Why It's Important for Marketers to Grasp Data Models to AI Leverage
Miles Kailburn
CEO @ OTM | Helping B2B Founders Align Sales & Marketing to Scale Their Businesses Inc. 5000 Award Winner, BizWest Top 50 Influential Business Leaders, ColoradoBiz Top Company Winner
In our line of work as marketers, grappling with data is part of the daily grind. Nowadays though, it's not just about having data, but understanding it at a structural and granular level. Recently with the broad adoption of AI, the dependency on data has increased while hurdles to quality tools have lowered higher. AI has the power to sift through data and garner insights at an unprecedented scale. But to truly leverage this technology, we need to have a strong grasp on atleast midsized data models. While this used to be a technical role that was brought in, its now a fundamental necessity of most roles for staying competitive and making informed strategic decisions.
Understanding data models gives us a clearer picture of consumer behavior and market trends. It's like having a high-powered telescope in a sea of stars; suddenly, we can spot patterns and connections that were invisible before. When I pair this detailed view with AI, the potential for precision targeting and personalization becomes massive. The ability to tailor campaigns that resonate on an individual level, often predicting needs before they're fully articulated by consumers. This kind of insight isn't just useful; it's becoming critical to keep pace with a market that's always marching forward.
Still, it's easy to get overwhelmed by the sheer volume of data at our fingertips. It's not about hoarding information; it's about being selective and strategic with the data we use. While there is obviously a place for large data models, what Im talking about is smaller data sets that most companies have or could gain easy access to in order to sift through the noise to find the signals that will drive successful outcomes. It's a challenging balance to strike, but as AI continues to evolve, it's one that I—and marketers everywhere—must learn to master.
The Importance of Data in Marketing
In today's digital landscape, data is at the core of marketing. We rely on data to understand consumer behaviors, preferences, and trends. Data models give us insights that are critical for developing positioning and strategies that resonate with the target audience.
Why Data Matters:
Basics of Data Models
When I work with larger data sets, I see them as a goldmine of insights. Big data has become the backbone of modern marketing strategies. But to harness its power, it's crucial to grasp its vastness. A large data model typically refers to a framework that can handle and analyze massive volumes of data from diverse sources.
Why should I care about this? Frankly because it will become the standard for most roles in marketing. With easier access to broader sets of data and low barrier analysis tools this will be expected in most roles in agencies. There are different tools and approaches to work with data and bring these skills to the table, but lets look at the buckets of the core components:
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Integrating AI with Marketing Strategies
Once you have access to the data and true understanding of the data, its structure and its content, we can now leverage AI in different manners to analyze the data set. We tend to look at it in terms of understanding and predicting customer behavior, personalizing content and automating workflows.
First off, let's talk personalization. AI tools allow me to dig into data to understand my audience segments. This isn't just useful, it's critical. For example:
Then there's predictive analysis. By analyzing past data, AI helps forecast future trends and customer needs. From there, we can create more effective marketing strategies when we know what might happen next in the customer journey.
Another big win with AI integration is efficiency. Automating repetitive tasks like email campaigns and social media posts means I spend more time on creative strategy. I use tools to:
Lastly, here's something I can't ignore — real-time adjustments. AI gives me the ability to tweak my campaigns on the fly. If something's not working, I see it instantly and make data-driven decisions to course-correct. For instance, modifying ad spend or altering copy based on live performance data is a snap with AI at our teams' fingertips, but only if the data is accurate and leveraged..
Each of these elements revolutionizes the way I develop and execute my marketing strategies, demonstrating that understanding and leveraging larger data models really is the cornerstone of effective AI integration.
Takeaways
Whether your a marketer, an agency or a business leader, its key to peak under the hood of AI and understand that its called a Large Language Model (ChatGPT for instance) because it in fact, needs large amounts of data to operate. By connecting this tool to the teams leveraging the data, I am confident that tools such as PHP, Python and even Excel will become far more of a required skill in the short term than most anticipate.
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1 年Loved the insights. ????One of the challenges is to curate the unstructured data and labeling it, so that AI models can be trained the right way.