AI Marketing Guide
Chandan Kumar Thakur
AI Powered Marketing Specialist | Vice President - Vassar Labs | Promoting AI Climate Tech | Sustainability | IT and SaaS Product Marketing | GenAI | AI Marketing - IIM Kolkata | XLRI | OMCP certified marketer
The marketing industry constantly evolves, so staying on top of everything may be challenging. More is expected of company own00ers every year. Artificial intelligence (AI) is thus being used increasingly often in marketing.
AI can be an extremely effective marketing tool when used correctly. It could help you create new methods or improve the ones you already use to serve your target audience better. However, it would be best first to comprehend the principles to succeed with AI marketing.
I'll give a general review of AI marketing in this post. We'll also go through some ways you may use it on your website. Let's start the celebration now!
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What is AI Marketing?
Any website owner knows how crucial marketing is to any company plan. It takes the longest as well. Artificial intelligence can help in this situation.
Machine learning is used in AI marketing to mimic human behaviour. Any data that is made available to AI may be absorbed and evaluated. After that, you may use that data to direct your marketing strategies. Artificial intelligence in marketing might save you a tonne of time, particularly if you wish to automate more labour-intensive marketing procedures.
Using AI is more common than you would think. Think about the well-known streaming platform Netflix. This platform closely monitors the actions of its users using solid artificial intelligence. Netflix uses this data to suggest TV shows or films to its users that it thinks they would like. The business also uses the information gathered to develop exclusive new content.
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Parts of AI in Marketing
AI undoubtedly plays a significant part in helping marketers interact with customers. The most effective current solutions for bridging the gap between the enormous amounts of consumer data being gathered and following actionable actions that can be applied to future campaigns are composed of the following AI marketing components:
1. Machine Learning
Machine learning, which consists of computer algorithms that analyse data and improve automatically with practice, is powered by AI. Machine learning tools evaluate new data in light of pertinent historical data, which may guide decisions based on what has or has not been performed in the past.
2. Big data and Analytics
Big data has flooded the market due to the growth of digital media, enabling marketers to evaluate their efforts and distribute value across channels more accurately. Many marketers find it challenging to determine which data sets are valuable to purchase, leading to data oversaturation.
3. AI platform solutions
Marketers that use efficient AI-powered solutions have access to a centralised platform for managing enormous amounts of data. These platforms could produce insightful marketing information about your target market, enabling you to make data-driven choices about engaging them successfully. Marketing professionals may benefit from frameworks like Bayesian Learning and Forgetting, which can help them better understand how receptive a customer is to a particular marketing endeavour.
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Best ways to use AI in Marketing
There are many methods to integrate AI technology into your current marketing strategy because so many of them are available. Let's begin with a few of the most common.
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1. Chatbots can boost conversion rates
Despite being most frequently used to answer consumer questions, chatbots may also be a great tool to help your audience members make purchases. Take the chatbot employed by renowned clothes shop ASOS as an example.
The ASOS chatbot aids mobile users in their searches by presenting items it thinks they'll like based on their answers to a few straightforward questions. Each user is directed precisely to the spot where they may find relevant products online based on the replies customers provide.
A great way to improve the likelihood of conversion is to build a chatbot that promotes specific products directly to the messenger inboxes of potential customers. This is because it eliminates any uncertainty when choosing a product to buy.
2. You Can Discover More About Your Audience Through Social Listening
Social listening focuses on what people say online to develop and improve a plan. Although social listening might be challenging, AI makes it much more manageable.
AI-powered social listening tools may now track mentions and market developments, giving you a fuller picture of how your target market responds to your brand. These tools can help you get more exact and quantifiable data while accelerating, expanding, and making your social listening activities more relevant.
Two well-known applications using AI-powered social listening are Mention and Ubermetrics. They can help you identify the products that appeal to your target market and spot problems and relevant trends in real-time.
3. Improve the Material You Create
The creation of content will be a significant focus of your marketing efforts. Even though it's required, the process might take a while. Artificial intelligence (AI) technology can help you simplify this process. Powerful writing bot WordSmith can transform structured data into written text.
Contrary to popular belief, this kind of software is far more prevalent. Automated material creation has been a thing for a long time. For instance, the search engine Yahoo routinely employs WordSmith to write the text for its fantasy football draughts.
Even if this kind of AI isn't ready to create lengthy editorial articles, it can give you a place to start when you encounter the dreaded "blank page." This is useful for customer support inquiries, social media postings, and marketing emails.
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Choosing the right AI platform
One of the numerous critical initial steps in beginning an AI marketing programme is selecting the right platform or platforms. When choosing solutions based on capabilities, marketers must be insightful in identifying the gaps that the platform is trying to address. This would depend on the goal marketers are trying to accomplish; for instance, AI tools meant to increase overall consumer delight would need different capabilities than products intended to increase speed and efficiency.
Consider the degree of openness necessary to comprehend why an AI platform came to a given decision when selecting a tool. Depending on the algorithm in use, marketing groups may get a detailed report on why a particular decision was made and which data had an influence; however, algorithms working at a more advanced level with in-depth learning may not be able to provide a solid explanation.
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Conclusion
Every firm needs marketing, but it requires significant time and work. You may automate the process by incorporating AI into your marketing strategy, strengthening your current efforts and opening up new avenues.
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Marketing Specialist
1 年Great article and I am definitely seeing AI become more prevalent in the field. Do you think that we will become more reliant on tools like WordSmith and even ChatGPT for content creation? I have used it a few times but find my voice can get lost and what is produced always needs quite a lot of editing.?