Marketers aren’t fully leveraging because of four main reasons. Here’s how you can overcome the challenges of implementation.
Marketing with Artificial Intelligence. Sounds fancy. And that’s the problem. The term is thrown around in marketing tool ad copy, by marketing gurus and hyped by the media. Yet, a concrete definition is elusive. For many, is an enigma surrounded by buzzwords.
But the irony is, as much as the hype has overstated what might do in the next years, the reality of how is already used today in marketing is often under-recognized.
- Facebook uses facial recognition to recommend who to tag in photos.
- Google uses to rank search results.
- Netflix uses to personalize recommendations.
- Amazon uses for .
- The Washington Post uses natural language generation to write data-driven articles.
Your life is already machine-assisted, and your marketing can be, too.
What is ?
The best way to understand is as an umbrella term.
It’s used to describe a suite of unique, but related, technologies that can simulate human capabilities.
It’s not some singular magic technology that can do everything.
But a set of individual tools with real capabilities, but which are at different stages of development.
Out of these different subsets of , there are a few that are particularly applicable to marketing right now.
- Computer vision which allows to see. This leads to object detection, facial recognition, and visual listening on social media.
- Natural language processing () which allows to hear and speak – giving us chatbots, semantic analysis, content generation, and capabilities.
- Machine learning allows to learn with data on how to progressively improve performance on a specific task over time, without explicitly being programmed what to do. This gives us content recommendations, lookalike audiences, programmatic advertising, and lead scoring.
The ability of self-improvement provided by is the most critical subset of for marketers.
Automation Is Not Equal to Machine Learning
Maybe you’re thinking you’ve got this whole marketing thing covered because you have an expensive marketing automation tool.
Let’s get one thing crystal clear:
Automation is not .
Automation is a set of instructions that tells a machine what to do in order to produce a specified outcome. […]