 2017).
3. Methodology
The study adopted the deductive approach and quantitative methods to test the hypotheses.
Specifically, the partial least square-structural equation modeling (PLS-SEM) was used
through the Smart PLS package (3.3.9) to perform the necessary analyses (Ringle et al., 2015).
PLS is suitable for this study because it allows simultaneous estimation of multiple
relationships between manifold independent variables and one or more dependent variables
(Hair et al., 2016). PLS is a variance-based modeling technique that allows for: (1) flexibility
with assumptions of a multivariate normal distribution; (2) efficient use of reflective and
JEIM formative constructs; (3) the ability to analyze complex models using small samples and
36,6 reduce measurement error; (4) more robust estimation of structural constructs and (5)
potential use as a predictive tool for building theory, which is one of the commonly used
methods in management and business research to estimate complex relationships between
constructs (Mikalef et al., 2020). Figure 2 summarizes the flow of the research process.
and dependent variables difficult. We also performed Harman’s single factor test, which is
one of the most popular CMB tests, and the first factor explained 37.40% of the total variance,
which is less than 50%, and therefore CMB is not a critical issue in this study (Podsakoff
et al., 2003).
Variable 1 2 3 4 5
Variable 1 2 3 4 5
1- BDA Use
2- Cust. Str. Adop 0.684
3- Pers. Str. Adop 0.648 0.605 Table 4.
4- Comp. intensity 0.730 0.743 0.680 Discriminant validity
5- Market perf 0.700 0.815 0.780 0.700 (Hetrotrait-Monotrait
Source(s): Author’s own calculation ratio HTMT)
Figure 3.
Structural model of
PLS analysis
JEIM Path coefficients t- p- Confidence intervals bias-
36,6 Path/hypotheses (β) statistics value corrected Result
Figure 4.
Interaction effect on
Customization strategy
adoption
Source(s): Author’s work
adoption (β 5 0.216, t 5 2.513, p < 0.012). Figure 6 demonstrates this relationship which
shows that when the use of BDA is higher, the curve shows an upward trend. The structural
model indicates 48.4% of the variance in customization strategy adoption (R2 5 0.484), 45.4%
of the variance in personalization strategy adoption (R2 5 0.454) and 66.9% of the variance in
market performance (R2 5 0.669). These coefficients of determination represent medium to
large predictive power (Hair et al., 2016). The structural model was evaluated by considering
the effect size (f2), which allows for assessing the contribution of exogenous constructs to the
endogenous variable R2, and also shows the effect size of each independent variable on the
dependent variable. The f2 values in the model ranged between (0.025–0.266), which lies
BDA and data-
driven CRM
strategies
1741
Figure 5.
Interaction effect on
market performance
Figure 6.
Interaction effect on
personalization
strategy adoption
between the average effect sizes (0.15–0.35) (Hair et al., 2016). Concerning the predictive
relevance of the model, the Q2 values of the study variables ranged (CUST 5 0.361;
PERS 5 0.353; Market Perf 5 0.290), all of which are greater than zero indicating a good
predictive validity of the model (Hair et al., 2016; Peng and Lai, 2012).
5. Conclusion
This paper contributes to empirically researching the link between BDA use, BD-enabled
CRM strategy and market performance besides the moderating role of competitive intensity
in these relationships. The study outcomes provide a comprehensive view of how companies
can benefit from BDA in building innovative CRM strategies that permit the creation of
dialogue-oriented organizations to enhance market performance. The study emphasizes the
importance of companies consciously analyzing the conditions of competition that urge them
to make more efforts to exploit BDA’s insights in providing personalized offers to customers
to achieve a competitive advantage.
