Artificial intelligence – fullfunnelservices http://fullfunnelservices.com/ Growth Marketing Agency Wed, 22 May 2024 17:47:29 +0000 en hourly 1 AI Marketing in SEO Content Creation http://fullfunnelservices.com/blog/ai-marketing-in-seo-content-creation/ http://fullfunnelservices.com/blog/ai-marketing-in-seo-content-creation/#respond Tue, 21 May 2024 19:36:59 +0000 http://fullfunnelservices.com/?p=13762 If you’re reading this blog, you’re probably curious about AI Marketing, a field that’s quickly changing digital marketing. As technology evolves, so does the approach to SEO content creation. AI Marketing is not just using new tools; it’s changing how we connect and engage with audiences on the internet. This article shows how AI boosts […]

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If you’re reading this blog, you’re probably curious about AI Marketing, a field that’s quickly changing digital marketing. As technology evolves, so does the approach to SEO content creation.

AI Marketing is not just using new tools; it’s changing how we connect and engage with audiences on the internet. This article shows how AI boosts SEO strategies and why it’s becoming crucial for businesses in the digital age.

AI is now a crucial part of digital marketing, helping to create strategies that are both effective and efficient. By using AI, companies can analyze lots of data, predict user behavior, and deliver relevant, timely content that captures the interest of target audiences.

This sets the stage for exploring how AI tools improve SEO content creation, making it smarter and more adaptable to the changing digital world.

The Impact of AI on SEO Content Creation

AI’s impact on SEO content creation is huge and varied. AI helps marketers create keyword-rich content that matches search engine algorithms. Here’s how AI is changing this process:

  1. Detailed Analysis: AI tools analyze existing content and identify successful patterns or gaps in SEO strategies. This capability lets marketers refine their content to better meet SEO objectives, ensuring they optimize every article, blog post, or website page for maximum visibility.
  2. Content Generation: Advanced AI programs like generative AI are now capable of drafting content that aligns closely with specific SEO guidelines. These tools can help with creating headlines, meta descriptions, and content that is optimized for search engines.
  3. Automation of Optimization: AI doesn’t just create content; it constantly optimizes it. This means content can quickly adjust to new SEO trends or changes in search engine algorithms, keeping your digital presence effective without constant human intervention.
  4. Examples of AI Tools in Action: Tools like SEMrush, Ahrefs, and MarketMuse use AI to provide insights on keyword optimization, backlink opportunities, and content quality scores. These tools make SEO easier for marketers and businesses, allowing more people to access high-quality SEO services.

Understanding this, we can start diving into how AI Marketing is a game changer for content creation and SEO.

AI Marketing SEO

Benefits of AI Marketing for SEO

AI Marketing has significantly transformed SEO by making processes not only more efficient but also much more effective. Through the power of artificial intelligence (AI), businesses can enhance their online presence and drive better results. Here’s how AI contributes:

  1. Precision in Keyword Optimization: AI Marketing excels in identifying the most effective keywords. Using AI, businesses can discover and target specific phrases that drive traffic and conversions. This not only improves the visibility of web pages but also increases the chances of attracting relevant audiences.
  2. Content Personalization and Relevance: AI enables personalized marketing at scale. It analyzes user data and behavior to produce content that resonates with individual users or segments. This personalized approach ensures that content is not only relevant but also timely, which is crucial for maintaining user engagement and satisfaction.
  3. Growth in Content Production: With AI marketing tools, companies can produce SEO-friendly content rapidly. AI can write text, suggest topics, and optimize content for search engines, helping marketing teams produce high-quality content quickly.
  4. Enhanced User Experience: AI improves customer experiences by ensuring that users find the information they need quicker. AI-driven SEO helps in structuring content that is easier to navigate and more engaging, which is vital for retaining visitors and reducing bounce rates.
  5. Data-Driven Decision Making: AI’s advanced analytics provide deep insights into campaign performance. Marketing teams can use these insights to keep refining their strategies, ensuring each marketing effort is grounded in data that predicts and aligns with user behavior and preferences.

Businesses can enhance their edge in competitive markets by using AI in their SEO strategies. This can help them establish new benchmarks in user-focused marketing.

Real-World Applications: How AI is Transforming SEO for Diverse Industries

AI marketing is not just a theoretical advantage; it’s actively transforming SEO practices across various industries in real time. From retail to healthcare, companies are leveraging AI to refine their online presence and boost their search engine rankings.

E-commerce

In e-commerce, AI tools look at customer reviews and feedback to improve product descriptions and make them more visible on search engines. By understanding the keywords and phrases customers use, AI can tailor product listings to match what potential buyers are searching for.

This targeted approach significantly increases conversion rates by attracting more qualified leads to websites. Additionally, AI can personalize product recommendations based on individual browsing habits and purchase history, further enhancing the user experience and driving sales.

AI Marketing E-commerce

Travel Industry

In the travel industry, AI systems process and interpret large volumes of data from booking trends to customize offers and content on the fly. AI analyzes patterns such as peak booking times, popular destinations, and customer preferences to create highly targeted marketing campaigns.

This creates content that ranks well and meets the needs and preferences of travelers, improving user engagement and satisfaction. For example, AI can adjust travel package descriptions and highlight relevant features that appeal to different segments of travelers, such as families, solo adventurers, or luxury seekers.

Healthcare

Healthcare is another sector where AI is making significant strides in SEO. Medical institutions and healthcare providers use AI to optimize their online content, ensuring that accurate and helpful health information is easily accessible to patients.

AI tools can analyze patient questions and health trends to create content that answers common concerns, improving search engine rankings and patient engagement. Moreover, AI can help in maintaining the accuracy and relevance of medical content by constantly updating it based on the latest research and guidelines.

AI Marketing for healthcare

Finance

In finance, AI boosts SEO by analyzing market trends and financial data to create useful and relevant content. Financial institutions use AI to optimize blog posts, articles, and reports for search engines, ensuring that potential clients can easily find the information they need.

AI helps finance companies attract more website visitors and gain trust by focusing on popular financial keywords and topics. Additionally, AI can personalize content for different user segments, such as individual investors, corporate clients, or financial advisors, making the information more relevant and valuable.

Real Estate

Real estate companies leverage AI to boost their SEO efforts by analyzing property market trends and customer preferences. AI tools can optimize property listings, blogs, and market reports to ensure they rank high on search engine results pages.

By knowing what buyers and renters want, AI helps real estate firms make content that attracts and engages their audience. This includes optimizing listings with relevant keywords, updating market analysis articles with the latest data, and personalizing content recommendations for users based on their browsing history and preferences.

In summary, AI marketing is changing SEO in many industries by giving real-time insights and strategies that improve online visibility and user engagement. By leveraging AI tools, businesses can create more targeted and effective SEO campaigns that drive traffic, increase conversions, and improve customer satisfaction.

AI Marketing for Real Estate

How We Integrate AI Marketing into Your SEO Strategy

To effectively integrate AI marketing into your SEO strategy, we start by identifying the areas within your SEO processes that require enhancement, such as keyword research, content creation, or link building. Then, we will use AI tools to automate these tasks and give deeper insights into your audience’s behaviors and search patterns.

  1. We will start with AI tools to collect and analyze data on how users interact with your content and site structure.
  2. Utilizing AI-powered keyword tools, we will discover new keywords and phrases that are gaining traction within your target market. These tools can predict shifts in search behaviors, allowing you to adapt your content proactively.
  3. Deploying AI content generators to produce initial drafts of SEO-friendly content is pivotal for this task. These tools maintain a steady stream of content optimized for both keywords and readability.
  4. The final step is to use AI for testing different SEO tactics and automatically applying the best ones to improve your site’s ranking.

By adopting AI into your SEO strategy, we empower your marketing efforts to focus on creative and strategic tasks, leaving the data-heavy lifting to intelligent algorithms that refine and optimize your efforts towards better performance and higher ROI.

Overcoming Challenges in AI Implementation

Implementing AI in marketing strategies presents several challenges that businesses must navigate to harness its full potential effectively.

One of the main challenges is making sure data is high-quality and easy to access, as AI marketing tools need good data to work well. Therefore, maintaining a robust dataset, free from errors and biases, is crucial for the success of AI initiatives.

Another significant challenge is overcoming the skills gap. As AI technology advances, the need for specialized knowledge in AI management and integration grows. Companies often need to train their marketing teams or hire new experts in AI and machine learning.

Moreover, privacy concerns continue to be a top issue as AI marketing strategies often involve handling sensitive customer information. Businesses must adhere to strict data protection regulations to build trust and maintain a positive relationship with their customers.

To successfully overcome these challenges, companies should focus on:

  1. Developing comprehensive data governance policies to ensure data quality and security.
  2. Investing in continuous learning and development programs for their marketing teams.
  3. Employing transparent practices that respect customer privacy and comply with legal standards.

If you join fullfunnelservices, we can make this concerns go away and get every single one of them covered.

The Future of AI in SEO Content Creation

The future of AI in SEO content creation looks bright, with new AI technology always changing how we create and optimize content for search engines. AI will be used more in everyday marketing, giving real-time analytics and insights for better content strategies.

Predictive analytics, an aspect of AI, will play a critical role in identifying future trends and consumer behaviors. This ability lets marketers quickly react to market changes and anticipate them before they happen, giving businesses an edge. AI analyzes large amounts of data to spot trends and predict what consumers want, helping companies adjust their marketing strategies.

Furthermore, generative AI is set to transform the way content is created. With the ability to generate written content that is both SEO-friendly and highly engaging, AI tools will allow marketing teams to produce high-quality content at scale. This will significantly improve SEO performance and conversion rates by ensuring that content is always relevant, timely, and optimized for search engines. AI tools will handle the heavy lifting of content generation, allowing human marketers to focus on strategy and creativity.

