Here’s Why You’ll Want to Introduce AI to Marketing in 2018

If you’re looking to keep up with the competition in your market, there’s no doubt about it; artificial intelligence (AI) is where you need to be. But what exactly does it mean, and how can you introduce it to your marketing mix? Introducing something new to your business can be intimidating, especially if it’s technology related, but AI is surely one of those things you don’t want to miss out on.

What is AI?

Simply put, AI is any intelligence displayed by a machine that mimics the natural intelligence of humans. This might be displayed through any function that we typically associate with thinking, such as learning, problem solving or decision-making. Have you recently visited a website that had a chat box pop up from what appeared to be a real customer service rep? Were they helpful? Maybe. Were they real? Probably not. This example is simply one application of AI, but there are various other applications that can be used to optimize the marketing of your business.

So, why should you introduce AI to marketing your business this year?

1. You’ll know your customers better

I often hear from business owners that they know exactly who their customers are. While I don’t doubt that they have a solid understanding of their average customer, they’re likely just scratching the surface when it comes to knowing their purchasing habits and other influential factors. With AI, you’re not only able to analyze more data, but different types of data too. What this means is that you’re able to learn more intricate details into the lives of your customers.

2. You’ll communicate with personalized content, in real-time

Now that you know who your customers are, this means that you can curate highly personalized content to target them. According to a study by Demand Metric, 80% of marketers say personalized content is more effective than “unpersonalized” content. Gone are the days of annoying, irrelevant pop up ads, because now, online ads will be personalized to the interests of shoppers using data from several of their tech devices.

What’s more exciting is the ability to communicate with your customers in real-time. With certain applications of AI, stores are able to send real-time discount offers to customers. Instead of waiting to entice customers with a future promotional offer, businesses can capitalize on customers making a purchase the moment they search for a related item.

3. You’ll save time and money

By introducing AI to your business, you’ll save countless hours on traditionally time-consuming tasks like data analysis and crunching numbers. Additionally, AI will allow you to respond to consumer requests quicker than ever before. Even large tech giants like Facebook have recognized the importance of this, and have recently introduced auto responses for inbound messages received through a company page. With AI, you’ll shorten the length of your sales cycle and convert more viable leads.

Although AI can help you better know and interact with your customers, it won’t be necessary in every aspect of your marketing strategy. Not everything needs to be automated—automation works best when the task being completed can be done so more efficiently by an AI than by a human. Designate simpler or more repetitive tasks to AI systems so that you are freeing up more time to dedicate to the really difficult challenges of your business strategy that require human input. Are you ready to jump on the AI bandwagon? Contact CreativeWorks Marketing today to discuss how AI can be introduced to your marketing strategy for 2018.

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Setting Your Marketing Goals for 2018

With 2018 now in full force, it’s likely you have your strategic business goals prepared and ready for execution. Hopefully, the marketing aspect of your business received just as much love during strategic planning sessions for this year, but in the off chance it didn’t, or if you’re looking to optimize your marketing plan for the new year, read on!

When setting your marketing goals for 2018, I highly encourage you to consider these points. In doing so, you’ll have a robust plan that is easily understood, integrative, and ready for execution:

1. Identify what did and didn’t work in 2017

Like anything in life, it’s best to learn from your shortcomings; the same mentality should apply to your business and how you market it. Begin by reviewing any marketing or campaign-specific data you may have from the year prior. This data may stem from Google Analytics or any other web analytics tool your company may use, social media analytics, email marketing results and lead tracking (web or otherwise). Upon reviewing the data, ask yourself these questions:

1. Where did these leads come from? Did they result from a campaign or organic search?
2. Was the messaging tailored to a unique audience?
3. Was my website, landing page, or collateral optimized for conversions?
4. Did customers interact with my brand the way I intended them to? Did I follow-up with them as often as I should have?

You may notice that while you had great campaign ideas, the execution was off. Slight tweaks of the same campaign based on answers to the above questions could result in an entirely different outcome!

