The concept of artificial intelligence (AI) may have been something borne out of a sci-fi movie decades ago. Now, AI has gradually integrated itself into a mainstream technology. Initially, AI was just generally viewed as a feature of “smart” devices and applications. In the world of online businesses, AI can be considered as a godsend, particularly in digital marketing. We’ll explore some of the significant impacts of AI in digital marketing and how it can be a game-changer for businesses that know how to utilize it.
AI Will Revolutionize Customer Service
One of the most overlooked aspects of digital marketing is how your business can market its customer service quality. While this aspect doesn’t directly impact your business financially, it is beneficial in keeping a solid customer base and keeping your business stable in the long run. Keeping your current market sufficiently satisfied and updated with your products and service can serve as a strong foundation from which you can create marketing plans for the future of your business. When it comes to real-time customer interaction and assistance, embedding AI into your chat support program creates the best chatbot capability that can effectively handle inquiries, transactions, and requests for assistance as the first line of contact. Instead of just instructing customers to stay online until a live agent interacts with them, AI technology can offer basic troubleshooting, information disclosure, and process basic transactions for the customers. Not only does this reduce the workload of customer service reps, but the AI technology can also effectively classify the concern of the customer to be forwarded to a specialized department for a more effective customer service experience. This can give customers better feedback about your business’s customer service, which you can then capitalize as part of your marketing strategy.
Data-Driven Audience Targeting With AI
The scope of the capabilities of AI also includes assistive decision making and strategy formulation. AI can collect, compile, and analyze data gathered from surveys, feedback on trial products and services, and statistical data of the population in a certain area. The information can then be converted into figures and be presented as easily interpretable information during meetings and client presentations. Intuitive AI technology can help offer you possible routes of action or decision making, which can help you and your marketing decide on a marketing strategy faster and reinforce a strategy that needs further affirmation.
AI technology doesn’t just stop with collecting and analyzing market data. When you have a clear marketing strategy, the technological reaches of AI can also tap on various internet resources that you can use to effectively reach your target audience. AI technology in chatbots has the capability to make you reach out to audiences who use social media platforms such as Twitter, Facebook, and YouTube among others. You can then customize your marketing approach based on the most effective formats in these platforms, like using a Facebook post, a short tweet, or announcement with teaser pictures through Twitter or a short video advertisement or promotion through YouTube.
Effective Advertising Through AI Insight
Following up on reaching the right target audience, you also need to make the right advertisement. The demographic data collected by your AI technology can also be used to create audience-appropriate content and advertisements for your business. Additional data collected about the interests, needs, focus, and other relevant aspects of the target market can then be integrated as factors to consider in your business advertisement. With AI insight, the result of your advertising campaign will be a well-received and effective advertisement by your target audience. This will then translate into more potential customers taking interest in your products or services and will also attract new investors for your business. Overall, the benefit of AI in your ad campaign is to help you address the core needs and demands of your audiences in an effective manner.
Sales Forecast and Predictive Marketing
Marketing has a more or less linear relationship with the economy. This means that your marketing strategies can be directly influenced by the fluctuations in the economy. These fluctuations usually traverse the positive and negative economic areas that will greatly influence the decisions you will make regarding your changes. Trends like economic recession and expansion can become solid bases for your marketing plans. However, looking at the past and present trends can only help you make marketing decisions based on current economic conditions. Here is where the assistance of AI technology comes to play. Its advanced processing algorithm can help you forecast your sales in the future by being able to see simulations and projections based on the past and present economic trends. These projections are valuable in formulating an advanced and predictive marketing strategy that accounts for the possible trends in the future. All this means that you and your marketing team can confidently formulate marketing strategies that can generate projected profits and can also mitigate possible economic downturn scenarios in the future.
How is this relevant to your current and target audience? Your forecast of the future says a lot about your business. Customers and investors alike will want an assurance of a sustained business operation in the future. If you can present your customers, clients, and investors with a solid presentation of your plans for the future, you are showing them that your business is reliable and well-prepared, marketing-wise. Your audience will be assured that your business will stand the test of time and continue to provide products and services in the foreseeable future.
Enhanced User Experience and Return on Investment
These two benefits can go hand in hand as the benefits that you can reap with AI technology. Advanced machine learning programs integrated into AI have allowed it to make intelligent interactions with users of the internet and other advanced technologies. Predictive and intuitive features can help users easily fill up forms, complete transactions, and effectively decide on a purchase online. When you apply AI technology to your business website and online transactions, you can provide your customers with a tailored service based on their search patterns, demographic information, and their specifications. This, in turn, will give customers a pleasing and satisfying experience and help them arrive with the best purchase decision.
Having a continuous and consistent influx of customers and audiences to your business website helps keep your cash flow stable and your business sales projections can be reached with ease. AI technology can also enhance the transaction process by making it faster and more secure. This can benefit both your business and your users in ensuring that there are no irregularities in the transactions and that future transactions will stay secure.
Artificial intelligence is a smart way of future-proofing your business. When you integrate AI to your digital marketing strategies, you are opening up new possibilities and windows of opportunity for your business. It’s like having more brains in a brainstorming session and having a reliable data miner in your business. Information is a precious resource in businesses today, and AI can help you reach your business’s full potential by efficiently using relevant information for your marketing plans.