Market leaders can leverage artificial intelligence to identify and target their prospects more accurately.
The fast-growing trend for artificial intelligence in the marketplace is mostly about how well this technology drift can redefine businesses, transform industries, and set up new job roles. However, there has been less attention while it comes to leveraging smart technology for brand strategy.
As per experts, with the surge in digitization and technology adoption, soon machine intelligence will be a critical tool – while formulating and acting over the brand strategies. The decision-makers need to ensure that AI is nothing new – instead, a disrupting move that is altering the contemporary business operations.
AI is here to stay – with times, it is becoming essential than ever for all. From the C-Suites to associates level, professionals need to realize and accept the technology in order to stay ahead of their peers. Basically, there is a demand for higher dependence on AI to target customers efficiently.
For instance, e-mail marketers have already been using technology in their tasks for years and have seen their click-through rates increasing. According to Campaign Monitor, businesses found their performance soar by 14% after the implementation of artificial intelligence.
Advanced algorithms can sort through different prospective customers immediately by quickly identifying potential sales targets and figuring out the primary language for a sales pitch. Marketers firmly believe that this trend will continue to grow in the future – until every e-marketing model becomes AI-powered.
This will also help businesses in cost-cutting and deliver better results compared to manual methods and human intelligence. Lately, the number of users using ad-blockers is rapidly rising. Thus, brands need to cut through the tricky scenario to convey a powerful message to the customers.
Such instances have given rise to machine intelligence to participate in marketing – where many creative marketers have found themselves pitted against others to offer the ‘best’ and engaging user experience. Brands that have not leveraged predictive analytics, as well as algorithms for delivering enhanced user experience, often cannot stand in the business for long.
Clearly, with Big data becoming the most valuable asset today for marketers, it has already become more essential for enterprises to implement perceptive algorithms. For businesses that are planning to rebrand in this digital era, AI-powered branding strategies are a must-have to stay afloat.