International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Designing and Implementing a Customer Data Platform (CDP) for Omnichannel Businesses in the Fashion Industry: A Strategic Framework

Author(s) DEVENDER YADAV
Country United States
Abstract The fashion industry is experiencing significant transformation driven by rapidly changing trends and consumer preferences. Customers, equipped with smartphones and numerous options, require personalized and consistent experiences across all touchpoints. This paper examines the implementation of a Customer Data Platform (CDP) designed for omnichannel businesses in this dynamic sector. It not only outlines a technical solution but also develops a strategic framework. This study examines fundamental challenges, including isolated data, transient trends, and the nuanced equilibrium of personalization versus privacy. We suggest a phased implementation strategy. We prioritize the activation of data to establish authentic connections with customers, enhance loyalty, and improve financial performance in a highly competitive market. A specific instance comes to mind in which a small boutique effectively employed a basic version of this approach. The application of data, when combined with human insight, demonstrates significant potential. This encapsulates our broader objectives.
Keywords Customer Data Platform, Omnichannel, Fashion Retail, Data Integration, Personalization, Customer Journey, Data Activation, Real-time Analytics, Customer Segmentation, Data Privacy, Strategic Framework, Fashion Tech
Field Engineering
Published In Volume 5, Issue 2, March-April 2023
Published On 2023-03-02
DOI https://doi.org/10.36948/ijfmr.2023.v05i02.36905

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