5.1 Theoretical implications BDA and data-
Regarding the gaps pinpointed in the literature, this study enriches the current literature driven CRM
through several implications:
First, This study extends recent literature in the context of KBV by providing evidence
strategies
about the positive effect of using BDA as a strategic knowledge resource on customization
and personalization strategies adoption, which considered facilitating mechanisms for
improving market performance. The study contributes in the context of OIPT on the
importance of processing customer information and converting it into knowledge to make 1743
informed decisions that help respond to environmental disruptions to achieve a better
understanding of the ever-changing customer needs. Second, This study contributes to the
marketing and strategic management literature by deepening understanding of the
relationship between BDA use, BD-enabled CRM and market performance by merging two
separate research streams concerning the impact of BDA on business performance and data-
driven CRM. Although these topics have been addressed separately in the literature, their
interrelationships have not previously been explored and analyzed. Third: The study
enhances researchers’ knowledge of BD-enabled CRM as an emerging research stream and its
innovative strategies (e.g. customization and personalization) by providing evidence about
the positive role of adopting these strategies in improving market performance to help
companies manage customer details instead of the current studies that discussed the
capabilities and performance of CRM. Fourth: the results of this study also enrich the
literature on the limited academic discussions about the moderating role of competitive
intensity (Olabode et al., 2022; Hossain et al., 2021), which characterizes the contemporary
business environment in the relationship between BDA use and personalization strategy
adoption in particular. This latter strategy may depend on the conditions of competition in
the markets, as such, the more competitive intensity, the more companies will be interested in
adopting this strategy. Finally: in light of the discrepancy between the results of this study
and their counterparts of similar studies in developed economies, raising these issues and the
empirical evidence associated with them is considered a meaningful contribution in the
context of the emerging markets environments, specifically, the Egyptian business
environment.
Note
1. Egypt Business Directory (EBD) is an online directory of Egyptian organizations from various
sectors and industries, with company profiles, tenders, press releases, jobs and management news.
For more details see www.egypt-business.com
References
Akter, S., Wamba, S.F., Gunasekaran, A., Dubey, R. and Childe, S.J. (2016), “How to improve firm
performance using big data analytics capability and business strategy alignment?”,
International Journal of Production Economics, Vol. 182, pp. 113-131, doi: 10.1016/j.ijpe.2016.
08.018.
Albashrawi, M. and Motiwalla, L. (2019), “Privacy and personalization in continued usage intention of
mobile banking: an integrative perspective”, Information Systems Frontiers, Vol. 21,
pp. 1031-1043.
Anshari, M., Almunawar, M.N., Lim, S.A. and Al-Mudimigh, A. (2019), “Customer relationships BDA and data-
management and big data enabled: personalization and customization of services”, Applied
Computing and Informatics, Vol. 15, pp. 94-101. driven CRM
Awan, U., Shamim, S., Khan, Z., Zia, N.U., Shariq, S.M. and Khan, M.N. (2021), “Big data analytics
strategies
capability and decision-making: the role of data-driven insight on circular economy
performance”, Technological Forecasting and Social Change, Vol. 168 No. 120766, pp. 1-12,
doi: 10.1016/j.techfore.2021.120766.
Camilleri, M.A. (2018), “Market segmentation, targeting and positioning (Ed.)”, Travel marketing, 1745
Tourism Economics and the Airline Product: An introduction to Theory and Practice, 1st ed.,
Springer Cham, pp. 69-83, doi: 10.1007/978-3-319-49849-2.
Cao, G. and Tian, N. (2020), “Enhancing customer-linking marketing capabilities using marketing
analytics”, Journal of Business and Industrial Marketing, Vol. 35 No. 7, pp. 1289-1299.
Chatterjee, S., Rana, N.P., Tamilmani, K. and Sharma, A. (2021), “The effect of AI-based CRM on
organization performance and competitive advantage: an empirical analysis in the B2B
context”, Industrial Marketing Management, Vol. 97 No. 2021, pp. 205-219.
Chen, S. (2021), “Analysis of customization strategy for E-Commerce operation based on Big Data”,
Wireless Communications and Mobile Computing, Vol. 2021, pp. 1-11, doi: 10.1155/2021/
6626480.
Ciampi, F., Demi, S., Magrini, A., Marzi, G. and Papa, A. (2021), “Exploring the impact of big data
analytics capabilities on business model innovation: the mediating role of entrepreneurial
orientation”, Journal of Business Research, Vol. 123, pp. 1-13.
Corte-Real, N., Ruivo, P. and Oliveira, T. (2020), “Leveraging internet of things and big data analytics
initiatives in European and American firms: is data quality a way to extract business value?”,
Information and Management, Vol. 57 No. 1, 103141, doi: 10.1016/j.im.2019.01.003.
