Page 12 - AeM_May_2019
P. 12

RESEARCH, ANALYSIS & TRENDS





































             Artificial Intelligence in marketing is


             gaining momentum



            The interest in gaining a competitive advantage with the   existing  assistance  systems  like  Alexa  or  Siri  need  to
            help  of  Artificial  Intelligence  (AI)  runs  through  a  wide   be  improved.  Duplex  makes  phone  reservations  in
            range of industries, such as e.g. health care, production,   restaurants and speaks with filer noises, so that for the
            automotive  or  military,  which  are  investing  billions  into   other  party  the  machine  is  no  longer  easily
            the technology. The marketing industry certainly started   distinguishable  from  a  human.  These  days,  the
            to test various fields of application, where the use of AI   Chinese  web  group  Alibaba  has  also  introduced  its
            could  advance  the  business.  The  Salesforce  State  of   latest  version  of  a  language  assistant  that  reacts
            Marketing Report 2018 already provided an insight into   surprisingly smoothly to demands. In terms of customer
            how widespread the use of AI has become, although the   care,  such  sophisticated  assistance  systems  could  be
            authors  of  the  study  emphasize  that  all  in  all  no   applied  to  many  possible  uses,  however,  the  studies
            dominant  use  has  yet  emerged.  The  study  shows,   also  show  that  customers  want  to  know  when  they
            however, that 39% of marketing decision makers rely on   speak with a bot and not with a human.
            AI  and  29%  of  respondents  already  use  AI-based
            systems to personalize their offers via email.       Image  recognition:  suppliers  such  as  eBay  and
                                                                 Zalando are currently showing us where the journey is
            When using AI in marketing, it is essentially all about the   heading.  The  online  group  Zalando,  for  instance,  has
            analysis  of  data  and  the  question  of  whether  an   recently   introduced   the   Algorithmic   Fashion
            intelligent  software  system  can  draw  new  conclusions   Companion,  an  AI-based  software  that  analyzes  user
            from  it.  Conclusions  that  marketers  would  never  have   behavior,  recognizes  photos  and  derives  individual
            come up with, but which are so relevant that they can be   styling  tips  from  it.  To  do  this,  AI  takes  on  around
            derived  from  a  targeted  customer  approach,  which  in   200,000  outfits  in  the  first  step,  then  the  self-learning
            turn drives the conversions up significantly. Against this   computer  program  incorporates  fashion  tips  into  its
            background,  various  areas  of  application  can  be   suggestions,  aiming  to  reduce  the  return  rates.  eBay
            outlined:  chatbots,  copywriting,  speech  and  image   also wants to advise its users more individually with the
            recognition and the automated display of advertising. All   help  of  AI  and  keep  them  on  the  platform.  You  can
            these  measures  aim  to  provide  the  user  with  a  highly   even,  for  example,  upload  photos  of  items  you  would
            personalized customer journey.                       like to buy and the AI trawls in the background through
                                                                 the offer for similar products.
            Speech  recognition: in the US, the language assistant
            Google  Duplex  is  currently  being  introduced  to  the   Chatbots:  an  increasing  number  of  companies  are
            market.  The  intelligent  software  shows  just  how  much
                                                                 using  chatbots  on  Facebook  or  on  their  website.  The

      12            May 2019 - Artificial Intelligence (AI) & Chatbots in Marketing
   7   8   9   10   11   12   13   14   15   16   17