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Example: As per , Audi with the launch of luxury SUV, the Q2 created a programmatic ad campaign and this led to an average conversion rate four times higher than those bought using traditional methods.
Example: gives you personalized music playlist for every individual by analyzing their taste and favorites and was able to reach 40 million people in its first year and the number has grown many folds now as every week it lists new music as per its user’s likes.
Handling inquiries and queries only during business hours is an old-fashioned thing. Missing an opportunity is giving that opportunity to your competitors. Hence it’s vital to attend every inquiry no matter what time it is posted. Dedicated resources can sometimes lead to errors and unavailability. Fortunately, with artificial intelligence chatbot powered by Machine Learning and Natural Language Processing, you can create a 24/7 online presence for initial support and queries no matter the day or time. This will hold your prospect from a competitor and later attend them personally at your office time to share more product details.
Example: Mobile Monkey-Facebook Messenger Marketing Solution can take the contact lists and send chat blasts with auto-replies to promote your products. from Salesforce tells 69% of the customers to prefer instant communication using Chatbots with brands.
Smart marketers are moving today’s smart AI tools to automate repetitive and tedious daily tasks. Updating the onboard and future customers about offers and deals is an everyday thing now with companies trying to lure their audience to strike a deal. AI tools can be your savior for email marketing. Your team can spend quality time and effort in more productive zones than to spends hours analyzing what to send to whom.
Example: Gmail has recently launched a that employs AI to learn typing habits of a user and automatically finish their sentences for them. Such tools should definitely be used to save lots of valuable business time.
Example: uses AI-based Machine Learning technologies to do analytics and predict potential fraud and identify customers at the highest risk and accordingly take proactive action.
Example: Post the introduction of RankBrain, by Google in 2015, many e-commerce websites like Amazon have incorporated AI into their search engines for smart product search. Users can now get similar product suggestions, auto-correct spelling mistakes to help get the right product they are looking for.
Example: Pinterest has ‘Shop the look’ pins for advertisers to list fashion and users can use it to shop specific items from the image. , and this figure is growing exponentially ever since the technology was launched. Google’s Google Lens has a ‘Style Match feature’ which will furnish the search results against the image snapped.
Example: Post like “If you love your skin, Pls don’t buy it ever!!!” #FakeFarenessCream #SideEffects.
This post is an alert to the brand and reaching the customer instantly, understand and resolving the issue will stop to further escalate the negative impact. AI can also sense purchase interest by a potential buyer by analyzing their interaction over the web.Example: A post saying — “Apple iPhone 7 worth a try?” Or “Clicked my selfie with friend’s Oppo F11, so amazing selfies that I now desire to buy one…”. Such posts are your potential buyers who can be easily converted by a personalized discount offer.
AI powdered Machine Learning can help to determine an accurate price for your products based on demand and competition. Talk about Amazon, Airbnb or Uber, they all have leveraged dynamic pricing and have built multibillion-dollar businesses. Marketers can get dynamic pricing based on factors like how much customer is willing to pay, response to offers and deals, price Vs quality comparison, etc. It can also compare the real-time prices of competitors to analyze if the pricing is too high or too low. Dynamic pricing is worth investing and it can transform companies’ fate like never before.
Example: Airbnb has built its high-end dynamic pricing system considering various factors like market demand, location, time to buy, etc. It helps property owners to quote the best price It takes into.
Let’s check out some statistics to understand the power Voice-Based search:
- As per — About 30% of all searches will be done without a screen by 2020.
- As per - Up to January 2019, 45% of US millennials say they regularly use voice search for shopping.
- As per — 76% of people who have smart speakers use voice search for “local” searches once weekly.
- As per 51% of consumers use voice search to find local restaurants.
These were just 10 pointers but there are many, and every business and marketer should explore more about AI and optimize its implementation in Social Media Marketing. Imagine a world where you no longer have to use any physical device, yet you can see and workaround. Online campaigns will be managed automatically, Emails, Posts will be composed and sent to relevant users. Businesses constantly improve their strategy as per data insight and grow exponentially. With AI, all this is not far to achieve. What is currently available is just a glimpse, but AI has much more than this to offer. So begin utilizing artificial intelligence into your social media marketing strategy today to be ahead in the race and shine in the future.Hence there is no looking back, utilizing AI in this field will only lead to increased profits.
By , Digital Marketing Strategist,
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