Del Vecchio, P., Mele, G., Siachou, E. and Schito, G. (2022), “A structured literature review on Big Data for
customer relationship management (CRM): toward a future agenda in international marketing”,
International Marketing Review, Vol. 39 No. 5, pp. 1069-1092, doi: 10.1108/IMR-01-2021-0036.
Dubey, R., Gunasekaran, A., Childe, S.J., Papadopoulos, T., Luo, Z., Wamba, S.F. and Roubaud, D. (2019),
“Can big data and predictive analytics improve social and environmental sustainability?”,
Technological Forecasting and Social Change, Vol. 144, pp. 534-545, doi: 10.1016/j.techfore.2017.
06.020.
Erevelles, S., Fukawa, N. and Swayne, L. (2016), “Big Data consumer analytics and the transformation
of marketing”, Journal of Business Research, Vol. 69 No. 2, pp. 897-904.
Fornell, C. and Larcker, D.F. (1981), Structural Equation Models with Unobservable Variables and
Measurement Error: Algebra and Statistics, SAGE Publications Sage CA, Los Angeles, CA.
Garmaki, M., Gharib, R.K. and Boughzala, I. (2023), “Big data analytics capability and contribution to
firm performance: the mediating effect of organizational learning on firm performance”, Journal
of Enterprise Information Management, Vol. 36 No. 5, pp. 1161-1184.
Ghasemaghaei, M. (2018), “Improving organizational performance through the use of big data”,
Journal of Computer Information Systems, Vol. 60 No. 2, pp. 1-14.
Ghasemaghaei, M. and Calic, G. (2020), “Assessing the impact of big data on firm innovation
performance: big data is not always better data”, Journal of Business Research, Vol. 108, pp. 147-
162, doi: 10.1016/j.jbusres.2019.09.062.
Ghoneim, A.W. (2021), Egypt Digitalization in Alignment with Egypt Vision 2030 for SDGS, the
Egyptian Cabinet, IDSC Policy, Cairo, pp. 1-32.
Gunasekaran, A., Papadopoulos, T., Dubey, R., Wamba, S.F., Childe, S.J., Hazen, B. and Akter, S.
(2017), “Big data and predictive analytics for supply chain and organizational performance”,
Journal of Business Research, Vol. 70, pp. 308-317, doi: 10.1016/j.jbusres.2016.08.004.
Gupta, S. and Ramachandran, D. (2021), “Emerging market retail: transitioning from a product-centric
to a customer-centric approach”, Journal of Retailing, Vol. 97 No. 4, pp. 597-620.
JEIM Gupta, S., Qian, X., Bhushan, B. and Luo, Z. (2019), “Role of cloud ERP and big data on firm
performance: a dynamic capability view theory perspective”, Management Decision, Vol. 57
36,6 No. 8, pp. 1857-1882.
Gupta, S., Justy, T., Kamboj, S., Kumar, A. and Kristoffersen, E. (2021), “Big data and firm marketing
performance: findings from knowledge-based view”, Technological Forecasting and Social
Change, Vol. 171 No. 2021, doi: 10.1016/j.techfore.2021.120986.
Hair, J.F. Jr, Hult, G.T.M., Ringle, C. and Sarstedt, M. (2016), A Primer on Partial Least Squares
1746 Structural Equation Modeling (PLS-SEM), SAGE Publications, Washington, DC.
Hallikainen, H., Savim€aki, E. and Laukkanen, T. (2020), “Fostering B2B sales with customer big data
analytics”, Industrial Marketing Management, Vol. 86, pp. 90-98.
Henseler, J., Ringle, C.M. and Sarstedt, M. (2015), “A new criterion for assessing discriminant validity
in variance-based structural equation modelling”, Journal of the Academy of Marketing Science,
Vol. 43 No. 1, pp. 115-135.
Hossain, M.A., Akter, S. and Yanamandram, V. (2021), “Why doesn’t our value creation payoff:
unpacking customer analytics-driven value creation capability to sustain competitive
advantage”, Journal of Business Research, Vol. 131, pp. 287-296, doi: 10.1016/j.jbusres.2021.
