Wednesday, April 10, 2019

How machine learning is transforming digital marketing


According to Forbes 84% of marketing organizations are implementing or expanding AI and machine learning in 2018. 75% of enterprises using AI and machine learning enhance customer satisfaction by more than 10%. Machine learning techniques are used to solve a host of diverse problems, and businesses stand to benefit a great deal. But the most important function used by the modern marketing team from Machine learning is finding pieces of predictive knowledge in the waves of structured and unstructured data and using them to your advantage. The ability to respond quickly and accurately to changes in customer behavior is critical in today's world, and machine learning provides that agility by helping identify shifts early.

Machine learning is used to make predictions about customer behavior and create personalized recommendations. It also offers optimization capabilities across channels, including email, mobile and web, via predictive models. The best marketers are using machine learning to understand, anticipate and act on the problems their sales prospects are trying to solve faster and with more clarity than any competitor. Having the insight to tailor content while qualifying leads for sales to close quickly is being fueled by machine learning-based apps capable of learning what’s most effective for each prospect and customer. Machine learning is taking contextual content, marketing automation including cross-channel marketing campaigns and lead scoring, personalization, and sales forecasting to a new level of accuracy and speed.



The combined effect of these marketing technology improvements will increase sales effectiveness in retail and B2C-based channels. Sales Qualified Lead (SQL) lead generation will also increase, potentially reducing sales cycles and increasing win rates.

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