In the long term, AI will lead to more personalized marketing experiences, as AI’s capabilities to analyze user data and tailor content become more sophisticated. This personalization will help businesses connect more effectively with their audiences, fostering loyalty and driving growth. Personalized content that speaks directly to the needs and interests of individual users will enhance user engagement and satisfaction, leading to higher conversion rates and better customer retention.

As AI technology evolves, the integration of AI into SEO content creation will not only optimize existing processes but also open new avenues for innovation and strategic marketing. Businesses that embrace these AI advancements will find themselves well-positioned to lead in their respective markets. The ability to leverage AI for real-time adjustments and predictive insights will make marketing strategies more agile and effective.

In conclusion, the future of AI in SEO content creation is bright. Ongoing advancements in AI technology will continue to change how we create, optimize, and personalize content. By staying ahead of these trends and integrating AI into their marketing strategies, businesses can achieve greater visibility, higher engagement, and sustained growth.

Conclusion

AI Marketing is not just a trend but a powerful force that is reshaping SEO content creation across various industries. By leveraging AI tools, businesses can achieve unprecedented levels of efficiency and effectiveness in their marketing strategies. AI drives higher conversion rates, improves customer experiences, and enhances overall engagement in industries from e-commerce to healthcare by producing content optimized for search engines and tailored to meet users’ specific needs.

The integration of AI into SEO practices offers precise keyword optimization, scalable content production, and data-driven decision-making that sets a new benchmark for marketing efforts. By utilizing AI marketing tools, companies can automate repetitive tasks, gain real-time insights, and constantly refine their strategies to stay ahead of the competition.

As we look to the future, the role of AI in SEO content creation will only expand. Predictive analytics will enable businesses to anticipate market trends and consumer behaviors, while generative AI will transform content generation, making it more efficient and impactful. This ongoing evolution underscores the importance of adding AI into your marketing strategy to drive growth and maintain a competitive edge.

fullfunnelservices stands ready to help you navigate this exciting journey. By integrating AI Marketing into your SEO strategy, you can harness the power of advanced technology to achieve higher visibility, better engagement, and sustained success in the digital age. Embrace AI Marketing today to elevate your SEO efforts and ensure your business thrives in a rapidly changing digital landscape.

Stay ahead with AI Marketing, and let fullfunnelservices guide you through the future of SEO content creation. Contact us now!

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5 Mind-Blowing Benefits of AI Marketing http://fullfunnelservices.com/blog/5-mind-blowing-benefits-of-ai-marketing/ http://fullfunnelservices.com/blog/5-mind-blowing-benefits-of-ai-marketing/#respond Tue, 21 May 2024 19:00:17 +0000 http://fullfunnelservices.com/?p=13756 Welcome to the future of marketing, where artificial intelligence (AI) is changing everything, making things more innovative and efficient like never before. AI Marketing is a big influence on how brands connect with customers. It makes marketing more effective and personalized. It’s not just a trendy term, it’s important. This change is driven by the […]

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Welcome to the future of marketing, where artificial intelligence (AI) is changing everything, making things more innovative and efficient like never before.

AI Marketing is a big influence on how brands connect with customers. It makes marketing more effective and personalized. It’s not just a trendy term, it’s important. This change is driven by the use of advanced machine learning and big data analysis in marketing, which helps businesses understand their customers’ preferences and behaviors in detail.

In today’s digital age, with tough competition and high customer expectations, AI gives us the tools to not just meet but surpass these expectations. AI examines large amounts of data and learns from the results, continuously improving marketing strategies and leading to smarter, more effective decisions.

Using AI in marketing brings big benefits, like better targeting and personalizing messages, and greatly improving return on investment by spending money on ads more wisely. As we explore these benefits further, we’ll see how AI is changing the way companies around the world market their products, setting new standards for what they can achieve.

Whether you’re an experienced marketer or a business owner wanting to use AI, understanding these benefits can help you improve your marketing strategies and grow your business significantly.

1. Targeting and Personalization

The rise of AI in marketing has started a new era where businesses not only gather data but also use it smartly to improve customer involvement and loyalty. AI-driven systems analyze a lot of data from customer interactions, such as browsing habits, purchase history, and social media activity.

This information turns into detailed customer profiles that show past actions and predict future behaviors and preferences.

This deep understanding helps marketers create very targeted campaigns that match exactly what their customers need and want. For instance, an AI system can help an online store show products that fit what a customer has bought before and recommend new items by predicting what they might like next.

This method boosts the chances of making a sale and improves the customer’s shopping experience by personalizing it for them.

Furthermore, AI’s capability for real-time data processing consistently updates and refines these personalized recommendations based on the latest customer interactions. This dynamic approach to personalization keeps the marketing efforts highly relevant and effective, adapting instantly to changes in consumer behavior or market conditions.

The impact of such advanced targeting and personalization is significant, leading to marked improvements in key performance metrics. Businesses report higher conversion rates, increased customer satisfaction, and stronger customer retention, all stemming from the delivery of marketing content that resonates more deeply with individual consumers.

By recognizing each customer’s unique tastes, AI marketing not only increases sales but also strengthens the bond between the brand and its customers, leading to long-term success and loyalty.

AI Marketing Targeting

2. Improved ROI with Efficient Ad Spending

AI is changing how companies spend their advertising budgets, making sure every dollar leads to real results. By adding sophisticated machine learning algorithms, AI tools constantly monitor and analyze the effectiveness of various advertising channels and campaigns. This constant evaluation allows for dynamic shifting of budgets towards the most profitable avenues, significantly enhancing ROI.

Numerous industry success stories evidence AI’s ability to reduce wasted expenditure while boosting campaign effectiveness. For example, studies show that digital marketing companies using AI to decide where to place ads have cut the cost of attracting new customers by up to 50% and have also seen a big increase in customer involvement. These results show how AI in advertising can boost profits and improve customer relationships and loyalty.

Furthermore, AI extends its benefits by leveraging predictive analytics to provide businesses with foresight into the potential success of various marketing strategies. This capability allows companies to proactively adjust their marketing efforts, optimizing spending and improving overall work efficiency. Real-time data analysis helps companies spend their money more wisely by focusing on campaigns that are most likely to be successful.

Moreover, AI’s advanced targeting capabilities enable businesses to identify and focus on the most lucrative customer segments. By studying large amounts of data on how consumers behave and what they like, AI systems can create ads that better match the needs and interests of different groups, making these ads more relevant and effective.

Using AI in advertising not only increases the return on investment (ROI) but also improves the way budgets are managed, making them more flexible, thoughtful, and focused on results. Companies that embrace AI-driven advertising strategies can expect not only cost savings but also enhanced market strength and growth.

3. Automating Repetitive Tasks

Artificial Intelligence (AI) has become a cornerstone in transforming the landscape of marketing by automating mundane and repetitive tasks. This includes everything from generating comprehensive campaign reports to conducting intricate customer segmentation and even starting the content creation process.

The automation made possible by AI dramatically frees up human capital. Marketing teams can now shift their attention from everyday tasks to take on more complex and strategic projects that require creativity and smart thinking. For example, AI-driven tools are capable of producing initial content drafts or suggesting fresh content ideas based on current trends and data-based predictions.

This first step helps marketing experts improve and enhance the content, making it more relatable and engaging for the audience.

In practice, the integration of AI in these areas has proven to significantly streamline operations within marketing departments.

A marketing agency used AI to help with creating content and generating reports, and it cut the time needed for these tasks by more than 40%. This optimization has not only sped up the campaign development cycle but also boosted overall productivity, enabling quicker responses to market dynamics and opportunities.

AI can automate repetitive tasks like predicting customer behavior, adjusting programmatic advertising, and personalizing content in real-time. This automation makes sure marketing strategies are not only efficient but also keep up with changing market trends and what customers want, improving the flexibility and success of marketing efforts.

Overall, the strategic deployment of AI in automating routine marketing tasks fosters a more innovative and responsive marketing framework. This shift not only enhances work efficiencies but also empowers marketing teams to focus on creating more impactful, creative strategies that drive meaningful engagement and substantial business growth.

AI Marketing Automatization

4. Gaining Deeper Insights from Big Data

AI in marketing is not just about automation; it’s completely transforming how we understand and interact with big data. AI technologies harness the incredible potential of vast datasets to unearth insights that would otherwise remain obscured. This capability is changing decision-making processes and strategic planning across industries.

Advanced AI marketing tools parse through complex data layers to reveal consumer patterns, preferences, and potential market shifts.

These tools use advanced algorithms, like machine learning and natural language processing, to study data from different sources, such as social media, website visits, customer purchases, and even data from connected devices. This comprehensive analysis helps businesses not only understand what their customers want but also anticipate future needs.

Furthermore, AI’s predictive capabilities are invaluable for forecasting market trends. By analyzing historical data and current market conditions, AI can predict changes with a significant degree of accuracy. This foresight enables companies to stay ahead of the curve, adapting their marketing strategies proactively rather than reactively.

Generative AI, a subset of AI focused on content creation, plays a pivotal role in how marketing teams engage with their audiences. It helps create highly personalized and relevant content that speaks directly to individual consumer needs and preferences.

Being relevant is important for getting people interested and making them more likely to buy. It means marketing messages are not just seen, but effective.

Moreover, AI-driven insights facilitate a more granular understanding of customer journeys. They allow companies to map out the customer experience at every touchpoint, identify bottlenecks, and optimize interactions to enhance overall customer satisfaction. This level of detail helps refine customer personas and target them with unprecedented precision.