03.063.
Huang, C.K., Wang, T. and Huang, T.Y. (2018), “Initial evidence on the impact of big data
implementation on firm performance”, Information Systems Frontiers, Vol. 22 No. 2, pp. 475-487,
doi: 10.1007/s10796-018-9872-5.
Janssen, M., van der Voort, H. and Wahyudi, A. (2017), “Factors influencing big data decision making
quality”, Journal of Business Research, Vol. 70, pp. 338-345.
Kastouni, M.Z. and Lahcen, A.A. (2022), “Big data analytics in telecommunications: governance,
architecture and use cases”, Journal of King Saud University- Computer and Information
Sciences, Vol. 34, No. 6, Part A, pp. 2758-2770, doi: 10.1016/j.jksuci.2020.11.024.
Kunz, W., Aksoy, L., Bart, Y., Heinonen, K., Kabadayi, S., Ordenes, F.V., Sigala, M., Diaz, D. and
Theodoulidis, B. (2017), “Customer engagement in a big data world”, Journal of Services
Marketing, Vol. 31 No. 2, pp. 161-171.
Lehrer, C., Wieneke, A., vom Brocke, J.A.N., Jung, R. and Seidel, S. (2018), “How big data analytics
enables service innovation: materiality, affordance, and the individualization of service”,
Journal of Management Information System, Vol. 35 No. 2, pp. 424-460.
Li, D.Y. and Liu, J. (2014), “Dynamic capabilities, environmental dynamism, and competitive
advantage: evidence from China”, Journal of Business Research, Vol. 67 No. 1, pp. 2793-2799.
Maroufkhani, P., Tseng, M.L., Iranmanesh, M., Ismail, W.K.W. and Khalid, H. (2020), “Big data
analytics adoption: determinants and performances among small to medium sized enterprises”,
International Journal of Information Management, Vol. 54, 102190, doi: 10.1016/j.ijinfomgt.2020.
102190.
Mikalef, P., Boura, M., Lekakos, G. and Krogstie, J. (2019), “Big data analytics and firm performance:
findings from a mixed-method approach”, Journal of Business Research, Vol. 98, pp. 261-276,
doi: 10.1016/j.jbusres.2019.01.044.
Mikalef, P., Krogstie, J., Pappas, I.O. and Pavlou, P. (2020), “Exploring the relationship between big
data analytics capability and competitive performance: the mediating roles of dynamic and
operational capabilities”, Information and Management, Vol. 57 No. 2020, 103169, pp. 1-15.
Muller, O., Fay, M. and vom Brocke, J. (2018), “The effect of big data and analytics on firm performance:
an econometric analysis considering industry characteristics”, Journal of Management
Information Systems, Vol. 35 No. 2, pp. 488-509, doi: 10.1080/07421222.2018.1451955.
Nam, D., Lee, J. and Lee, H. (2019), “Business analytics use in CRM: a nomological net from IT
competence to CRM performance”, International Journal of Information Management, Vol. 45,
pp. 233-245.
Olabode, O.E., Boso, N., Hultman, M. and Leonidou, C.N. (2022), “Big data analytics capability and BDA and data-
market performance: the roles of disruptive business models and competitive intensity”, Journal
of Business Research, Vol. 139 No. 2022, pp. 1218-1230. driven CRM
Orenga-rogla, S. and Chalmetra, R. (2016), “Social customer relationship management taking
strategies
advantage of web 2.0 and big data technologies”, SpringerPlus, Vol. 5 No. 1, pp. 1-17.
Peng and Lai (2012), “Using partial least squares in operations management research: a practical
guideline and summary of past research”, Journal of Operations Management, Vol. 30 No. 6,
pp. 467-480. 1747
Podsakoff, P.M., MacKenzie, S.B., Lee, J.-Y. and Podsakoff, N.P. (2003), “Common method biases in
behavioral research: a critical review of the literature and recommended remedies”, Journal of
Applied Psychology, Vol. 88 No. 5, pp. 879-903.
Preacher, K.J. and Hayes, A.F. (2008), “Asymptotic and resampling strategies for assessing and
comparing indirect effects in multiple mediator models”, Behavior Research Methods, Vol. 40
No. 3, pp. 879-891.
