Retailing and retailing research in the age of big data analytics
Retailing and retailing research in the age of big data analytics
M. Dekimpe
TLDR
The paper considers to what extent the above-average availability of good-quality data has historically been an additional selling point to empirical researchers, and explores a number of additional opportunities and challenges that emerge from the ongoing big data revolution.
Abstract
As a research domain, the retail sector has always had many appealing features, such as its size, its multi-faceted and dynamic nature, the possibility for researchers to exploit their own domain knowledge, and an extensive coverage by business analysts. In addition, the above-average availability of good-quality data has historically been an additional selling point to empirical researchers. The paper considers to what extent the latter still holds, and explores a number of additional opportunities and challenges that emerge from the ongoing big data revolution. This is done from five perspectives: retail managers, retailing researchers, public-policy makers, investors, and retailing educators.