In essence, the deep insights garnered from big data through AI not only enhance the effectiveness of marketing campaigns but also transform them into dynamic, consumer-responsive strategies that can significantly alter the competitive landscape. This data-driven approach grounds every marketing effort in solid evidence, thereby maximizing ROI and driving sustainable business growth.

5. Staying Ahead of Market Trends with AI Marketing

AI’s role in forecasting and adapting to market trends offers a substantial competitive advantage. Companies can use AI’s predictive analytics to forecast consumer behavior. This helps them adjust their marketing strategies quickly. The goal is to remain relevant and successful in the market.

Using AI and automation in marketing lets companies analyze data quickly to spot early changes in the market. This capability enables marketers to develop forward-thinking strategies that resonate with the evolving interests and needs of their target audience. For instance, AI tools can study changes in what people talk about on Twitter and Instagram, giving marketers early hints about trending topics or changes in what consumers feel.

Brands can quickly change their content strategy by following trends as they happen, instead of trying to catch up later. AI also enhances the capability to test and refine marketing tactics rapidly.

AI systems use ongoing learning to review marketing experiments as they happen, helping marketers keep what works and get rid of what doesn’t. This approach not only improves the effectiveness of individual campaigns but also accelerates the overall marketing innovation cycle.

Moreover, AI-driven scenario planning can project various future market conditions, allowing businesses to prepare multiple strategic responses. This preparation means companies are not just reacting to market changes but are ready to deploy well-developed strategies that align with different potential market scenarios.

In sum, AI’s ability to parse vast amounts of data and apply its insights to predict and adapt to market trends is transforming the landscape of marketing. Companies equipped with AI capabilities are better positioned to lead in their markets, delivering tailored, timely, and effective marketing messages that anticipate and meet consumer demands.

This strategic advantage is critical in today’s fast-paced, data-driven business environment where staying ahead of trends is not just an advantage, but a necessity for survival and success.

AI Marketing Trends

Conclusion

AI Marketing is not just a technological upgrade—it’s a strategic revolution. The integration of AI into marketing strategies offers unprecedented benefits, from enhanced personalization and targeting to substantial improvements in ROI through efficient ad spending. As businesses continue to navigate a digital-first world, AI provides a critical competitive edge by offering deeper insights, automating routine tasks, and keeping companies ahead of the curve.

As we conclude, it’s clear that AI Marketing and fullfunnelservices are essential allies for any business aiming to thrive in today’s dynamic market. By harnessing the power of AI, companies can transform their marketing strategies, achieving not just incremental improvements but also substantial business growth.

For those ready to embrace this new era, the journey begins by partnering with a leader in AI-driven marketing solutions—Smartboost. By choosing fullfunnelservices, businesses not only equip themselves with cutting-edge AI tools but also gain a strategic partner committed to their success.

Reach out today to integrate AI into your marketing strategy and start reaping the unparalleled benefits that AI has to offer.

About fullfunnelservices

fullfunnelservices: Your Partner in AI Marketing Excellence

fullfunnelservices isn’t just another marketing agency; it’s a pioneer in integrating artificial intelligence to enhance and transform your marketing efforts. At the core of our approach is a commitment to using AI to streamline marketing tasks, enabling your business to reach its full potential with efficiency and precision.

Expertise in AI Marketing: fullfunnelservices is at the forefront of the AI marketing landscape, deploying sophisticated AI tools to craft strategies that are not only reactive but proactive. Our AI solutions handle everything from creating AI-powered content to analyzing complex data, ensuring we optimize every campaign for maximum engagement and effectiveness.

Enhanced Customer Experience: By leveraging AI, fullfunnelservices transforms the customer experience. We use AI to analyze customer interactions and feedback constantly, allowing us to tailor experiences that resonate deeply with your audience. Our expertise in AI personalizes all touchpoints, enhancing customer satisfaction and loyalty.

Proven Results: Our clients enjoy substantial growth thanks to our cutting-edge AI marketing tools and strategies. From increasing conversion rates to significantly improving ROI, fullfunnelservices’s AI-driven approaches make marketing more effective than ever.

Commitment to Innovation: We believe in staying ahead of the curve. fullfunnelservices constantly evolves its strategies to incorporate the latest advancements in AI and marketing, ensuring that your business remains competitive in a rapidly changing digital landscape.

Join Us: Ready to transform your marketing strategy with AI? Contact fullfunnelservices today to learn how our AI marketing solutions can elevate your brand and drive success. Let us help you harness the power of AI to achieve outstanding marketing results.

Discover More: For customer reviews, case studies, and detailed insights into how we’ve transformed marketing for businesses like yours, visit our website or reach out directly.

Partner with fullfunnelservices, where AI meets creativity and strategy.

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How AI Marketing Can Provide Big Revenue? http://fullfunnelservices.com/blog/how-ai-marketing-can-provide-big-revenue/ http://fullfunnelservices.com/blog/how-ai-marketing-can-provide-big-revenue/#respond Wed, 27 Mar 2024 02:51:26 +0000 http://fullfunnelservices.com/?p=13661 In today’s rapidly evolving digital landscape, the introduction of Artificial Intelligence (AI) into marketing strategies is changing how businesses interact with their customers. AI Marketing is helping businesses use data to understand and reach their target customers more accurately. This is leading the way in marketing strategies. Businesses can now connect with their customers in […]

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In today’s rapidly evolving digital landscape, the introduction of Artificial Intelligence (AI) into marketing strategies is changing how businesses interact with their customers.

AI Marketing is helping businesses use data to understand and reach their target customers more accurately. This is leading the way in marketing strategies. Businesses can now connect with their customers in a more effective manner. AI Marketing is changing the way businesses approach their target audience.

In this blog post, we’ll explore how AI Marketing can significantly boost revenue for businesses and why fullfunnelservices is the ideal marketing agency to navigate this journey.

The Revolution of AI Marketing

At its core, AI Marketing leverages machine learning (ML), natural language processing (NLP), and other artificial intelligence (AI) technologies to optimize marketing efforts. AI Marketing tools use large amounts of data to forecast how customers will act, automate tasks, and offer tailored content. This technology is changing the way businesses approach digital marketing.

One of the key benefits of AI Marketing is its ability to improve customer experiences. By understanding and predicting customer needs, businesses can craft marketing strategies that resonate on a personal level. This targeted approach not only enhances customer satisfaction but also drives significant increases in conversion rates and revenue.

Streamlining Operations with AI Marketing Tools

AI-powered tools and technologies offer incredible efficiencies for marketing teams. AI automates routine tasks and optimizes marketing campaigns in real-time, enabling teams to focus on strategic initiatives rather than getting bogged down in day-to-day details. This efficiency saves money and helps businesses react quickly to market changes and customer feedback. It leads to increased revenue through agility and responsiveness.

The Critical Role of Data in Modern Decision Making

In the digital age, data inundates businesses. From customer interactions, sales transactions, social media feedback, to sensor data in manufacturing, every aspect of business operations generates valuable data. This data, when effectively leveraged, can transform decision-making from a gut-feeling approach to a precise, informed strategy. It’s the foundation upon which businesses can build sustainable growth, optimize their operations, and deliver enhanced customer experiences.

AI Marketing - Data

The Process of Leveraging Data for Decision Making

Data Collection and Management

The first step in leveraging data is to accurately collect and effectively manage it. This involves setting up systems and processes that capture data across various touchpoints in a business. It’s crucial that this data is clean, well-organized, and easily accessible for analysis.

Data Analysis and Insights Generation

With robust data collection mechanisms in place, the next step is analyzing this data to generate insights. This involves using statistical methods, machine learning models, and data showing tools to uncover patterns, trends, and correlations within the data. The goal is to move from raw data to actionable insights that can inform decision-making.

Predictive Analytics

One of the most powerful applications of data analysis is predictive analytics. This involves using historical data to make predictions about future outcomes. For example, predictive models can forecast customer behavior, sales trends, or potential workflow bottlenecks. These forecasts enable businesses to anticipate and strategically respond to future scenarios.

Prescriptive Analytics

Beyond predicting future outcomes, prescriptive analytics seeks to determine the best course of action in response to those predictions. It involves using optimization and simulation algorithms to evaluate different decision options and their potential outcomes. This approach helps decision-makers choose the best path forward based on data-driven predictions.

Challenges and Solutions in Leveraging Data

Data Quality and Integration

A common challenge in leveraging data for decision-making is ensuring data quality and integrating data from disparate sources. Solutions include implementing robust data governance policies and utilizing data integration tools that can consolidate and cleanse data from various systems.

Data Privacy and Security

With the increasing importance of data comes the need to protect it. Businesses must navigate the complex landscape of data privacy regulations and implement strong data security measures. This includes encryption, access controls, and regular security audits to protect sensitive information.

Skill Gaps

The effective use of data for decision-making requires specialized skills in data science, analytics, and data engineering. Businesses can address this challenge by investing in training for existing staff, hiring skilled professionals, and partnering with specialized vendors.

AI’s Role in Content Creation

AI’s role in content creation significantly changes how creators think up, create, and share content across various platforms. Artificial intelligence helps creators and marketers produce content quickly. It also allows them to tailor content for various audiences. Additionally, AI enables the creation of fresh and captivating content that holds viewers’ attention.

This segment explores the depths of AI’s impact on content creation, from automating mundane tasks to enhancing creativity and personalization.

AI Marketing - Content Creation

Automating Routine Content Tasks

One of the most immediate benefits of AI in content creation is its ability to automate routine tasks. This involves making reports, summarizing articles, writing news drafts, and doing tasks like video editing or graphic design. Automation allows people to focus on important creative tasks like storytelling and engaging with the audience, instead of repetitive work.

Enhancing Creativity with AI Tools

AI doesn’t just automate; it also acts as a creative partner. Tools powered by AI can suggest content improvements, generate creative ideas, and even produce draft versions of articles, videos, and graphics.

