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The Rise of AI in Marketing.pdf
1. The Rise of AI in Marketing: Advantages,
Disadvantages, and Implications
In the age of digital marketing, artificial intelligence (AI) has
emerged as a game-changer, bringing drastic changes to the way
businesses interact with their audience. AI helps 21st-century
businesses keep up with the fast-paced and digitally-driven market,
allowing them to plan, execute, and optimize marketing campaigns
faster. By leveraging this technology’s capabilities, marketers can tap
into vast amounts of data, automate processes, and deliver highly
personalized experiences to their target audience.
But while AI is poised to improve marketing practices for the better,
it’s not without its challenges. With the promise of change also
comes cause for concern — its implications on customer ethics,
2. human labor, data collection, and more. In this article, we discuss
the numerous advantages, disadvantages, and implications of using
artificial intelligence in marketing.
The advantages of using AI in marketing
As a tool, the role of AI is to help marketing departments make
processes faster and more efficient. It allows for the automation of
tasks that don’t require human intervention, leaving room for
marketers to think bigger. Its limited yet robust role makes it an
excellent aid, but in itself is incapable of being an adept marketer —
meaning that marketing jobs are still safe.
Here are some reasons marketing departments are using AI to their
benefit:
Advanced data analysis
AI-powered analytics tools help businesses gain meaningful insights
from large and complex data sets quickly. Traditional data analysis
methods often fall short due to the sheer volume and complexity of
data available today. AI algorithms can uncover patterns, trends,
and correlations that human analysts might otherwise miss.
Analytics allow marketers to track user behavior faster and examine
user behavior on various metrics (engagement, conversion, time and
location, etc.). Applications like Google Analytics, for instance, track
all this data in real time, enabling teams to respond to changing user
behavior faster than ever before. In addition to tracking campaign
3. progress, this kind of data also serves as comprehensive research for
new campaigns.
By leveraging AI in data analysis, marketers can make data-driven
decisions, optimize marketing strategies, and gain a deeper
understanding of customer behavior, preferences, and market
trends.
Automation of rote tasks
AI technology offers significant advantages in automating repetitive
and time-consuming marketing tasks. Using tools for large-scale
data generation and analysis, lead generation, content curation,
email campaigns, and social media posting, marketing departments
can save time and make their processes more efficient.
Tools like Jasper, Wordtune, Otter.ai, and Grammarly can speed up
the content creation process and aid in writing, editing, and curating
collaterals. Platforms like Meta Business Creator, Metricool,
and Google Analytics can help you schedule social media posts or
ads, while MailChimp and Sendinblue can help you automate email
campaigns.
Using AI for repetitive and recurring tasks allows marketers to shift
their attention away from manual work and focus on creative and
strategic aspects of their role. Automation also reduces human error
(you’re unlikely to miss posting) and oversight (you have more time
to do quality checks and the like).
4. Improved Customer Service
AI-powered chatbots and virtual assistants have transformed
customer service in marketing. These AI systems can handle
customer inquiries, provide instant support, and offer personalized
recommendations. These tools use natural language processing and
machine learning algorithms to understand customer queries,
engage in meaningful conversations, and resolve issues efficiently.
Creating automated chatbots allows for real-time interaction with
customers. Responses for common queries can be templatized and
quickly dispatched to customers, while executives can address more
specific or unique queries with the nuance that is required. This
combination of automation and human interference allows the
department to provide customer interactions that are timely and
carefully tailored experiences that enhance customer satisfaction.
By providing 24/7 support and quick response times, AI-powered
customer service enhances the overall customer experience,
increases customer satisfaction, and reduces the workload on
human customer service representatives.
Enhanced Personalisation
One of the key advantages of AI in marketing is its ability to deliver
highly personalized experiences to customers. AI algorithms can
analyze vast amounts of customer data such as demographics,
preferences, browsing behavior, and purchase history, to generate
valuable insights.
5. With this information, marketers can segment their audience and
create highly targeted advertising campaigns that appeal to each
segment. By identifying browsing patterns and user preferences, AI
algorithms can deliver personalized advertisements to specific
segments or individual users — making the advertisements more
relevant, immediate, and effective, leading to higher engagement
and conversion rates.
Another effective way to make customer experiences more
personalized is through recommendation engines. A
recommendation engine uses data mining, machine learning, and
artificial intelligence to understand user preferences and predict
items that users are likely to engage with or find value in. They
typically study data about user behavior, browsing history, past
interactions, preferences, and feedback to make personalized
recommendations.
Recommendation engines are increasingly being used in a wide
range of industries: online commerce, news and media, digital
streaming, entertainment, social media, and more. They play a
pivotal role in customizing user feeds to deliver relevant experiences
and eliminating irrelevant ones — ultimately helping users discover
products, services, or content that aligns with their interests.