Qi, Y., Mao, Z., Zhang, M. and Guo, H. (2020), “Manufacturing practices and servitization: the role of
mass customization and product innovation capabilities”, International Journal of Production
Economics, Vol. 228, 107747, doi: 10.1016/j.ijpe.2020.107747.
Raguseo, E.and Vitari, C. (2018), “Investments in big data analytics and firm performance: an
empirical investigation of direct and mediating effects”, International Journal of Production
Research, Vol. 56 No. 15, pp. 1-16.
Raguseo, E., Vitari, C. and Pigni, F. (2020), “Profiting from big data analytics: the moderating roles of
industry concentration and firm size”, International Journal of Production Economics, Vol. 229,
107758, doi: 10.1016/j.ijpe.2020.107758.
Rahman, M.S., Hossain, M.A. and Abdel Fattah, F.A.M. (2022), “Does marketing analytics capability
boost firms’ competitive marketing performance in data-rich business environment?”, Journal of
Enterprise Information Management, Vol. 35 No. 2, pp. 455-480.
Ringle, C.M., Wende, S. and Becker, J.-M. (2015), Smartpls 3, SmartPLS GmbH, Boenningstedt,
available at: http://www.smartpls.com
Saidali, J., Rahich, H., Tabaa, Y. and Medouri, A. (2019), “The combination between Big Data and
marketing strategies to gain valuable business insights for better production success”, Procedia
Manufacturing, Vol. 32 No. 2019, pp. 1017-1023.
Schwarz, T. (2021), Egypt’s 500 Top Companies, Egypt Business Directory (EBD), Cairo, available at:
https://www.egypt-business.com/
Shahbaz, M., Gao, C., Zhai, L., Shahzad, F., Abbas, A. and Zahid, R. (2020), “Investigating the impact of
big data analytics on perceived sales performance: the mediating role of customer relationship
management capabilities”, Complexity, Vol. 2020, pp. 1-17, doi: 10.1155/2020/5186870.
Shamim, M., Zeng, J., Khan, Z. and Zia, N. Ul. (2020), “Big data analytics capability and decision
making performance in emerging market firms: the role of contractual and relational
governance mechanisms”, Technological Forecasting and Social Change, Vol. 161, December
2020, pp. 1-10, doi: 10.1016/j.techfore.2020.120315.
Sheng, H., Feng, T., Chen, L. and Chu, D. (2021), “Responding to market turbulence by big data
analytics and mass customization capability”, Industrial Management and Data Systems,
Vol. 121 No. 12, pp. 2614-2636, doi: 10.1108/IMDS-03-2021-0160.
Simanjuntak, E.R., Firmanzah, T., Balqiah, E. and Pawitra, T. (2016), “CRM capabilities and marketing
effectiveness: the mediating role of interactive marketing implementation”, Proceedings of the
Global Marketing Conference, Hong Kong, July, pp. 892-893.
Sivarajah, U., Kamal, MM, Irani, Z. and Weerakkody, V. (2017), “Critical analysis of big data
challenges and analytical methods”, Journal of Business Research, Vol. 70, pp. 263-286, doi: 10.
1016/j.jbusres.2016.08.001.
JEIM Stimmel, C. (2016), Big Data Analytics Strategies for the Smart Grid, 1st ed., Auerbach, London, ISBN
9781482218282.
36,6
Sunikka, A. and Bragge, J. (2012), “Applying text-mining to personalization and customization
research literature- Who, what and where?”, Expert Systems with Applications, Vol. 39 No. 2012,
pp. 10049-10058.
Suoniemi, S., Meyer-Waarden, L., Munzel, A., Zablah, A.R. and Straub, D. (2020), “Big data and firm
performance: the roles of market-directed capabilities and business strategy”, Information and
1748 Management, Vol. 57 No. 7, pp. 1-17, doi: 10.1016/j.im.2020.103365.
Taleb, N., Salahat, M. and Ali, L. (2020), “Impacts of Big-Data technologies in enhancing CRM
performance”, 6th International Conference on Information Management (ICIM), London, IEEE,
doi: 10.1109/ICIM49319.2020.244708.