These tools enhance, not replace, human creativity by providing new perspectives and ideas that can lead to innovative content. AI platforms can analyze trends and suggest content topics that will appeal to target audiences. This makes the content more relevant and timely.

Personalization at Scale

AI can personalize content on a large scale, making it one of its most important contributions to content creation. By analyzing data on user preferences, behaviors, and engagement, AI algorithms can tailor content to meet the specific interests and needs of individual users.

This level of personalization increases engagement and loyalty, as audiences are more likely to consume and appreciate content that feels relevant and bespoke. AI is changing how content creators connect with audiences through personalized email campaigns and video recommendations. This technology is reshaping the content experience for both creators and viewers.

Content Optimization for Search Engines

AI tools are important for improving content for search engines, which is crucial for digital content strategy. AI can help creators make content that ranks well in search engines by analyzing search trends, keywords, and competitor content. This includes suggesting relevant keywords, optimizing article structure, and even recommending the best times to publish content for maximum visibility.

AI Marketing - Content Optimization

Generating New Content Forms with Generative AI

Generative AI represents a frontier in AI’s role in content creation. These AI systems can generate textual content, images, music, and even video clips from scratch, based on input parameters or prompts.

The potential of generative AI to produce original content opens up new avenues for creativity and content production, particularly in fields like marketing, entertainment, and education. Generative AI can create images and videos for ads. It can also make educational materials for different learning styles. Additionally, it can produce original music for videos or podcasts.

Ethical Considerations and Quality Control

As AI becomes more ingrained in content creation, ethical considerations and quality control emerge as critical concerns. The potential for AI to generate misleading information, perpetuate biases, or create deepfake content necessitates a careful approach to AI implementation. Creators and businesses must establish guidelines for AI use, ensure transparency about AI-generated content, and implement quality control measures to maintain the integrity and realness of content.

The Future of AI in Content Creation

AI is set to become an even more integral part of the content creation landscape as we look ahead. As AI technologies evolve, we can expect further innovations that will enhance content personalization, creativity, and efficiency. However, the future of AI in content creation also depends on navigating ethical challenges and ensuring that AI serves to enhance human creativity rather than replace it.

Why Choose fullfunnelservices for AI Marketing?

Fullfunnelservices stands at the intersection of creativity, technology, and data science. With a team of growth marketers, designers, engineers, and data scientists, fullfunnelservices uniquely equips itself to unlock the full potential of AI Marketing for businesses.

We use data and AI to help companies grow through digital marketing. We are the perfect partner for businesses wanting to use AI to make decisions. We understand the intricacies of AI Marketing and have a proven track record of delivering results that exceed KPIs and revenue targets.

Conclusion

AI Marketing represents a paradigm shift in how businesses approach marketing, offering unprecedented opportunities to engage customers, streamline operations, and drive revenue growth. By leveraging AI-powered insights and automation, businesses can create highly personalized customer experiences, optimize marketing campaigns, and make data-driven decisions that propel them ahead of the competition.

Fullfunnelservices leads the way in using AI Marketing technology and expertise to maximize marketing potential. With our data-driven approach and commitment to innovation, we are the perfect partner for businesses looking to navigate the complexities of digital marketing and unlock new avenues for growth.

In a world where the only constant is change, AI Marketing emerges as a beacon of opportunity for businesses willing to embrace the future. With fullfunnelservices, your journey towards exponential growth is just beginning. Let us show you how AI Marketing can transform your business and lead you to unprecedented revenue growth.

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Artificial Intelligence (AI) Trends in 2021 http://fullfunnelservices.com/blog/ai-trends-in-2021/ Fri, 27 Nov 2020 00:57:20 +0000 https://staging.smartboost.dev/?p=6756 Artificial intelligence (AI) is a branch of computer science that involves building intelligent machines capable of learning and performing tasks with intelligence as humans do. AI has shown tremendous growth in the past few years, and various fields have already implemented the technology. AI brings transformation to many industries and its contribution is endless.  “Artificial […]

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Artificial intelligence (AI) is a branch of computer science that involves building intelligent machines capable of learning and performing tasks with intelligence as humans do. AI has shown tremendous growth in the past few years, and various fields have already implemented the technology. AI brings transformation to many industries and its contribution is endless. 

“Artificial Intelligence Specialist” is the top emerging job in the U.S. as per LinkedIn’s third-annual Emerging Jobs list for 2020, “Artificial Intelligence Specialist” is one of the fastest-growing careers in the US. Hiring has increased by 74% annually for AI Specialists. 

This growth is significant with the COVID-19 pandemic still taking center stage, as AI serves as a transformation tool for everything, from language to health to digital platforms. Artificial intelligence, machine learning, and natural language processing all play roles in saving lives, businesses, and jobs worldwide. We expect to see even more AI transformations in the coming year. 

As humans, we are the only animals on the planet who can think and act, which is why researchers and scientists are trying to artificially inculcate this unique power in machines to make humans’ jobs easier. Let’s discuss some AI trends we can expect to see in 2021.

Sign telling people to social distance

AI and COVID-19

Artificial intelligence shows tremendous growth and a solution-oriented approach in the health industry. 2020 is the year of the COVID-19 pandemic across the globe and AI has come to the rescue in various areas, including:

COVID-19 Detection AI

Artificial intelligence has helped doctors identify possible matches for COVID-19 symptoms by allowing them to take a sample and confirm infection. Doctors were then able to quickly and efficiently treat the patient and avoid human interaction, therefore limiting the spread of infection.

Information and Location-Based AI Apps

Many companies launched location-based apps based on artificial intelligence that provided information regarding COVID-19 infected areas near the user. 

This interactive map allows users to see real-time infections in their areas so they can avoid highly-infected areas.

Identifying Mask Violators through AI

AI-based systems have been installed in airports, hospitals, and public places and use computer vision to identify people not wearing face masks. It’s easy to identify mask violators using AI without any human presence.

AI for Vaccine Development

AI plays a big role in COVID-19 vaccine development.

The teams at the Allen Institute for AI and Google DeepMind are studying and researching the protein structure associated with the novel coronavirus. It usually takes many years and sometimes decades to develop a vaccine, but artificial intelligence is helping scientists better understand virus structure and therefore develop and test a vaccine faster than usual.

With this knowledge, AI could also help us understand future pandemics in advance.

AI & Working Remotely

Some people think that aI is taking away our jobs, but really AI is creating many more new jobs because it changes the way we work. With COVID-19 driving more people to work from home, AI systems make remote work more efficient.

There are many machine learning programs that can help manage work and monitor employee performance remotely. These performance analyses are easier, quicker, and more accurate thanks to AI. In addition, intelligent systems can make finding the right candidate for a job easier and quicker, therefore saving businesses money on recruiting costs. 

Lastly, today’s AI systems help solve our data security issues as we work remotely.

OpenAI sign
Image credit: VentureBeat

OpenAI’s GPT-3 AI model

Researchers have been working on the natural language processing (NLP) area of artificial intelligence for a long time and in 2018, a pre-trained BERT language model by Google caused a stir. In 2020, the latest development in the field of NLP was the OpenAI’s GPT-3 model, which can produce text just like humans do.

GPT-3 is a generative pre-trained transformer API used to perform language tasks like semantic search, summarization, content generation, sentiment analysis, translation to different languages and more.

Both BERT and GPT-3 take giant leaps toward the transformation of AI for textual data analysis, such as:

Semantic Search

The API searches over documents based on the contextual meaning of queries rather than just keyword matching. The user gets relevant answers to queries using the API.

Chat

Many companies are using this API to create fast, complex, and natural chatbots. It can generate dialogue that covers a range of topics, including travel, space, history, food, and more. Check out the screenshot below to see an example:

Growth Marketing Agency Pasted File at December 8 2020 3 03 AM 1
 Source: https://beta.openai.com/

Automated call center management systems can be easily implemented using the GPT-3 AI model in 2021.

Content Creation

The API can generate complex, consistent, and natural-sounding content and can be used to create creative content like a content writer.

Productivity Tools

This API can be used as a productivity tool and can summarize emails, discussions, and can input text into spreadsheets. Your office job just got easier!

Growth Marketing Agency Pasted File at December 8 2020 3 04 AM 1
Source: https://beta.openai.com/

Language Translation

Currently, the API works best in English, but it also works quite well in other languages. The API can be used for tasks such as translating text into different languages or chatting with users in their preferred language.

OpenAI’s GPT is the future of artificial intelligence because it’s a single tool for multiple natural language tasks.

Augmented reality on tablet

AI-Driven VR, AR, and XR Systems

Virtual reality (VR) combined with artificial intelligence (AI) help meet the growing needs of extended reality (XR) powered mobile devices that are increasing in popularity. These devices deliver immersive audio, visuals, and interaction across entertainment, gaming, education, industrial applications, and more.

Virtual Reality (VR)

Virtual reality has been around for some time now, so it was just a matter of time before it combined with AI to create a whole new experience. When you’re immersed in a VR game or application, you feel like you’re part of that virtual environment. You can feel like you’re on a tour with dinosaurs, on a rollercoaster, in the forest, or even in the office!

Oculus Rift was the first truly immersive virtual reality headset for video games. Afterward, many companies launched their own VR headsets, including HTC, Google, Apple, Amazon, Microsoft, Sony, Samsung, and more.

Virtual Reality with AI is the future of the travel and tourism industry. Artificial intelligence merges with VR will give a unique shopping and entertainment experience.

Augmented Reality(AR)

Augmented Reality means overlaying virtual content (computer-generated content) on top of the real world. For example, you can see how a dining room table is going to look in your space before you buy it by using an AR application. 

