A case study on Personalization Techniques in Indian Online Retail Marketing
DOI:
https://doi.org/10.53573/rhimrj.2022.v09i05.011Keywords:
Transformed, Personalization, implementation, Multidimensional, Individualized, Retailers', Post-Purchase, LoyaltyAbstract
This research paper provides a comprehensive analysis of the personalization in Indian online retail business. Competition and customer choices have transformed Indian internet shopping in recent years. Retailers now use personalization to engage consumers, boost conversion rates, and build brand loyalty. This case study examines Indian online retail personalization approaches, their implementation, effect, and obstacles. The research begins by explaining personalization in marketing's multidimensional nature and merchants' diverse methods. Product suggestions, dynamic pricing, tailored content and marketing, and user segmentation are included. Cultural variety, shifting buying power, and different online behavior patterns make personalization techniques in the Indian market interesting. The study uses quantitative and qualitative methodologies. Interviews with industry professionals and online surveys collect user feedback on customization implementation tactics. Descriptive statistics and regression analysis reveal patterns and relationships. This research study examines several personalization approaches used by online merchants in India to accommodate the varying tastes and requirements of their clients. These strategies span several facets of the customer experience, including product suggestions, user interfaces, information distribution, and post-purchase engagement. This paper examines the technical foundations of many strategies, including collaborative filtering, machine learning algorithms, and real-time data analytics. These techniques enable businesses to provide individualized shopping experiences to customers.
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