Additionally, such data also helps marketers deliver personalized
offers and increase customer engagement and loyalty.
6. The disadvantages of using AI in marketing
The benefits of using AI in marketing come with its own set of risks,
challenges, and considerations for marketers. Data privacy and
security breaches are at the forefront, along with an overdependence
on user data and a risk of strategies lacking the human touch.
Marketers must be cognizant of these pitfalls so they can make well-
informed decisions about how AI contributes to their strategies.
Here are some considerations marketers should know about:
Data privacy and safeguards
The use of AI in marketing heavily relies on collecting and analyzing
vast amounts of customer data. This raises concerns about data
privacy and security. The onus is on the marketers to be abreast of
data regulation policies in the regions they are in and comply with
them. It’s also crucial that they transparently obtain consent from
users by clearly stating data collection processes and providing
accessible opt-in/out mechanisms. As netizens become increasingly
savvy, disclosing data collection practices is a crucial way to
maintain customer trust.
Storing and processing large volumes of data also increases the risk
of data breaches and cyberattacks. While implementing AI tools,
marketers must also implement security measures to protect
(sensitive) customer information. Some commonly adopted
measures include encryption during customer interactions, secure
data storage, cybersecurity measures to prevent data leaks, etc.
7. Bias from existing data
Given that AI primarily learns from historical data, it’s unlikely to
provide up-to-date information on emerging trends or unforeseen
events. Its reliance on existing information also means it’s
susceptible to the biases perpetrated in existing data and discourse.
If machine learning continues to operate on erroneous information
or biases, it may end up making recommendations that are
irrelevant, exclusionary, or even harmful to its users.
Rectifying these biases usually requires human intervention, which
may (depending on the severity of the bias) render the whole process
counterproductive. It’s essential for marketers to evaluate
algorithmic data and regularly assess for biases that may be
discriminatory or negatively impact customers.
Risk of generic (or insensitive) responses
While AI automation can streamline marketing processes, it
presents a risk of having customer interactions that are generic and
lack a human touch. It serves a limited purpose in customer
relationships, especially in instances when personalized assistance
or support beyond what AI is programmed to do is required. While
AI fares well with routine or commonly asked queries, it lacks the
empathy needed to handle more complex or sensitive matters.
Moreover, marketing as a discipline relies on emotional connections
with customers. AI-driven interactions run the risk of being too
detached from human behavior and may lack the empathy and
understanding that normally comes with customer interactions. AI
8. may also be unable to pick up subtle and contextual clues that
human marketers can spot. If customers can easily recognize they
are engaging with a machine, their experience with the business may
not be as fulfilling or memorable.
Overreliance of data
In addition to biases, an overreliance on data can lead to a narrow
perspective and overlook important qualitative insights and
intuition. Using historical data as primary research can limit
marketers’ perspective of emerging trends and may miss out on
evolving customer expectations. Numbers also fail to capture
subjective customer experiences, which marketers often draw on to
create compelling campaigns. It’s humans who ultimately bring
contextual understanding, creativity, and empathy that can
complement data-driven approaches and lead to more well-rounded
strategies.
Another concern is that AI algorithms also may not pick up on
rapidly changing market dynamics and consumer behaviors. AI
models typically make predictions assuming that historical patterns
will always continue to hold. If changes in market conditions and
consumer behavior are shifting faster than ever, then data collection
must also evolve rapidly to keep up with these changes. Marketers
should regularly evaluate and update their AI systems so they
provide updated data that reflect evolving market trends and
consumer preferences.
9. Summing up: the implications of using AI in
marketing
Even as we scratch the surface of artificial intelligence and its role in
business, its implications remain vast and reaching. It has
increasingly gained traction as businesses recognize its potential to
enhance marketing strategies and drive results. Companies are
increasingly adopting AI technologies, more so after the COVID-19
pandemic, to create personalized marketing campaigns to cater to a
global audience.
In large-scale campaigns, AI can be used for personalized
recommendations, automated customer service, and data analysis.
The increase of AI in marketing also raises questions about the
division of labor within marketing departments, since there are
overlaps between its functions and what marketers have
traditionally been doing. With many routine and repetitive tasks
automated through AI tools, marketers have more opportunities to
upskill and learn to work alongside these tools.
Marketers must be aware and critical of AI’s role in marketing
processes. They must create strategies that leverage AI’s strengths
but retain the human elements of marketing processes. Moreover,
evolving trends, employee training, cost of implementation, and
other factors must be considered while marketers implement AI in
their strategies.
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