One of the most popular AR mobile games was Pokemon GO and without AI, this game wouldn’t have been possible. Computer vision, a subset of AI, is behind the success of the game. 

2021 will be the year of AI-augmented systems. We will experience AI-capable augmented systems like ERPs, the Internet of Things (IoT), Communication Systems, and even Blockchain solutions.

Extended Reality(XR)

Extended Reality is an umbrella under which Virtual Reality, Augmented Reality, and Mixed Reality (MR) come together. 

Many companies like Qualcomm, Microsoft, and VisonX are working towards making a sleek XR headset that will transform everyday consumer experiences in many market verticals, from industrial manufacturing and healthcare to education and retail.

Together, AI and XR will transform all of your screens in 2021. They can create intelligence that’s always connected to the Internet of Things, meaning that things like smart home devices will become more popular.

The proliferation of AI with extended reality is the future of technology in 2021. It will impact our day to day lives, from how we shop to what we eat to what we do for entertainment. 

Example of a phone using face biometrics

AI-Driven Biometric Security Solutions

Biometric security solutions are smart, but AI makes them smarter. In 2021, the power of AI will make biometrics security solutions efficient, accurate, and more approachable. Many companies like Facebook, Google, Apple, and Yahoo! are implementing AI-driven biometric security solutions, including:

Fingerprint Biometric

Fingerprint biometrics analyze a user’s fingerprint to confirm their identity. Nearly all smartphones today have the ability to use fingerprint scanning for biometric security.

Voice Biometric

Voice biometrics identify a user based on their voice and work with a person’s unique “voiceprint.” Voice biometrics are a great adaptation of NLP and we’re already seeing them in devices like the Amazon Echo, Apple HomePod, and Google Home.

Face Biometric

Face biometrics use face recognition algorithms to identify a user’s face based on their nose width, height, eyes shape, chin, and jawline. In fact, these algorithms are so smart, they can’t be fooled with a photograph and don’t work when your eyes are closed (for security purposes). They also work in the dark, with sunglasses on, with a hat on, and other superficial changes in appearance. 

Iris Biometric Scans

Iris biometric scans detect the specific features of the iris, which is unique to every individual. They’re going to be the future of AI in 2021 because they are extremely secure and the iris is a complex feature to analyze.

Conclusion

In the last decade, we have experienced so many intelligent systems, applications, and games thanks to machine learning and AI algorithms. In 2021, we will see this technology continue to adapt and create new opportunities for both humans and machines.

 

 

 

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How to Implement Emotional Intelligence Using Opinion Mining http://fullfunnelservices.com/blog/emotional-intelligence-using-opinion-mining/ Fri, 04 Sep 2020 16:00:48 +0000 https://staging.smartboost.dev/?p=5733 Watch Video As humans, we can easily identify emotions in face-to-face conversations, written text, videos, and images. But what if machines could analyze emotions in the same way, and understand the sentiments behind these facial expressions? Well, they may be able to.  Here, we will explain what sentiment analysis is and how machine learning uses […]

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Watch Video

As humans, we can easily identify emotions in face-to-face conversations, written text, videos, and images. But what if machines could analyze emotions in the same way, and understand the sentiments behind these facial expressions? Well, they may be able to. 

Here, we will explain what sentiment analysis is and how machine learning uses it to help with emotion detection. 

Graphic of emotions for emotional intelligence

What is Opinion Mining (or Sentiment Analysis)? 

Opinion mining, or sentiment analysis, is the field that analyzes human sentiments in various mediums of expression. It refers to the process of identifying and categorizing opinions computationally which are expressed as text, visual, or audio. 

Sentiment analysis seeks to analyze a person’s attitude towards a particular thing, topic, or product. Opinion mining is one of the most popular research areas in natural language processing and the demand for this service is increasing as people are expressing more opinions on social media, blogs, review sites, forums, and more. 

Sentiment analysis works by examining the six basic emotions: happy, sad, angry, surprise, fear, and disgust. It then labels these emotions as positive, negative, or neutral.

Different Types of Sentiment Analysis

Sentiment analysis applies to almost all businesses because it comes in many different forms. Let’s look at some of the most common types of sentiment analysis. 

Textual Data

In an age of digital media, we are constantly surrounded by text on social media, messaging platforms, blogs, review sites, forums, and more. With textual data analysis, we can analyze the sentiment of users. 

For example, if a user leaves a review for an instant coffee brand with the headline “instant cup of joy at its best,” sentiment analysis can determine that the review is positive. Negative or neutral reviews can also be classified. 

Visual Data

Gone are the days of film cameras and developing pictures. Today, everyone has a smartphone and we click approximately 1.8 billion images every day. Sentiment analysis can examine these images and determine feelings, moods, and emotions fro facial expressions in the picture. 

Audio Data

During a conversation, we can easily recognize a person’s emotions using tones and speech patterns. Machine learning can do the same thing by analyzing sentiments using audio data. Areas of audio data sentiment analysis include automatic speech recognition, automated customer care calls, and other audio from social media.

Sentiment analysis

The Benefits of Sentiment Analysis

Sentiment analysis is important for businesses because it can be a checkup on your current customers and new leads. Your customers are people, too, and their beliefs, decisions, actions, and behaviors are all good indicators of their emotions toward your company. 

You can use data from your customers’ social media profiles, blogs, and Internet engagement about certain topics to gain an understanding of their sentiments. From there, you can determine which business decisions make sense and which don’t.

For example, imagine that a company launches a new product. Initially, sales are outstanding but they eventually drop. The marketing team wonders what to do to fix the issue. After analyzing product reviews, posts, and conversations about the product, and other information, they learn that there is a small bug that is frustrating customers. They can then take this information to revise the product and increase sales. 

How Does Machine Learning Help with Sentiment Analysis?

Using machine learning algorithms, software can predict emotions (sometimes even better than humans!). These emotion detection processes are divided into two main categories: feature extraction and feature classification. 

Feature Extraction for Emotion Analysis

Because machine learning algorithms work with concepts if linear algebra and statistics, we have to convert text into numerical data. Machines working with text data is called Natural Language Processing. There are various algorithms to help extract these features from text data.

Bag of Words 

Bag of Words is creating a set of unique words from the complete text data, called a corpus. The corresponding vector is created for each document based on the presence of the word and how many times it appears.

Lets, take a sample of 12 twitter comments and their corresponding emotions:

Text Emotion
I am just so bitter today Anger
Yuck! So creepy Disgust
That’s what I’m afraid of! Fear
Oh! You planned a surprise party for me! Surprise
When we give to others happily, everyone is grateful Happy
The world depresses me Sadness
I don’t talk about politics because people get offended Anger
We have dark, depressing winters Sadness
Wow! What wonderful weather Surprise
I’m nervous for my big test Fear
Ew! Why are you spitting? Disgust
Today is easy, breezy, and beautiful Happy

We can then use CountVectorizer in scikit-learn to create Bag of Words in Python.

#Import required libraries:

import numpy as np

import pandas as pd

from sklearn.feature_extraction.text import CountVectorizer

#Create the dataframe for analysis:

d = {‘Text’: [‘I am just so bitter today’, ‘yuck!So creepy’],

     ‘Emotion’: [‘anger’, ‘disgust’]}

sample_data = pd.DataFrame(data=d)

 

#Create a CountVectorizer object

count_vect = CountVectorizer()
count_vect.fit(sample_data[‘Text’])

#Show the features
print(“Feature names “, count_vect.get_feature_names()) 

#Show the bag of words output:

print(“Bag of words “, count_vect.fit_transform(sample_data[‘Text’]).toarray())

You can see that we created a Bag of Words for two documents with seven unique words. These are also called unigrams.

>>Feature names  [‘am’, ‘bitter’, ‘creepy’, ‘just’, ‘so’, ‘today’, ‘yuck]

>>Bag of words  [[1, 1, 0, 1, 1, 1, 0],

                 [0, 0, 1, 0, 1, 0, 1]]

And the vectors created for those two documents look like:

[1, 1, 0, 1, 1, 1, 0], Here, 1 is for words ‘am’,’bitter’, ’just’, ’so’ and ‘today’
[0, 0, 1, 0, 1, 0, 1], Here, 1 is for word ‘creepy’, ‘so’ and ‘yuck’

We can also create bigrams from the text to take conductive words into consideration:

count_vect = CountVectorizer(ngram_range=(1,2))
final_bigram_counts = count_vect.fit_transform(sample_data[‘Text’])
print(“Feature names “, count_vect.get_feature_names())

Unigram and Bigram features together: 

>>Feature names  [‘am’, ‘am just’, ‘bitter’, ‘bitter today’, ‘creepy’, ‘just’, ‘just so’, ‘so’, ‘so bitter’, ‘so creepy’, ‘today’, ‘yuck’, ‘yuck so’]

TF-IDF (Term Frequency- Inverse Document Frequency)

In the Bag of Words approach, we give equal weight to each word. The idea behind the TF-IDF approach is that high-frequency words will be weighted less and low-frequency words, like “yuck” or “creepy” will be given more weight. 

TF-IDF is a combination of two terms, Term Frequency and Inverse Document Frequency. They can be calculated as:

TF-IDF= TF * IDF
TF  = (Frequency of a word in the document)/(Total words in the document)
IDF = Log((Total number of documents)/(Number of documents containing the word))

We have TfidfVectorizer in scikit-learn to create TF-IDF features in Python:

from sklearn.feature_extraction.text import TfidfVectorizer

tf_idf_vect = TfidfVectorizer()
TFIDF_data = tf_idf_vect.fit_transform(sample_data[‘Text’])

print(“Feature names “, tf_idf_vect.get_feature_names())

print(TFIDF_data.toarray())

The features created are:

>> Feature names  [‘am’, ‘bitter’, ‘creepy’, ‘just’, ‘so’, ‘today’, ‘yuck’]

And the TF-IDF vectors created for the documents are:

>>

[[0.47107781, 0.47107781, 0.        , 0.47107781, 0.33517574, 0.47107781, 0.        ],
[0.        , 0.        , 0.6316672 , 0.        , 0.44943642, 0.        , 0.6316672 ]]

We can see that in the last vector, more weight is given to the words “creepy” and “yuck” compared to other words.

