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    Transparent Peer Review By Scholar9

    Aligning Business Goals with Consumer Needs: The Strategic Role of Product Management in Ad Tech Development

    Abstract

    In the rapidly evolving advertising technology (ad tech) landscape, aligning business goals with consumer needs is critical for success. As ad tech companies strive to create personalized and effective advertising solutions, product management plays a pivotal role in ensuring that business objectives are met while addressing the demands and expectations of consumers. This paper examines the strategic role of product management in ad tech development, focusing on how product managers bridge the gap between business goals and consumer needs. The study highlights the importance of customer-centric product strategies, data-driven decision-making, and iterative development in creating successful ad tech products. Through case studies of leading ad tech firms and interviews with industry experts, this research explores the challenges and best practices in aligning business goals with consumer preferences in a highly competitive and fast-paced industry. The findings emphasize the significance of agile methodologies, continuous user feedback, and cross-functional collaboration in developing ad tech products that not only satisfy consumer needs but also drive business growth. The paper concludes with actionable insights for product managers on how to enhance the strategic alignment between business and consumer needs, ensuring that ad tech products are innovative, relevant, and impactful.

    Reviewer Photo

    Rajas Paresh Kshirsagar Reviewer

    badge Review Request Accepted
    Reviewer Photo

    Rajas Paresh Kshirsagar Reviewer

    08 Nov 2024 04:16 PM

    badge Not Approved

    Relevance and Originality

    Methodology

    Validity & Reliability

    Clarity and Structure

    Results and Analysis

    Relevance and Originality:

    This paper addresses a crucial and timely issue in the ad tech industry: the need to align business goals with consumer needs to create personalized, effective advertising solutions. As the ad tech landscape becomes increasingly competitive and consumer expectations evolve, the strategic role of product management becomes even more significant. The paper is original in its focus on how product managers can bridge the gap between business objectives and consumer preferences, offering insights into best practices, challenges, and the importance of agile methodologies. The paper’s contribution lies in its emphasis on customer-centric strategies and data-driven decision-making, which are essential for ad tech firms to stay competitive in the fast-paced market.

    Methodology:

    The research methodology, which includes case studies of leading ad tech firms and interviews with industry experts, provides a well-rounded approach to understanding the role of product management in aligning business and consumer needs. However, while case studies are valuable in illustrating real-world applications, the paper could benefit from more transparency regarding the selection criteria for these case studies, such as the size and scope of the firms involved. Additionally, providing more details on the structure of the interviews, including the number of participants, their roles, and the types of questions asked, would strengthen the reliability of the findings. It would also be useful to know whether any quantitative data were collected or if the research relied primarily on qualitative insights.

    Validity & Reliability:

    The paper’s findings are based on practical case studies and expert interviews, which add credibility to the research. However, to improve the reliability of the results, the paper would benefit from a broader range of case studies representing diverse ad tech sectors (e.g., programmatic advertising, mobile advertising, social media platforms). This would help generalize the conclusions and offer more comprehensive insights into how different companies approach the challenge of aligning business and consumer needs. Additionally, the study would be more robust if it included some quantitative analysis of the effectiveness of the strategies discussed, such as metrics on consumer engagement or ROI improvements after implementing the recommended practices.

    Clarity and Structure:

    The paper is logically organized, with a clear progression from identifying the challenges in aligning business goals with consumer needs to exploring best practices and actionable insights for product managers. Each section flows smoothly into the next, and the paper is generally easy to follow. However, the paper could benefit from clearer section headings to improve navigation and focus. For instance, the sections on agile methodologies, user feedback, and cross-functional collaboration could be further elaborated with distinct subheadings to enhance clarity. Additionally, some repetition of ideas across sections could be streamlined to avoid redundancy and improve conciseness.

    Result Analysis:

    The result analysis provides useful insights into the importance of customer-centric product strategies, agile methodologies, and continuous user feedback in ensuring the success of ad tech products. However, the analysis could be strengthened by providing specific examples of how these strategies were successfully implemented in the case studies. For instance, how did specific ad tech firms use customer feedback to improve their products? What metrics were used to measure the impact of these strategies on business performance or consumer satisfaction? A more detailed breakdown of the challenges faced by product managers in aligning business goals with consumer needs would also enhance the depth of the analysis. Moreover, discussing potential trade-offs or conflicts between business goals and consumer preferences (e.g., when consumer demands may not align with profitability objectives) would provide a more balanced view of the complexities in product management.

    Publisher Logo

    IJ Publication Publisher

    done sir

    Publisher

    IJ Publication

    IJ Publication

    Reviewer

    Rajas Paresh

    Rajas Paresh Kshirsagar

    More Detail

    Category Icon

    Paper Category

    Business Administration

    Journal Icon

    Journal Name

    IJRAR - International Journal of Research and Analytical Reviews External Link

    Info Icon

    p-ISSN

    2349-5138

    Info Icon

    e-ISSN

    2348-1269

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