Journal Press India®

A Conceptual Study of Marketing Techniques in the Financial Inclusion of Industry 4.0

Vol 11 , Issue 2 , April - June 2023 | Pages: 1-6 | Research Paper  

https://doi.org/10.51976/ijari.1122301

| | |


Author Details ( * ) denotes Corresponding author

1. * Saji Vithal Vernekar, Ph.D. Research Scholar, Department of Commerce and Management, Shri JJTU, Rajasthan, India (Saji.vernekar@gmail.com)
2. Aman Gupta, Research Guide & Associate Professor, Department of Commerce and Management, Shri JJTU, Rajasthan, India (Amangupta76@gmail.com)
3. Ganesh S. Chavan, Research Co-guide & Associate Professor, Department of Commerce and Management, Shri JJTU, Rajasthan, India (chavangs@yahoo.com)

This conceptual study explores the intersection of marketing techniques and financial inclusion within the context of Industry 4.0. As digital technologies revolutionize the financial landscape, it becomes imperative to understand how marketing strategies can be harnessed to promote financial inclusion, particularly among underserved populations. By leveraging innovative marketing approaches tailored to the digital era, financial institutions can effectively reach and engage diverse customer segments, thereby fostering greater access to essential financial services. This paper examines various marketing techniques, including digital marketing, social media marketing, and personalized messaging, and discusses their potential impact on promoting financial inclusion in the era of Industry 4.0. Through a comprehensive analysis, this study offers insights into how strategic marketing initiatives can be aligned with the principles of financial inclusion to drive societal and economic development.

Keywords

Financial Inclusion; Industry 4.0; Marketing Techniques; Digital Marketing; Social Media Marketing; Personalization; Access to Finance; Digital Transformation; Customer Engagement; Economic Development

  1. Confetto, M. G., Conte, F., Vollero, A., &Covucci, C. (2020). From Dual Marketing to Marketing 4.0: The Role Played by Digital Technology and the Internet. In Beyond Multi-channel Marketing. Emerald Publishing Limited.
  2. Dash, G., Kiefer, K., & Paul, J. Marketing-to-Millennials (2020): Marketing 4.0, customer satisfaction and purchase intention. Journal of Business Research, 122, 608-620.
  3. De Hoyos, M., & Barnes, S. (2012). Analysing interview data. Warwick Institute for employment research.
  4. Dewey, A. &Drahota, A. (2016) Introduction to systematic reviews: online learning module Cochrane Training https://training.cochrane.or g/interactivelearning/module-1-introduction-conducting-systematic-reviews
  5. Dewi, N. P. R. C. (2020). Digital marketing strategy on travel tourism businesses in marketing 4.0 era. International research journal of management, IT and social sciences, 7(3), 58-64.
  6. Gibson, N. and O’Connor, H., (2003) A step-by-step guide to qualitative data analysis. A journal of aboriginal and indigenous community health, 1(1), pp.62-90.
  7. (Guven, H. (2020), “Industry 4.0 and Marketing 4.0: In Perspective of Digitalization and E-Commerce”, Akkaya, B. (Ed.) Agile Business Leadership Methods for Industry 4.0, Emerald Publishing Limited, pp. 25-46.
  8. Kolářová, V., &Kolářová, E. (2020). An analysis of the use of marketing 4.0 principles for managing customersretionships in microbreweries in the capital city of Prague. Potravinarstvo Slovak Journal of Food Sciences, 14, 336-342.
  9. Kotler, P., Kartajaya, H., &Setiawan, I. (2016). Marketing 4.0: Moving from traditional to digital. John Wiley & Sons.
  10. Krishnamoorthy, M. D., SP, M. S., & Immanuel, M. (2020). Marketing 4.0: Impacts of Technological Developments on Marketing Activities. Solid State Technology, 2362-2367.
  11. Mallik, A. M. (2020). Marketing 4.0-Enhancing Consumer Experience Moving from Traditional to Digital. Available at SSRN 3669124.
  12. Mogaji, E., Soetan, T. O., &Kieu, T. A. (2020). The implications of artificial intelligence on the digital marketing of financial services to vulnerable customers. Australasian Marketing Journal (AMJ). https://doi.org/10.1016/j.ausmj.2020.05.003
  13. Polisetty, A., & Manda, V. K. (2020). Application of Marketing 4.0 Principles By the Indian Mutual Fund Industry.
  14. Putri, Y. L., Kautsar, M. H., &Sutrasna, Y. (2020, October). Halal tourism Marketing strategies in 4.0 era: a research objective in west Sumatera. In The 2nd International Conference on Culinary, Fashion, Beauty and Tourism (ICCFBT) 2019.
  15. Saura, J. R. (2020). Using Data Sciences in Digital Marketing: Framework, methods, and performance metrics. Journal of Innovation & Knowledge. https://doi.org/10.1016/j.jik.2020.08.001
  16. Sidek S, Rosli M, Khadri N, Hasbolah H, Manshar M, &Abidin N. (2020). Fortifying small business performance sustainability in the era of IR 4.0: e-marketing as a catalyst of competitive advantages and business performance. Journal of Critical Reviews, 7(13), 2143-2155.
  17. Sivarajah, U., Irani, Z., Gupta, S., &Mahroof, K. (2020). Role of big data and social media analytics for business to business sustainability: A participatory web context. Industrial Marketing Management, 86, 163-179.
  18. Suleman, D., Ali, H., Nusraningrum, D., & Ali, M. M. (2020). Consumer Behaviour in the Marketing 4.0 Era Regarding Decisions about Where to Shop. International Journal of Innovation, Creativity and Change, 13(7), 444-456.
  19. Suryono, I. A., Yacobus, A., Sutrisno, M. A. L. S., &Brigitta, M. Y. F. (2020, October). Strategies for Facing A Global Competition of The top three Indonesian marketplaces in the 4.0 Marketing Era (Survey on The Customers of Top Three Indonesian Marketplaces). In Proceeding of LPPM UPN “Veteran” Yogyakarta Conference Series 2020–Economic and Business Series (Vol. 1, No. 1, pp. 207-213).
  20. Techasawat, A. (2020). Omni channel retailing for consumers in marketing 4.0 Era.
  21. Yuniarto, T., Adi, P. H., Setyanto, R. P., & Kaukab, M. E. (2020). Guerilla Marketing in the Context of Industry 4.0. Solid State Technology, 63(6), 689-700.

 

Abstract Views: 11
PDF Views: 84

Advanced Search

News/Events

Indira School of Bus...

Indira School of Mangement Studies PGDM, Pune Organizing Internatio...

Indira Institute of ...

Indira Institute of Management, Pune Organizing International Confe...

D. Y. Patil Internat...

D. Y. Patil International University, Akurdi-Pune Organizing Nation...

ISBM College of Engi...

ISBM College of Engineering, Pune Organizing International Conferen...

Periyar Maniammai In...

Department of Commerce Periyar Maniammai Institute of Science &...

Institute of Managem...

Vivekanand Education Society's Institute of Management Studies ...

Institute of Managem...

Deccan Education Society Institute of Management Development and Re...

S.B. Patil Institute...

Pimpri Chinchwad Education Trust's S.B. Patil Institute of Mana...

D. Y. Patil IMCAM, A...

D. Y. Patil Institute of Master of Computer Applications & Managem...

Vignana Jyothi Insti...

Vignana Jyothi Institute of Management International Conference on ...

By continuing to use this website, you consent to the use of cookies in accordance with our Cookie Policy.