Singular Value Decomposition(SVD)

In many cases, text data is highly-dimensional, cumbersome, and it takes time to go through this data. SVD is a technique used to reduce the dimensionality of textual data. The idea behind dimensionality reduction is identifying a linear combination of features that have maximum variance and are mutually uncorrelated, such that most of the information remains intact.

We have decomposition.TruncatedSVD library in scikit-learn to implement SVD.

from sklearn import decomposition
t_svd= decomposition.TruncatedSVD()
t_svd.n_components = 2
svd_data = t_svd.fit_transform(bow_counts.toarray()) #bow_counts is bag of words of 12 commentsprint(“shape of train data = “, bow_counts.shape)
print(“shape of truncated svd = “, svd_data.shape)

Using SVD, data with 70 dimensions is reduced to two dimensions:

>>shape of train data =  (12, 70)
>>shape of truncated svd =  (12, 2)

An output of two dimensions will be like this:

[-1.03497938e-15, -1.28914109e-15],
[ 5.62409454e-16, -3.25668491e-16],
[-4.18895299e-17, -6.37741870e-16],
[ 1.38039707e-16,  1.00030919e-16],
[ 1.05391628e+00, -1.41421356e+00],
[ 3.30717793e-16,  4.34989081e-16],
[ 5.26958140e-01,  2.82842712e+00],
[ 4.03297502e+00,  6.11624764e-15],
[-1.06233812e-15, -7.13708706e-16],
[ 6.23413241e-16, -2.94874484e-15],
[ 5.46559737e-16,  3.48944877e-16],
[ 1.67710377e-16, -5.28774143e-16]

Feature Classification for Emotion Analysis

After feature extraction, we apply different machine learning algorithms for feature classification. We are implementing Logistic Regression, Random Forest, and Neural Networks for classification.

Logistic Regression

Let’s apply logistic regression on Bag of Words using the LogisticRegression library of scikit-learn:

from sklearn.linear_model import LogisticRegression
model_lg = LogisticRegression()
model_lg.fit(final_counts, sample_data[‘Emotion’])

Next, let’s do some prediction for a new text comment:

Y = count_vect.transform([“you are sick”])
print(model_lg.predict(Y))

>> Output: [‘disgust’]

Y = count_vect.transform([“no one cares”])
print(model_lg.predict(Y))

>> Output: [‘sadness’]

Logistic Regression predicts the new text very well.

Random Forest

Let’s apply the Random Forest algorithm on TF_IDF features using the RandomForestClassifier library of scikit-learn:

from sklearn.ensemble import RandomForestClassifier
rf_clf = RandomForestClassifier()
rf_clf.fit(TFIDF_data, data[‘Emotion’])

Let’s do some prediction for a new text comment:

Y = tf_idf_vect.transform([“i am afraid of change”])
print(rf_clf.predict(Y))

>> Output: [‘fear’]

Y = tf_idf_vect.transform([“wow beautiful flowers”])
print(rf_clf.predict(Y))

>> Output: [‘happy’]

Random Forest Classification is able to correctly predict new text.

Neural Networks

Neural networks work like our brain cells and the results of neural cells are amazing. We generally have huge datasets with many features.

Like we saw in the feature extraction section, in only 12 comments, we got 70 unique features. Imagine how vast data with millions of comments would be. For such a big data set, neural networks work very well for feature classification. They improve the performance of the model.

Below is a sample code of neural network using Keras:

from keras.models import Sequential
from keras import layers

input_dim = final_counts.shape[1]  # Number of features

model = Sequential()
model.add(layers.Dense(10, input_dim=input_dim, activation=’relu’))
model.add(layers.Dense(1, activation=’sigmoid’))model.compile(loss=’binary_crossentropy’, optimizer=’adam’, metrics=[‘accuracy’])model.summary()model.fit(final_counts,encoded_y,epochs=10, batch_size=16)

We must implement this neural network code to the whole data set to analyze the performance and results.

The Future of Emotional Intelligence

In the above section, we have implemented an emotion analysis of textual data. Similarly, we can implement an emotion analysis of images and voice data. Let’s look at some use cases of these analyses in action.

Facial Expression Recognition

Machines can now read facial expressions in images, as well. Face detection and facial expression recognition can be implemented using deep learning techniques.

Speech Recognition

Artificial intelligence can also analyze our speech patterns. Devices like the Amazon Echo, Google Home, and Siri analyze our speech and take action according to what we say. Deep learning techniques like recurrent neural networks are widely used for speech recognition.

Sentiment analysis of speech can be done on phone conversations, customer care calls, voice search applications, and more. This analysis can help businesses grow as they learn to understand the emotions of their customers. 

There is no limit on what can be done with machine learning and artificial intelligence on emotion analysis in the future.

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Why Companies Need to Implement a Data & AI Culture http://fullfunnelservices.com/blog/data-and-ai-culture/ Fri, 21 Aug 2020 15:37:14 +0000 https://staging.smartboost.dev/?p=5657 Imagine being the captain at the helm of a ship. You close your eyes and point blindly, using only your gut to guide you. Seems risky, right? If you’re solely relying on your instincts to make business decisions, craft marketing campaigns, and write sales copy, you’re pretty much running your company or department the same […]

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Imagine being the captain at the helm of a ship. You close your eyes and point blindly, using only your gut to guide you. Seems risky, right?

If you’re solely relying on your instincts to make business decisions, craft marketing campaigns, and write sales copy, you’re pretty much running your company or department the same way.

Today we’re talking about data and AI, and how it can reshape your business. But first, you’ll need to get others on your team (your crew, as it were) on board.

Woman looking at data

Source: Experiments with Google

What is an AI-Powered Organization?

An AI-powered organization is an organization that uses artificial intelligence and other data-mining tools to benefit themselves and their customers. There is so much data to gather, analyze, and act on. Even though a data-driven method is more involved, it is the right long-term direction for strategic businesses.

Let’s dive into some tips for implementing a data- and AI-focused culture within your company.

Companies implementing data and Ai culture

Tips for Creating an AI-Powered Organization

Whether you’re the “data champion” at your company, or you’re completely starting from scratch, below are some tips for incorporating data and AI into your culture.

Find and Extract the Right Data

As we mentioned earlier, one of the most common challenges is that there’s too much data available. If you’re using several channels—paid, organic, social, etc.—you’ll often be inundated with data from each platform or tool that you use. For the uninitiated, it can take hours, days, or even weeks to go through it all.

Instead, take a step back and get back to the basics. At the end of the day, what are you trying to achieve? Your end goal will typically be conversions or sales. That is, things that make your company revenue.

Then, focus on channels and specific campaign goals. What matters most to your business right now? It could be the number of users, the lifetime value or retention of those users, your win rate, or the average order value. If you’re in the early stages of your company, your goal could be as simple as understanding your buyers’ demographics. Knowing what you want to achieve will help you decide which data is essential and which you can ignore (for now).

Use the Right Tools

Next, think about which tools you’ll need to gather the data you want. It can be tempting to purchase every tool under the sun, but that’s not always the right strategy.

Complete an audit on the tools you’re currently using and decide which ones give you valuable data. If you’re starting from scratch, do your research to find the tools that will work. Google Analytics is a great tool to start with (and an easily accessible one, at that), but you may need to find a more specific tool depending on your goals. If you’re doing a lot of work on your organic social channels, for example, you may need to invest in an automatic scheduling tool.

Consider your team part of your toolset, too. In addition to investing in tools, invest in employees who are proficient in collecting and analyzing data. Big companies have entire departments dedicated to these tasks. Smaller companies can make tech work for them or partner with a data-driven agency to fill in the gaps.

Train Your Team Well

Finally, make sure your team understands how to use the data correctly. Depending on their expertise level, this may take some ongoing training. Commit to this training and don’t give up. Your team needs to understand the importance of data and how to validate their ideas and work with the data to make smarter campaign decisions.

A big part of this is making sure your team understands the departmental and company goals. A content manager, for example, might be focused on monitoring organic traffic. But the overarching goal of that traffic is conversions. Make sure your managers never lose sight of this vital point!

At fullfunnelservices, we hold daily meetings to discuss agency updates, client successes, or our favorite restaurants or recipes. Many of these discussions center around data and we do exercises to practice. For example, we’ve created data visualizations about our Myers-Briggs personality types, favorite colors, and more.

Tagline for data driven agency

Why Work With an AI-Powered Marketing Agency?

If you’re not confident in your tools, team, or insights, know that you’re not at a loss. This is where working with a data- and AI-powered marketing agency can help.

Here are a few more reasons why committing to data and partnering with the right agency will transform your organization:

1. You’ll Drive Better Results

Sure, making educated guesses can sometimes work. If you have a solid audience persona in mind, you can use your gut to think of content topics to cover and specific keywords. But better data will always take you further. As you examine this data, you’ll start to see clear trends that you can blend with creativity to ideate your next campaign.

CTA driving to data science case studies

2. You’ll Set Better Targets

Moreover, getting to those results will be a smoother road to begin with. With a data-driven marketing strategy, you can confidently estimate what you can expect from a campaign or tactic, and when you can expect it.

