GUEST ARTICLE: In the future, AI will be the main factor behind content development and advertising
By 2027, the worldwide AI market is expected to be worth $267 billion.
Mumbai: Artificial intelligence (AI) is the term used to describe how machines simulate human intelligence. This broad area of computer science is expected to significantly alter marketing careers and the sector as a whole.
Over the past four years, there has been a 270 per cent increase in the number of organisations embracing AI, and by 2027, the worldwide AI market is expected to be worth $267 billion.
This increase is not unexpected, especially when you consider all the advantages of implementing AI technology in marketing.
Marketing staff will be able to automate some cognitive processes with AI-powered solutions. Additionally, they will be able to recognise present trends and forecast them for the future, which will help secure their marketing operations' success.
These are just a few examples of how artificial intelligence will affect marketing tactics.
Technology and trends are constantly changing, so the marketing environment has become much more nimble. As a result, content pieces are flooding marketing channels at an unprecedented rate, making it challenging for organisations to produce high-quality content.
Marketing automation has taken over content development and timely distribution to generate results effectively. AI may facilitate processes like content development, distribution, and performance analysis, making it easier for brand managers to develop content ideas.
1. Predictive forecasting
Another area where artificial intelligence will alter the future of marketing is predictive analytics.
With the use of AI, marketers will be better able to predict consumer behaviour and create campaigns or goods that will be more successful.
Leading online course systems, for instance, may include AI to help teachers better understand what their students are doing in their classes and how to increase student engagement.
Overall, online courses will improve because of this, and there will probably be more private-label course marketplaces with well-optimised educational assets available for purchase.
The most intelligent AI systems will be able to employ algorithms to examine enormous data sets to optimise toward a specific goal. They'll essentially be "prediction" machines.
2. Product ideas
Machine learning, a kind of artificial intelligence, will also help to enhance online product recommendations. Marketers can make more accurate and timely predictions about what customers will purchase with the correct AI tools.
AI-powered engines will make quick recommendations customised to each customer's needs based on their activity and interests.
Numerous businesses are already utilising AI-powered product recommendations in e-commerce, and most are reaping significant rewards, especially regarding their bottom lines.
3. Improved client services
Chatbots use artificial intelligence to have real-time dialogues with users. It is a fantastic approach for brands to increase engagement and trust, and it's another way AI will enhance marketing in the future. Chatbots can be used 24/7 to attend to customers' needs, even when customer support employees are unavailable.
Using chatbots to enhance customer service in your company can be done in various ways, and all of them have many advantages.
4. Virtual and augmented reality
The development of augmented reality (AR) and virtual reality (VR) is already aided by artificial intelligence (AI).
Through the utilisation of these realities in the future, artificial intelligence marketing will enhance digital marketing by giving customers the option to purchase things and modify them however they see fit.
For instance, a buyer might try on different colours of the same outfit when shopping to see which one looks best. Or, when searching for a car, a user may look through the features or even take a virtual test drive to get a sense of how efficient the vehicle is.
To fully immerse users, this type of technology could significantly impact websites like YouTube.
Summing Up
Businesses must now determine if they want to incorporate these developments into their digital marketing strategies to keep their competitive advantage.
Every part of your organisation, from lead generation to content production, marketing, sales, and customer support, stands to gain from incorporating AI into your future marketing strategy.
The moment is here to begin using artificial intelligence in advertising. Start your adventure off strong with a chatbot.
The author of this article is Rizzle CCO & asst. director - program management Sana Afreen.
