Data analytics plays a vital role in this marketing strategy. They allow the companies to predict your future purchases by analyzing your order history and show you the product that may potentially become your next purchase. This is widely common in eCommerce companies like Amazon or Target. Even social media influencers use this marketing technique to advertise their merchandise to their followers. Cookies on your browser do the same thing and show you ads of products that you have previously searched.
This form of marketing will be crucial for businesses in the years to come. With new data coming in regularly, there is still room for more improvements to the point of perfection.
Infographic by: rawshorts.com