Tchuente, D. and El Haddadi, A. (2023), “One decade of big data for firms’ competitiveness: insights
and a conceptual model from bibliometrics”, Journal of Enterprise Information Management,
Vol. ahead-of-print No. ahead-of-print, pp. 1-33, doi: 10.1108/JEIM-03-2022-0074.
Tykheev, D. (2018), Big Data in Marketing, Saimaa University of Applied Sciences, available at:
https://www.theseus.fi/bitstream/handle/10024/145613/Big%20Data%20in%20marketing.pdf?
Varadarajan, R. (2020), “Customer information resources advantage, marketing strategy and business
performance: a market resources based view”, Industrial Marketing Management, Vol. 89
No. 2020, pp. 89-97.
Wamba, S.F., Akter, S., Edwards, A., Chopin, G. and Gnanzou, D. (2015), “How ‘big data’can make big
impact: findings from a systematic review and a longitudinal case study”, International Journal
of Production Economics, Vol. 165, pp. 234-246.
Wamba, S.F., Gunasekaran, A., Akter, S., Ren, S.J.F., Dubey, R. and Childe, S.J. (2017), “Big data
analytics and firm performance: effects of dynamic capabilities”, Journal of Business Research,
Vol. 70, pp. 356-365, doi: 10.1016/j.jbusres.2016.08.009.
Wamba, S., Dubey, R., Gunasekaran, A. and Akter, S. (2020), “The performance effects of big data
analytics and supply chain ambidexterity: the moderating effect of environmental dynamism”,
International Journal of Production Economics, Vol. 222, 107498, doi: 10.1016/j.ijpe.2019.09.019.
Xu, Z., Frankwick, G.L. and Ramirez, E. (2016), “Effects of big data analytics and traditional
marketing analytics on new product success: a knowledge fusion perspective”, Journal of
Business Research, Vol. 69 No. 5, pp. 1562-1566.
Xue, L., Ray, G. and Sambamurthy, V. (2012), “Efficiency or innovation: how do industry
environments moderate the effects of firms’ IT asset portfolios?”, MIS Quarterly, Vol. 36,
pp. 509-528, doi: 10.2307/41703465.
Yasmin, M., Tatoglu, E., Kilic, H. S., Zaim, S. and Delen, D. (2020), “Big data analytics capabilities and
firm performance: an integrated MCDM approach”, Journal of Business Research, Vol. 114, June
2020, pp. 1-15, doi: 10.1016/j.jbusres.2020.03.028.
Zablah, A.R., Bellenger, D.N. and Johnston, W.J. (2004), “An evaluation of divergent perspectives on
customer relationship management: towards a common understanding of an emerging
phenomenon”, Industrial Marketing Management, Vol. 33 No. 6, pp. 475-489, doi: 10.1016/j.
indmarman.2004.01.006.
Zerbino, P., Aloini, D., Dulmin, R. and Mininno, V. (2018), “Big data-enabled customer relationship
management: a holistic approach”, Information Processing and Management, Vol. 54 No. 2018,
pp. 818-846.
Zhang, H. and Xiao, Y. (2020), “Customer involvement in big data analytics and its impact on B2B
innovation”, Industrial Marketing Management, Vol. 86, pp. 99-108, doi: 10.1016/j.indmarman.
2019.02.020.
Zhang, C., Wang, X., Cui, A.P. and Han, S. (2020), “Linking big data analytical intelligence to customer
relationship management performance”, Industrial Marketing Management, Vol. 91 No. 2020,
pp. 483-494.
Zhu, S., Dong, T., Robert and Luo, X. (2021), “A longitudinal study of the actual value of big data and BDA and data-
analytics: the role of industry environment”, International Journal of Information Management,
Vol. 60 No. 2021, pp. 1-15, 102389. driven CRM
strategies
Corresponding author
Mahmoud Abdelrahman Kamel can be contacted at: [email protected]
1749
For instructions on how to order reprints of this article, please visit our website:
www.emeraldgrouppublishing.com/licensing/reprints.htm
Or contact us for further details: [email protected]
Reproduced with permission of copyright owner. Further
reproduction prohibited without permission.