Sunday, February 23, 2020

Artificial Intelligence in Marketing




Hearing AI takes us to a world of imagination with driverless cars and robots taking over the world and stealing all possible human jobs. Our perception and imagination of AI are very different from what it is used for in marketing. 



What is AI?

As defined by the English Oxford Dictionary Artificial Intelligence stands for "The theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision making, and translation between languages." AI uses computers to complete tasks that otherwise humans would have to do thus saving time and effort.



AI in Marketing

When it comes to marketing, any kind of data collected can be easily analyzed with the help of AI. You can also achieve deeper insights related to patterns observed and digital footprints left by a consumer on one's website by generating a report. You can choose from either purchasing an AI-inbuilt software or program your computer to implement the algorithms and techniques of artificial intelligence.  Some of the examples of its use are:

  • Setting up ad campaigns
  • Alexa and Siri, voice recognition
  • A personalized experience, better customer service
  • Amazon uses Machine learning for recommending products, or the explore feed on Instagram
  • Segmentation of the target market
  • Content generation
With the ever-changing industry and technological intervention, we can't deny that AI is useful for not just marketers but consumers as well. 

Share your views, suggestions, and questions in the comment box below and tell us what you imagine when you hear Artificial Intelligence!


Sources
'AI Marketing: What, Why and How to use Artificial Intelligence Marketing' (2019). available at: https://www.mageplaza.com/blog/ai-marketing-what-why-how.html (accessed: 20/02/2020)Mullan, E. (2019) 'The uses of Artificial Intelligence to Marketers' available at: https://blog.hurree.co/blog/what-is-artificial-intelligence-marketing (accessed: 22/02/2020)
Rouse, M. (2019) 'artificial intelligence in marketing' available at: https://searchcustomerexperience.techtarget.com/definition/artificial-intelligence-in-marketing (accessed: 21/02/2020)

15 comments:

  1. Thanks for sharing this information Amrit! Very informative!

    ReplyDelete
  2. I think AI will further change into something bigger than we imagined for sure. This is such a good read, thank you for sharing Amrit.

    ReplyDelete
    Replies
    1. without a doubt, yeahhhh, who knew AI will reach this stage future certainly has some surprises in store.

      Delete
  3. Thanks for this informative article, I enjoyed so much

    ReplyDelete
  4. Thank you for sharing detailed post Amrit

    ReplyDelete
  5. AI is the future for marketers to reach their audience and your blog explains how we can use it. Thank You.

    ReplyDelete

  6. Great and interesting content! Well done Amrit.

    ReplyDelete
  7. Artificial Intlligence itself is growing as a technology and hold a high position in market. To use AI in digital marketting surely going to help the industries to improve thier marketting strategies.
    Indeed a nice read. Liked the content and it's importance.

    ReplyDelete