Instead of setting a vague goal like “increasing traffic,” you can craft more specific and time-bound goals (e.g. “In Q4, we want to increase organic traffic by 25%”). To do this, you can look at historical data in tools like Google Analytics to see how you’ve trended over the past couple of years, accounting for things like seasonality.

3. You’ll Be Able to Adapt Quicker

The marketing industry today is all about agility and thinking quickly, and data helps you get there. Whether you’re monitoring what your competitors are up to or studying your own tactics, keeping an eye on the data enables you to make quick decisions. You’ll see what’s working and what’s not in real-time, allowing you to pivot when needed.

This data is especially crucial for fast-moving tactics like AI-powered paid campaigns. Instead of waiting until the campaign ends and realizing you’ve wasted budget on copy or images that weren’t resonating with your audience, you can tweak or scrap what’s not working right away. Combined with AI, like the way Facebook automatically shifts spend on your behalf, this process gets even smoother.

4. You Can Separate Facts From Opinions

Finally, data helps you separate facts from opinions. Clear numbers don’t lie, so they’re hard to argue with! It’s as simple as that.

Contact Us for Your Data Needs

Ready to join the next level of marketing, with a data-focused mindset? At fullfunnelservices, we’re here to help. We thrive on turning data and creativity into growth for our clients and delivering real results that matter. Connect with us today and start your digital transformation!

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Why Companies Need To Implement A Data & AI Culture nonadult
Deep Learning vs Neural Network: What’s the Difference? http://fullfunnelservices.com/blog/deep-learning-vs-neural-network-whats-the-difference/ Tue, 07 Jul 2020 21:13:08 +0000 https://staging.smartboost.dev/?p=4468 In today’s world of data-driven marketing, machine learning, neural network, and deep learning technologies are starting a revolution. They help marketers understand data and build practical Artificial Intelligence applications. Although the terms “deep learning” and “neural networks” have been used interchangeably, it’s essential to understand their similarities and differences. Let’s look at what both of […]

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In today’s world of data-driven marketing, machine learning, neural network, and deep learning technologies are starting a revolution. They help marketers understand data and build practical Artificial Intelligence applications.

Although the terms “deep learning” and “neural networks” have been used interchangeably, it’s essential to understand their similarities and differences. Let’s look at what both of these terms mean and show examples of both in real-life scenarios.

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What are Neural Networks?

The human brain is considered the most complicated object in the universe. This theory is partly due to the brain’s neural network, or how our biological nervous system processes information. The neural network is composed of many highly interconnected processing Neurons working together to solve a specific problem. The neural network is also responsible for breakthroughs in complicated machine learning problems.

The basic unit of computation in the neural network is a Neuron. Neurons take input, process it through multiple Neurons in multiple hidden layers, and produce output through the output layer.

Let’s explain Neurons further.

Neurons

Biological Neurons are the fundamental units of the brain and nervous system. The cells are responsible for receiving sensory input from the external world via dendrites. They then process this sensory input and give the output through Axon terminals.

Biological Neurons inspire the general model of the neural network in machine learning. This model is called a Perceptron.

Perceptron

A perceptron is a single layer neural network that gives a single output. The image below shows a model of Perceptron:

Graphic depicting a perceptron

In the above figure, perceptron, x0, x1, x2, x3…xn represents various inputs (independent variables). Each of these inputs is multiplied by weights, which are represented as w0, w1, w2, w3….wn.

In the Perceptron, the products of inputs and weights are summed and fed to an activation function to generate an output.

Activation Function

The activation function introduces non-linear properties in a neural network. This helps us understand the complicated relationship between input and output. There are many activation functions, such as sigmoid, tanh, relu, etc.

Graphic of neural network with two hidden layers

How Does a Neural Network Work?

There are many hidden layers in a neural network. The figure above shows an example of two hidden layers. Perceptron with multiple hidden layers is called Multilayer Perceptron (MLP).

Let’s explain how neural networks work:

1. Forward Propagation

Neural networks take in several inputs (as we see in the above image). They also initialize weights at this step. The neural network then processes this information through multiple Neurons from multiple hidden layers and returns the result using an output layer. This output estimation process is known as Forward Propagation.

2. Compute Loss

Next, the neural network compares the predicted output to actual output. The task is to make the predicted output of the network as close to the actual output as possible. Each of these Neurons is contributing some error to the final output. The neural network calculates and attempts to minimize loss at this step.

3. Backward Propagation

To minimize the loss, weights that are contributing to the loss need to be updated. While traveling back to the Neurons of the network, all the derivatives across activation functions are calculated using the chain rule, and weights are updated accordingly. This process is known as Backward Propagation.

4. Gradient Descent

Backward Propagation is only possible if the activation function is differentiable. To minimize the loss, the neural networks can use several algorithms, but the most common algorithm is Gradient Descent, which helps optimize the task quickly and efficiently.

5. Learning Rate

The learning rate decides how quickly or slowly you want to update the weights of the model.

6. Epoch

Passing all input data through Forward Propagation and Backward Propagation once makes one epoch. To reach convergence, input data must go through many epochs.

Neural Networks in Real-Life Situations

With the advancement of computer technologies and artificial intelligence, the digital world has undergone a massive change. There are many practical uses for neural networks. Here are some:

  • Banking: Credit card attrition, credit and loan application prediction, fraud, and risk detection
  • Business Analytics: Customer behavior modeling, customer segmentation, attrition rate, churn prediction
  • Education: Education system analysis and forecasting, student performance modeling, and personality profiling
  • Financial: Corporate bond ratings, corporate financial analysis, credit card use analysis, currency price prediction, loan advising, market analysis
  • Health Care: Cancer diagnosis, ECG and EEG analysis, cardiovascular system modeling and diagnosis, Biochemical Analysis

Here is an example of image processing and character recognition at work:

The neural network plays a significant role in fraud detection in banks. We train networks to decipher and convert handwriting on checks into text using image processing. This character recognition of handwriting and signatures helps prevent fraud.

Deep Learning (Deep Neural Networks)

Now that we understand neural networks, we can discuss deep learning and how it differs.

Deep learning is a deep neural network with many hidden layers and many nodes in every hidden layer. Deep learning develops deep learning algorithms that can be used to train complex data and predict the output.

Graphic of deep learning with hidden layers

Traditional machine learning can easily create a prediction for structured data when feature engineering is done beforehand.

But with the increase in unstructured data (text, images, videos, voice) in today’s digital world, feature engineering with a good model is very difficult and time-consuming. A deep learning network solves this problem.

Deep learning networks do both manual feature engineering and the network learns by itself. This ongoing process is why it becomes more efficient over time.

Person playing Go board game

AlphaGo by DeepMind: An Example of a Deep Learning Network

AlphaGo by DeepMind is the first computer program to defeat a human at the abstract strategy board game Go.

In October 2015, AlphaGo played its first match against the three-time European Champion, Fan Hui, and won 5-0.

In March 2016, AlphaGo competed against legendary Go player Lee Sedol, a 9 dan ranked professional Go player and the winner of 18 world titles. AlphaGo and Sedol played five games and AlphaGo won 4 out of 5 of them. Two hundred million people worldwide tuned in to witness this historic event.

With those wins, AlphaGo earned a 9 dan professional ranking, the highest certification in Go. This was the first time in history that a computer program received such an accolade.

AlphaGo played several inventive winning moves during the games, several of which were so surprising because we thought they needed years of experience to execute. Go Players of all levels have extensively examined these moves since then.

Deep Learning Applications

There are many things that deep learning networks can help create. Some examples include:

  • Computer Vision
  • Chat Bots
  • Self Driving Cars
  • Music Generation
  • Speech Recognization
  • Human Activity Recognition
  • Semantic Search Engine
  • Coloring Illustrations
  • Automatic Game playing

Deep Learning in Marketing

Let’s discuss an example of Deep Learning in Marketing:

Thanks to artificial intelligence, a website’s chatbot is running smoothly. Customers have a seamless experience because of speech recognition. These intelligent machines are a result of deep learning, which can analyze a customer’s emotions and tone. If the customer responds poorly to the AI chatbot, the intelligent machine can reroute the conversation to a human customer service agent that can handle the issue.

Deep Learning vs. Neural Network

Let’s list out some significant differences between neural networks and deep learning.

Graphic explaining the differences between neural network and deep learning

This article shares more details regarding the different architectures of neural networks and deep learning neural networks.

Different Types of Neural Networks in Deep Learning

There are three different types of neural networks in deep learning: ANN, CNN, and RNN. These networks change the way we interact with the world and play a vital role in the evolution of deep learning.

Artificial Neural Networks (ANN)

Artificial Neural Network is just another name for a neural network. ANNs are named after the artificial representation of biological Neurons.

ANNs develop algorithms that can be used to model complex patterns and prediction problems.

General tasks that use ANN include:

  • Loan Prediction
  • Fraud Detection
  • E-mail Spam Filtering
  • Medical Diagnosis
  • Pattern Recognization
  • Sales Forecasting

Convolutional Neural Networks (CNN)

CNN is a type of neural network that deals with image and video data. We can also refer to it as Computer Vision. CNN works like our eyes. It uses kernels to extract the relevant features from the input using the convolution operation.

General tasks that use CNN include:

  • Image Classification
  • Object Detection
  • Image Segmentation
  • Facial Recognition
  • Image Caption Generation

Recurrent Neural Networks (RNN)

The core idea is behind RNN is that its output depends on the sequence of inputs (not just a set of inputs). It’s a type of neural network that retains and leverages the sequence information of inputs.

General tasks that use CNN include:

  • Natural Language Processing
  • Time Series Data
  • Machine Translations
  • Speech Recognization
  • Image Caption Generation

Recurrent Neural Networks (RNN)

The core idea is behind RNN is that its output depends on the sequence of inputs (not just a set of inputs). It’s a type of neural network that retains and leverages the sequence information of inputs.

