MAL52:23 | Page 32

MARKETING

Artificial Intelligence ( AI ) And Marketing

Kehinde Ruth Onasoga

Artificial Intelligence ( AI ) is rapidly changing the marketing landscape , and businesses of all sizes are beginning to explore how this technology can improve customer engagement and drive growth .

One of the most significant ways that AI impacts marketing is through machine learning ( ML ) algorithms . These algorithms can be used to analyze large amounts of data and gain insights that would be difficult or impossible for humans to detect . For example , businesses can use ML to analyze customer behavior , demographics , and preferences to create more targeted and effective marketing campaigns . Additionally , predictive analytics can be used to identify customer segments that are most likely to convert or retain and target them with personalized messaging and promotions .
Another important application of AI in marketing is through the use of chatbots . These automated programs can interact with customers naturally and confidently and provide quick and accurate responses to common questions . This can help to improve customer service , reduce the workload on human support teams , and increase engagement with the brand . In addition , chatbots can be integrated into messaging platforms like Facebook Messenger , WhatsApp , and WeChat , which can help increase the brand ’ s reach .
AI-powered virtual assistants are also gaining popularity in the field of marketing . These digital assistants can interact with customers through voice commands and natural language processing ( NLP ) to provide personalized recommendations , purchase assistance , and other services . For example , Amazon ’ s Alexa and Google ’ s Assistant help customers find products , place orders , and check delivery status .
AI is also used for optimization of marketing campaigns . Platforms such as Google ’ s DoubleClick use AI to optimize the targeting of ads , the bid amount , and the placement of ads in real-time . This helps increase ad spend efficiency and improve the return on investment ( ROI ) for businesses .
Moreover , AI can be used to automate many of the tedious and time-consuming tasks that are required in marketing . For example , AI can be used to generate and test new ad copy , design new images and videos , and even create entire marketing campaigns . This can help to speed up the process of creating marketing materials and allow businesses to scale their efforts more easily .
In conclusion , AI is transforming the field of marketing in a number of ways . From using machine learning algorithms to analyze customer data , chatbots and virtual assistants that can interact with customers naturally and personally , businesses are finding that AI can help improve customer engagement , increase efficiency , and drive growth . As technology continues to evolve , we can expect to see even more innovative applications of AI in the field of marketing in the future .
Ms . Kehinde Ruth Onasoga is the Principal Consultant , Pandora Agency Limited . You can commune with her on this or related matters via email at : Kro @ pandoraagency . co .
32 MAL52 / 23 ISSUE