📅 31 December 2024

Leveraging Digital Business Communication For Enhanced Profitability In Global Markets

Proceedings of International Conference on Social, Politics, Administration, and Communication Sciences
Universitas 17 Agustus 1945 (UNTAG) Semarang

📄 Abstract

The method applied in this study is Systematic Literature Review (SLR) and this work examines the pertinent literature between 2020 and 2024. The sources included here were Scopus, Web of Science, Google Scholar while using the following keywords; digital communication and profitability. The findings indicate that firms that engage in anticipatory digital media communication receive higher customer interactions of between 10-30% and continued patronage and sales. Furthermore, AI and big data help organizations tailor their communication strategies, maximize CLV and minimize operation expenditures. However, the study also revealed that digital skills’ dearth and organizational reluctance to embrace digital technology are a thorn for firms, particularly MSMEs, regarding the appropriate execution of digital communication strategies. Based on the findings of this study, the conclusion is that enhanced digital communication can enhance the profitability of the company as long as adequate technological platform and increased digitization of company’s employees are in place. As for the suggestions for future research, they include examining the effects of data privacy legislation on Digital Communications Planning and analyzing how manufacturing and, especially, financial service industries can leverage Digital Technology to create a sustainable competitive advantage.

🔖 Keywords

#Business Communication; Profitability; Artificial Intelligence (Ai); Big Data

ℹ️ Informasi Publikasi

Tanggal Publikasi
31 December 2024
Volume / Nomor / Tahun
Volume 1, Nomor 2, Tahun 2024

📝 HOW TO CITE

Nalom Siagian, "Leveraging Digital Business Communication For Enhanced Profitability In Global Markets," Proceedings of International Conference on Social, Politics, Administration, and Communication Sciences, vol. 1, no. 2, Dec. 2024.

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