Arabian Journal of Business and Management Review

We argue that marketers can use internal reporting to create marketing accounts that give a complete picture of how marketing has contributed to the value of the company and make it easier to be more accountable for how market-based assets are used. Our objective is to demonstrate to marketers how they can increase their credibility in highlighting the value of marketing. However, in return, marketers must record their own assumptions in what we refer to as "marketing accounts." We wish to be sure about what we don't do. Discussions regarding the usefulness of commercial brand valuations are unaided by our research. In point of fact, marketing accounts do not in any way necessitate the use of particular valuation models. Brand equity models, customer equity models, or any other model can be used by marketing accounts. A brand equity approach may be deemed the most effective strategy for capturing the impact of marketing on a consumer packaged goods company by the CMO (Chief Marketing Officer).

Big Data publications did not clearly align cutting edge marketing techniques with benefits, indicating that research is bipartite between technological and research domains. Additionally, there were only a few publications with co-authors across continents. Additionally, the findings indicate that big Data applications to marketing research are still in its infancy. As a result, for Big Data to thrive in marketing, more focused efforts toward business must be made. Unstructured data generated by new communication technologies and user editing platforms (e.g., text, images and videos) and structured data generated by organizations traditional databases are both forms of Big Data that are currently prevalent. Customer’s decisions are being significantly influenced by social media platforms like Facebook and twitter, leading businesses and brands to incorporate information from these platforms into their marketing strategies. As a result, Big Data is expanding.