General tasks that use CNN include:

  • Natural Language Processing
  • Time Series Data
  • Machine Translations
  • Speech Recognization
  • Image Caption Generation

Graphic of neural networks and artificial intelligence

Neural Networks and Artificial Intelligence

So what is the relationship between deep learning, neural networks, machine learning, and artificial intelligence?

Artificial Intelligence

Artificial intelligence helps automate intellectual tasks that are typically performed by humans. AI is composed of machine learning and deep learning fields. AI can make an intelligent machine that learns by itself once it’s trained properly.

In today’s digital world, many companies are using artificial intelligence for both big and small tasks. AI refers to a broader concept of machines being able to carry out tasks more efficiently than humans.

Machine Learning

Machine learning is a set of artificial intelligence methods that keeps learning from new data and helps predict the future. Machine learning is a subclass of artificial intelligence.

Deep Learning

Deep learning came onto the scene a few years ago with the growing amount of data in today’s digital world. Deep learning is a subclass of machine learning methods that study deep neural networks.

Deep learning networks learn by themselves and make decisions on their own. Deep learning performance improves with time. In the example with AlphaGo, the software kept learning with every game and improved its strategy with this data.

Final Thoughts

Artificial Intelligence is a compelling and exciting field and we are seeing the impacts of AI on the modern digital world.

Neural networks and deep learning techniques are some of the most capable AI technologies for solving very complex problems. Marketers will continue to develop and leverage these strategies in the future and we will see new applications for these powerful tools.

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How To Predict Consumer Behavior Using AI Marketing http://fullfunnelservices.com/blog/how-to-predict-consumer-behavior-using-ai-marketing/ Tue, 05 May 2020 20:21:08 +0000 https://staging.smartboost.dev/?p=2141 fullfunnelservices · How to Predict Consumer Behavior Using AI Marketing As a marketer, wouldn’t it be nice to know your prospect’s next move? Furthermore, would you like to react in real-time when they are researching a competitor, commenting on social media about a problem they’re looking to solve, or ready to pull the trigger and […]

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fullfunnelservices · How to Predict Consumer Behavior Using AI Marketing

As a marketer, wouldn’t it be nice to know your prospect’s next move? Furthermore, would you like to react in real-time when they are researching a competitor, commenting on social media about a problem they’re looking to solve, or ready to pull the trigger and buy now?
With AI marketing, you are now able to. By leveraging advanced analytics and machine learning techniques, marketers can predict a consumer’s behavior often before they even know what they want or need themselves.
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What is AI Marketing?

According to MIT Technology Review, artificial intelligence simply refers to “machines being able to learn, reason, and act for themselves.”
AI may just be the most misunderstood term of the 21st century, primarily because the definition is so varied, and used commonly to describe activities that can’t necessarily “act” for themselves.
For example, Forbes takes a high-level view of AI marketing, describing it as “a method of leveraging technology to improve the customer journey.”
Today, most companies take a broader definition of AI that encompasses advanced analytics and machine learning. The key takeaway is that these systems can analyze massive amounts of data and find compelling patterns that humans can’t. These compelling patterns can help inform many strategies throughout the marketing funnel.
Let’s compare and contrast how marketing is done with and without AI to get the full picture of the opportunities for AI within marketing.

AI Marketing vs CRM Data

Today, many companies rely heavily on sales to personalize the customer journey. This approach has revealed its shortcomings, specifically around human cognitive bias and scalability. In a Forrester survey, 74% of business buyers said they conduct more than half of their research online before making an offline purchase.
Additionally, many marketers believe that they are already well-versed at making data-driven insights using platforms like Marketo, Hubspot, Pardot and Eloqua. However, marketing automation platforms have proven to be largely ineffective at optimizing data-driven predictions.
Let’s take traditional lead scoring models for example. Lead scoring has relied on arbitrary data based on human feelings with little correlation to real-world results. The result is a model that is based on human error and bias.
Marketing automation has greatly advanced the capabilities of marketers, helping significantly reduce the time it takes to automate tasks. However, the current systems have reached their limitations, relying heavily on generalizations built on limited data markers.  While platforms might be able to add your name to a website or recommend a new piece of content based on the piece you just read, they’ve failed miserably at “understanding” the full picture. This is arguably the most important aspect of converting prospects to customers, optimizing ROI, and increasing lifetime value. Ultimately, CRM data wasn’t built for this purpose.
That’s where advanced analytics and machine learning have entered the scene. AI helps generate insights that both predict what users are likely to do next and recommend what actions to take.
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The ROI of Predictive Marketing

A survey by Forbes Insights has shown that nearly 9 out of 10 organizations that have used predictive analytics for at least 2 years have seen an increased return on their investment, with 40% seeing an over 10% increase. Some organizations have seen triple-digit growth.
Take ServiceMax, a field technician management software for manufacturers. They use machine learning to individualize the buying journey by predicting the most rewarding path for a prospect to take. They use all the data from an individual’s past and current interactions with the brand, as well as analyses of individuals that followed similar patterns.
Through their efforts, they have cut bounce rates by 70% and increased time-on-site and the number of product demo requests.
The market landscape is shifting rapidly, as 80% of all marketing executives believe that AI will revolutionize marketing over the next five years. With increased competition and an overwhelming focus on experience, the ball is now in your court to build trust and credibility with your audience by leveraging the insights you have.

Identifying Your Audience Using Big Data

Every AI project starts with data across the technologies you use in your business. There is a wealth of insights that live in your CRM data, Google Analytics, social media accounts, and even your help desk.
To help us understand what data to pay attention to, let’s take a quick look at the four Vs of data:

  • Volume refers to the amount of data, such as keyword search queries on Google or website clicks.
  • Velocity refers to the speed in which data is created, such as real-time search results, content recommendations, or stock trades.
  • Variety refers to the various source types, including everything from social data to website data to customer support tickets.
  • Veracity refers to the trustworthiness of the data, such as self-reported data versus data gathered automatically.

Now that we understand the types of data that are needed, let’s take a look at the type of user behaviors you should be reacting to and how.

What Behaviors to Focus On

To develop real-time insights, we need to collectively understand a prospect’s mindsets, behavior, and demographics. Just like you can’t understand a person just by knowing what city they grew up in, you can’t understand a prospect by just looking at their current job title.
You already have the data you need, living across your internal and external technologies. Now, it just needs to be harvested. While what data to pay attention to differs from brand to brand, you’ll likely want to incorporate factors like sentiment, cultural characteristics, social engagement, and the way a user searches for information. Some of the important data points to pay attention to include:

  • Website data
  • Loyalty program data
  • Social media usage data
  • Keyword data
  • Product affinity data
  • Conversions path data
  • Device data

Machine learning models built on these data points can predict when an individual wants to be reached out to, when they are likely to buy, and when they are likely to churn.
How To Predict Consumer Behavior Using AI
For example, Norweigan Airlines was able to reduce its cost per booking by 170% by optimizing their ad spend and leveraging machine learning models. In addition to brand interactions, they took into account device data, location data, and contextual data of pre- and post-site behaviors. They learned that home-based users booked flights at a rate of 4X greater than users at work.
Without machine learning, creating context from the large swaths of data would be impossible. AI and machine learning help bring order to the chaos of ever-growing databases.

AI Implementation

AI allows you to use behavioral segmentation on a micro-level. Rather than dividing prospects and customers into rigid categories, such as ticking “yes” or “no” boxes for various characteristics, you can define behavior down to minor differences.
Similar to how the human brain works, machine learning can leverage deep neural networks to rapidly make inferences and solve problems. Like humans, it learns as it goes, adding new data points to fine-tune its inferences and predictions. But unlike humans, it can do this process significantly faster.
Deep learning provides a way to train AI to predict outputs, given a set of inputs. If a deep learning system has access to all a user’s behavior listed above, it can accurately predict human behavior.
It’s what Tesla has used to learn and mirror drivers’ behaviors in their autonomous vehicles. Just as you see a person standing in the middle of the road and instinctively slow down, neural networks have been trained to react similarly through pattern-recognition and trial and error.
Customers already know what they want when they come to you. It’s up to you to show that your offerings are the right option for them. Deep learning has the potential to find patterns in data to help businesses understand what customers really want.

Predict Consumer Behavior Months in Advance

Merging big data with deep learning will help businesses create personalized marketing approaches that will appeal to anyone who might buy their product or services.
Predictive Analysis Consumer Behavior Chart
Marketers can take data, like customer sentiment data gathered by social media listening tools, to identify patterns that can help them forecast consumer behavior months in advance. Ben & Jerry’s used machine learning to read social and cultural trends to identify a new viral marketing opportunity: cereal-flavored ice cream. Using machine learning models built on unstructured data, they discovered that “at least 50 songs within the public domain had mentioned ‘ice cream for breakfast.’” Sounds like a pretty delicious data discovery!
Machine learning can also help predict what products to promote and why. Sephora used machine learning to customize their email communications on product recommendations. They used their most loyal customer base to train their models to be able to predict which products less loyal customers would be interested in.

Takeaways

By crafting micro-segments of your audience and hyper-personalizing your messages, your brand’s relevancy factor goes through the roof, as does your chances of turning a prospect into a customer or extending the lifetime value of that customer. You now can develop a full picture of who your prospects and customers are, rather than just relying on a lead or logo with a few disconnected data points.
The ability to predict wants and needs is the dream of every marketer. With access to the right data and deep learning models, it’s now possible. It’s more critical than ever to take advantage of the new frontier of AI and machine learning to engage your audience and make confident predictions about their behavior.

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