2. Consider your resources

As small businesses, we often don’t have the luxury of having a marketing department or team. Your marketing team may only consist of a coordinator or manager, or perhaps even just yourself! Bearing that in mind, make 2018 the year you introduce automation to your business. With automation, you’ll provide your marketing personnel with more time to focus on tasks that really matter, such as strategic planning and business development.

Or, if finances permit, expand your marketing team. Get specific with what you need. Do you require a generalist who can complete as many different tasks as possible, or is a specialist of some sort what you require? You may consider hiring a marketing agency that has all of the above and more, and can be more cost-effective than hiring an additional full-time staff member.

3. Be realistic

First things first, yes, all companies want to grow and make more money; however, it’s important to remain realistic with the amount of growth you achieve and how quickly you attain this growth. Remember, good marketing takes time. While you’ll want to see a direct impact on your ROI, the fact of the matter is, revenue growth from new leads and customers will not be noticed until the next quarter or even later on in the year; or, years to come. Of course, this all depends on the type of business you have and the industry you’re in, but the importance remains that you should be focused on building your funnel at this time.

What are you waiting for?

I too often hear from business owners how they require assistance with marketing their business, yet it somehow is always placed on the back burner. By setting your marketing goals now, you’ll have a clear and concise plan that you can refer to throughout the year. If you require assistance with developing a marketing plan or executing marketing tasks, give CreativeWorks Marketing a call today!

Marketing in 2018: What’s Next?

It’s hard to believe that 2017 has come and gone, but if I’m being honest with myself I tend to have that same thought every year. As business owners, our time and attention are focused on year-end financial statements this time of year, analyzing what went right and wrong for our businesses.

You may find that certain things worked well when it came to marketing your business, and others, not so much. Don’t fret! As in year’s past, this is an exciting time for marketing, and with the right strategic approach, you’re bound to find something that works for you.

If you’re looking to change things up in 2018, you’ll definitely want to consider some of these trends as part of your marketing mix:

1. Live Video and Augmented Reality
   The past couple of years have seen the explosion and experimentation of live video on social platforms, and Augmented Reality on mobile apps, with wild success. In the next few years, expect to see even more of it, and in different applications, so users can really become a part of the brand experience. When consumers are engulfed in these experiences, not only do they enjoy them and come to associate positive emotions with your brand, but they also come to trust it more – which in turn could lead to more sales.
2. Content Marketing
   Content marketing is becoming an increasingly powerful way of connecting with your audience. Not only does the content provide relevant information for your customers, but it can also position you as thought leaders in your industry and excite the Google gods by improving your online presence. What are you waiting for? Start up a blog and tell your clients what you’re up to! Your blog is both a creative and inspiring way of reminding your clients as to why they are working with you.

3. Video Marketing
   Voice recognition software and chatbots are becoming all the rage with many companies. While this is certainly a good goal to have, start off with creating some quality videos that will let your clients know everything about your unique business. The benefits of video are simply undeniable.

BONUS: AI Technology

The day has finally arrived, and robots are now fully integrating into all aspects of our lives; marketing included. This innovative technology can streamline marketing processes by way of extreme personalization; according to VRTY CEO Kingston Lee-Young, “Marketers will be better able to understand the likes and dislikes of a customer and determine what specific branded content should be served to them. Because customers are more loyal when they see marketing specifically targeting them based on their behaviors, these advances will allow marketers to more effectively engage with their prospects and customers”. The technology of course isn’t cheap, but it’s proven to be very effective in its early applications.

As a marketing leader and business owner with nearly 20 years of experience, I’ve seen several trends come and go, but one thing is for sure: Having a strategic approach to all that you do, especially with marketing, will result in a better ROI for your business. Are you as excited for these trends as I am? Contact CreativeWorks Marketing today for help putting together a marketing mix that’ll make sense for your business in 2018!