How marketers can harness AI for competitive advantage...How marketers can harness AI for...

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How marketers can harness AI for competitive advantage Get Tomorrow, Helsinki, October 2019

Transcript of How marketers can harness AI for competitive advantage...How marketers can harness AI for...

Page 1: How marketers can harness AI for competitive advantage...How marketers can harness AI for competitive advantage Get Tomorrow, Helsinki, October 2019 30 year marketing career CEO AI

How marketers can harness

AI for competitive advantage

Get Tomorrow,

Helsinki, October 2019

Page 2: How marketers can harness AI for competitive advantage...How marketers can harness AI for competitive advantage Get Tomorrow, Helsinki, October 2019 30 year marketing career CEO AI

● 30 year marketing career

● CEO AI in Business & Zoodikers

● APPG – Enterprise adoption of AI

● PRCA group chair

Page 3: How marketers can harness AI for competitive advantage...How marketers can harness AI for competitive advantage Get Tomorrow, Helsinki, October 2019 30 year marketing career CEO AI

Business

transformation

Page 4: How marketers can harness AI for competitive advantage...How marketers can harness AI for competitive advantage Get Tomorrow, Helsinki, October 2019 30 year marketing career CEO AI
Page 5: How marketers can harness AI for competitive advantage...How marketers can harness AI for competitive advantage Get Tomorrow, Helsinki, October 2019 30 year marketing career CEO AI

Timing depends on business goals

• By comparison, Econsultancy’s research, conducted with IBM

Watson, predicts a 29 per cent adoption in 18 months

• Innovator or laggard?

• Watching brief on your market and competition

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Sunday Times

May 2019

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McKinsey&Company

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The new

marketing

paradigm

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Brands who have recently

adopted AI for marketing

strategy, predict a

37% reduction in costs

39% increase in revenue

figures on an average by the

end of 2020 alone.

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For traditional

and digital

marketing

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Transforming TV & radio

Channel 4 tested the use of AI to identify

scenes in programs that it could pair with

contextual advertisements

AI has potential to transform the way content is developed, distributed, and monetized

Spott, a startup based in Belgium, uses AI

to drive interactive, transactional revenues

by recognizing and tracking objects in

video advertisements, so consumers can

click on an ad and buy an item directly

Page 12: How marketers can harness AI for competitive advantage...How marketers can harness AI for competitive advantage Get Tomorrow, Helsinki, October 2019 30 year marketing career CEO AI

Transforming TV & radio

Production company Endemol Shine adopted a cloud-based workflow

solution that applies machine learning to the indexing of video files using

text, facial recognition, and related technology, saving hours of manual

data entry and review.

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AI-enabled marketers can:

• Leverage smart scoring to predict each customer’s likelihood to convert

• Use predictive intelligence to segment and build audiences based on likely future actions

• Automatically adapt the journey for each individual customer

• Deliver the best next product, content, or offer — every time

• Send messages at the right time, when a customer is most likely to engage

Page 14: How marketers can harness AI for competitive advantage...How marketers can harness AI for competitive advantage Get Tomorrow, Helsinki, October 2019 30 year marketing career CEO AI

Conversational AI

Conversational AI facilitates brands and businesses to leverage digital assistants, messaging applications, and chatbots for handcrafted communications with customers.

AI assistants can drive human-like conversations at scale whilst maintaining extreme personalization.

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Personalisation and trust

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Unlock data and insights

Increased engagement levels by 500% in 6 months and doubled online orders in 12 months as a result.

“AI as a technology is getting better and better and we can see and measure the return on the marketing content we produce, for example the click-through rate. We can also see who went on to book a table, and then ask the machines how to increase that figure from, say, 10% to 12%. The machine trawls through

the data looking for clues among individuals.”

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Connected customers

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AI in

marketing

disruptors

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CONCURED

iTopic gives you the blueprint to be the

most visible, well known and go-to source

on the topics that are key to the success of

your business.

iTopic

iCreate tells you exactly what to write

about that will cut through the noise,

resonate with your audience, fill their

knowledge gaps, and increase ROI while

reducing content waste.

iCreate

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How can

you

prepare?

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What problem does AI solve?

PROBLEM TO SOLVE HOW CAN AI HELP?

1.

2.

3.

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24

SCORECARD

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Iterate

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Hire or re-skill?

1. Complex Problem Solving

2. Critical Thinking

3. Creativity

4. People Management

5. Coordinating with Others

6. Emotional Intelligence

7. Judgment and Decision Making

8. Service Orientation

9. Negotiation

10. Cognitive Flexibility Via WEF

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Many big

issues to

tackle

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