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performance creative

December 8, 2023

8 min read

Leveraging AI to Supercharge Performance

Kathryn Murphy

senior director, performance creative

Dive into the realm of AI-powered marketing transformation. From hyper-personalization to task automation, witness how AI revolutionizes marketing. Explore the advantages of precise audience segmentation and discover the potential to drive growth in the digital landscape through AI-powered strategies.

Leveraging AI to Supercharge Performance Marketing Campaigns and Skyrocket ROI

AI reshaping marketing and sales

AI-Powered Hyper-Personalisation: Elevating Customer Experience and Sales Success

In the realm of customer experience (CX), hyper-personalisation reigns supreme. Crafting content and offerings tailored to individual behaviour, personas, and purchase histories is the key to unlocking accelerated growth.

AI emerges as the driving force, propelling top-line performance by empowering sales teams with crucial analytics and deep customer insights. This enables them to seize demand effectively. Moreover, AI's magic lies in its ability to automate routine sales tasks, granting sales teams more valuable time to engage with current and potential customers while reducing costs (Contentsquare, 2023).

References

Contentsquare (2023). The AI-powered future of customer experience. [online] Contentsquare. Available at: https://contentsquare.com/blog/the-ai-powered-future-of-customer-experience/ [Accessed 20 Sep. 2023].

Automating marketing tasks with AI

One of the key advantages of AI in performance marketing is its ability to automate repetitive tasks. With AI-powered tools, marketers can offload time-consuming and monotonous activities to machines, freeing up valuable time to focus on strategic decision-making and creative aspects of campaigns.

AI can automate content creation by generating personalised recommendations and suggestions based on user preferences and behavior. For instance, chatbots can analyse customer queries and respond with relevant information or recommendations instantly. This not only saves time for marketers but also enhances the customer experience by providing quick and accurate responses.

Another area where AI excels is in personalising marketing campaigns. By analysing vast amounts of data, AI algorithms can identify patterns and trends to create personalised messages tailored to individual customers. For example, email marketing campaigns can be automated with AI tools that segment subscribers based on their preferences or purchase history and send targeted content accordingly. This level of personalisation leads to higher engagement and conversion rates (Deloitte, 2022).

References

Deloitte (2022). How to leverage AI in marketing: three ways to improve consumer experience. [online] Deloitte Slovenia. Available at: https://www2.deloitte.com/si/en/pages/strategy-operations/articles/AI-in-marketing.html [Accessed
20 Sep. 2023].

Automated tasks with AI

To illustrate the impact of automation on marketing tasks, let's look at a few examples:

Cases of AI in marketing

AI has revolutionised the field of marketing by offering numerous use cases that enhance efficiency and drive results. Let's explore some of the key applications of AI in marketing (McKinsey, 2023):

Customer support chatbots

Chatbots powered by AI have become an integral part of customer support strategies for businesses. These virtual assistants can handle a wide range of customer queries and provide instant responses, ensuring round-the-clock availability. By leveraging natural language processing and machine learning algorithms, chatbots can understand customer inquiries, offer personalised recommendations, and resolve issues efficiently. This not only improves customer satisfaction but also reduces response times and frees up valuable resources.

Social media listening

Social media platforms serve as treasure troves of valuable consumer data. AI-powered tools enable marketers to monitor social media conversations, analyse sentiment, and gain insights into customer preferences and opinions. By employing machine learning algorithms, marketers can identify trends, track brand mentions, and gauge the success of marketing campaigns. This information can then be used to optimise messaging, target specific demographics, and refine overall marketing strategies.

Predictive Analytics

AI facilitates predictive analytics by analysing vast amounts of data to identify patterns and predict future outcomes. Marketers can leverage this technology to forecast customer behaviour, anticipate market trends, and optimise their marketing efforts accordingly. By understanding customer preferences and purchase patterns, businesses can tailor their messaging, offers, and promotions to specific segments, resulting in higher engagement and conversion rates.

Content Generation

Creating high-quality content can be time-consuming and resource-intensive. However, AI-powered content generation tools offer a solution by automating the process. Natural language generation algorithms can generate written content such as articles, blog posts, product descriptions, and even personalised email campaigns. This not only saves time but also ensures consistency in tone and style.

References

McKinsey (2023). Marketing and sales soar with generative AI | McKinsey. [online] www.mckinsey.com. Available at: https://www.mckinsey.com/capabilities/growth-marketing-and-sales/our-insights/ai-powered-mar keting-and-sales-reach-new-heights-with-generative-ai [Accessed 20 Sep. 2023].

Benefits of using AI for Audience Segmentation and New Customer Acquisition

The use of AI for audience segmentation and new customer acquisition offers several benefits that directly contribute to driving ROI in performance marketing:

Precision targeting: AI enables marketers to identify highly specific segments within their target audience based on various criteria. This precision targeting ensures that marketing efforts are focused on the most relevant and valuable prospects, increasing the chances of conversion.

Improved campaign performance: By leveraging AI-driven audience signals, marketers can optimise their campaigns in real-time to reach potential customers who are most likely to
convert. This reduces wasted ad spend on irrelevant audiences and maximises the impact of marketing efforts.

Personalisation at scale: AI algorithms can analyse large datasets to uncover individual preferences and behaviours, allowing marketers to deliver personalised experiences at scale. Personalised marketing campaigns have been proven to drive higher engagement and conversion rates.

Cost efficiency: By targeting specific segments within their audience, marketers can allocate their budget more efficiently and effectively. This means they can focus their resources on reaching the most valuable prospects, resulting in a higher ROI.

(Flinders, 2023)

In conclusion, AI has the potential to significantly boost ROI in performance marketing by enabling precise audience segmentation and effective new customer acquisition strategies. By leveraging AI-driven insights and signals, marketers can optimise their campaigns for better results and maximise the impact of their marketing efforts. The combination of AI and performance marketing is a powerful one that can drive significant growth for businesses in today's digital landscape.

References

Flinders, M. (2023). AI in marketing: How to leverage this powerful new technology for your next campaign. [online] IBM Blog. Available at: https://www.ibm.com/blog/ai-in-marketing/ [Accessed 20 Sep. 2023].

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