The reason why Artificial intelligence is needed is that your target audience and customers are
not interested in how wide of an audience you are targeting, or in the ratio of visitors to
conversions/sales on your business site.
Some customers might even take personal offense to the idea behind ‘lifetime lead value,’
which reduces everything about a customer down to potential dollar amounts. Human beings
don’t want to be seen as statistics or dollars; they want to be seen as people, and that signals
the end of the traditional marketing strategy is nearer than we may think.
Modern-day customers are proactive, informed, and super aware of the various marketing strategies
that businesses use to draw in potential leads. Also, new technologies are making it possible for
potential buyers to shield themselves from most outbound marketing efforts effectively.
Online ad-blocking software, DVRs, and non-radio-based music services have had a significant
impact on once-reliable marketing channels, making it difficult for advertisers to get their messages
across to the people who effectively keep them in business.
Also, According to research, ad-blocking alone has been responsible for a loss of over $15 billion
to businesses worldwide. Add that to the steady decline in newspaper and magazine subscriptions,
and you have a landscape where established marketing practices may not be enough.
In their place, personalized, outbound approaches to advertising and marketing need
to become a primary focus. But this may seem easier said than done.
Come to think of it, the same surge in digital technology that is affecting traditional
marketing approaches has also offered a solution which is: Artificial Intelligence.
What is Artificial Intelligence?
Artificial intelligence, also known as AI, is the digital simulation of the human thought process.
AI programs are capable of performing limited intelligence-related tasks, such as reasoning,
planning, learning, forecasting, and understanding language. When coupled with data capture,
storage, and the analysis capabilities of an effective CRM solution, artificial intelligence can
produce amazing results. Artificial intelligence software doesn’t learn as human brains do,
instead, it depends on something called ‘machine learning.’
Machine learning comprises various different algorithms, but all approaches generally come
down to how a computer can be programmed to recognize patterns and triangulate
conclusions — and the more information available, the more accurate the computer becomes
and the more effective the conclusion it generates.
Essentially, the more data that is available, the faster an AI can learn.
CRM gives AI software a nearly limitless pool of information to draw upon and helps it learn
how to assist businesses with fulfilling client needs.
Businesses Depend on AI.
Businesses around the world are taking advantage of and making use of the endless possibilities
offered by AI and machine learning. What is surprising is how few of these businesses are
putting it to work solving customer-facing problems. Research conducted by Harvard business
review discovered that only 15% of businesses in the US are using AI and machine learning
to create personalized marketing offers for their target audience.
Moreover, given the potential client benefits inherent in artificial intelligence and machine learning,
it’s clear that those organizations that put advanced AI solutions to work on the customer front
stand to enjoy a sizable competitive advantage. This is particularly true when it comes to marketing.
It is a known fact that 79% of top-performing businesses have been using marketing automation
for at least two years. This is because the advantages of AI-enhanced marketing are difficult to ignore.
Also, AI, when used correctly and integrated with a reliable CRM solution can help address the major
challenges faced by marketers.
To effectively use AI for optimal productivity you have to engage professionals who are working
day in and day out in the AI marketing space. We at Retink have dedicated our time to provide you
with these services at a fraction of what is obtainable in the market.
Furthermore, Marketers and businesses alike can take advantage of Retink’s unique offers
and product capabilities to improve the productivity, identity, and ROI of their brands.
They can also use our tools to segment target audiences, gather and analyze data,
create highly-accurate customer-oriented content, and deliver the same clients
based messaging and content when it’s most effective.
Best of all, Retink does this without you breaking the bank or exceeding your budget.
Reach out to us today and let the exciting journey begin.
Five (5) Marketing Advantages Of Artificial Intelligence Marketing:
- Centralized data
Marketing relies heavily on accurate, usable data. However, the most relevant information to
marketing efforts is often spread across multiple data containers/channels. AI-enhanced marketing
automation can help gather, organize, analyze, and segment valuable marketing data automatically,
learning and improving as it moves forward. The data can then be stored in a single, centralized location,
for easy use in marketing ads and campaigns.
- Customer predictions
Even among those customers that are qualified, not all of them are going to respond positively to
the same marketing pushes/campaigns. AI can be taught to recognize which customers are likely
to engage with an ad, and which are not, and how best to approach every client in order to facilitate
an effective one-on-one customer buying journey.
- Client segmentation
In order to take the most relevant marketing steps with individual clients, you need to be able to
define them as groups. AI can review past buying actions, consider past preferences, and recognize
similar behaviors across large customer populations. With this information, marketers can then
create campaigns designed to reach a large number of clients and do so in a way that is customized
and personal on an individual or one-on-one level.
- Marketer productivity
One of the best benefits of AI and marketing automation is that it frees marketers from many tedious
tasks associated with their position. By allowing artificial intelligence programs to handle various
repetitive or time-consuming marketer responsibilities, marketers can focus their talents on bigger concerns.
This leads to improved marketer productivity and more effective marketing outreach in general.
- Timely messaging
For many customers and buyers alike, the window of interest is one that doesn’t remain open for long.
Marketing AI keeps track of Customer’s preferences, analyzing actions and determining when would
be the best time to contact these customers again with either greetings, offers, or content.
By delivering marketing messaging when clients are most receptive, marketing AI helps optimize
campaign ROI.
In Conclusion, artificial intelligence AI allows marketers to scale the number of campaigns and
journeys they create, without having to worry about defining which campaign ads to send to
each customer and when next. This and more are what AI can bring to your marketing process
but as it is in every aspect of business, you need experts to handle the process for optimal results
and that is where Retink Media stands out over the rest, reach out to us now and let’s get down to work.