Leveraging internet of things data for real-time marketing: Opportunities, challenges, and strategic implications

Abstract

This paper explores the transformative potential of Internet of Things (IoT) data in enabling real-time marketing by providing unprecedented opportunities for personalized, context-aware consumer engagement. It investigates the challenges posed by data privacy, security, and ethical considerations within this dynamic landscape, emphasizing the need for robust strategic frameworks. The study aims to offer valuable insights into leveraging IoT-driven data analytics to enhance marketing effectiveness while addressing inherent risks and operational complexities. Ultimately, this research highlights the critical role of IoT data in shaping the future of responsive and innovative marketing strategies.