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Ways AI Oriented Marketing can Enhance Customer Retention
AI-based marketing helps organizations tailor the consumer experience while enabling real-time decisions based on actionable insights gleaned from large volumes of historical and current customer data.
Fremont, CA: AI-based marketing helps organizations tailor the consumer experience while enabling real time decisions based on actionable insights gleaned from large volumes of historical and current customer data.
Artificial intelligence-based marketing uses artificial intelligence to make automated judgments based on data collecting, data analysis, and observations of economic trends that may affect marketing initiatives. AI can employ predictive analysis to find the next best action to deliver to consumers in real-time by gathering customer data from across all of a brand's channels, evaluating it, and utilizing machine learning to improve constantly.
These actions could include sending a targeted email with personalized product recommendations, displaying a web page with products that the customer is likely to be interested in based on previous purchases and browsing history, a chat conversation that consists of the shipping information for a product the customer has purchased, or other personalized interactions.
- Automated Marketing Keeps Data Current Without Intervention
Today, one of the most challenging difficulties for companies is getting buried with data from several channels, such as mobile applications, mobile browsing, shopping, websites, brick-and-mortar shops, customer service inquiries, chat transcripts, email, and mobile voice conversations, search history, and more. Without the assistance of AI, consolidating and staying current with all of that data is nearly impossible.
- AI & Machine Learning Can Predict Consumer Trends
Marketers realize that their marketing initiatives' success is strongly reliant on their ability to forecast customer behavior precisely. AI and machine learning technologies can more correctly forecast customer purchasing patterns and behaviors by evaluating historical data from social media, news, purchase history, feedback, searches, and reviews.
According to a study, client retention focuses on creating individualized experiences - if a business gives a consumer precisely what they want, they are less likely to go to a rival.