Blackbook
Blackbook
Certificate
This is to certify that___________________________________ has successfully completed
the Capstone Project as a part of the B.B.A. (Honours.) in Business Administration Semester
VI titled “________________________________________________________” during the
Academic Year 2023-24.
College Seal
Date:
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Title
“THE FUTURE OF ARTIFICAIL INTELLEGENCE IN DIGITAL
MARKETING”
By
MANN JATIN SHAH
CAPSTONE PROJECT
Submitted To
Nagindas Khandwala College of Commerce, Arts and Management Studies, Mumbai- 400064
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ACKNOWLEDGEMENT
Thanks to merciful lord for all the countless gifts that you have offered me, and thanks
to my family for the love and support.
Secondly I would like to thanks “UNIVERSITY OF MUMBAI “for giving me this
opportunity of creating this project. This is something that has been done by me on a
practical basis, I’ve utilized the knowledge that is provided to us and made this
project. This has been a practical experience of me in relation to the knowledge that
is taken from books.
In making this project report a lot of people have contributed by giving me the require
knowledge and time. I would like to thank all of them. It is my great pleasure to
acknowledge my deepest thanks to them.
My special thanks to my lovely Parents for their unconditional love and support. It is
because of their assistance and competence that I have reached this milestone and
most important thanks to our Program Name Course “Co- ordinator Name” for all
the help and guidance.
I would like to express my gratitude and sincere thanks to my project guide “Name”
for instilling confidence in me to carry out this study and extending valuable guidance
and encouragement from time to time, without which it would not have been possible
to undertake and complete this project.
I would also like to thank my College Library, for having provided various reference
books and magazines related to my project.
Last but not the least my peers and friends for their valuable comments and
suggestions for making this a cherishable experience for me.
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EXECUTIVE SUMMARY
The future of AI in digital marketing holds immense promise, revolutionizing the way
businesses connect with consumers. Artificial Intelligence is poised to enhance
personalization, optimize advertising strategies, and streamline customer experiences.
Advanced machine learning algorithms will enable marketers to analyze vast datasets,
extracting valuable insights for targeted campaigns and improved ROI. AI-driven
chatbots and virtual assistants will redefine customer interactions, providing real-time
support and enhancing engagement.
Ethical considerations and data privacy will be crucial focal points, necessitating a
balance between personalized marketing and respecting user privacy. Businesses that
harness the potential of AI in digital marketing will gain a competitive edge by staying
ahead of trends, adapting strategies in real-time, and delivering more relevant and
meaningful experiences to their target audience. The future landscape of AI and digital
marketing promises a dynamic synergy that will redefine the industry, fostering
innovation and efficiency.
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INDEX
CHAPTER NO. TOPIC. PAGE
NO.
ACKNOWLEDGEMENT
EXECUTIVE SUMMARY
CHAPTER 1 FOUNDATION OF AI
1.1 DEFINITION OF AI
1.2 EVOLUTION OF AI
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CHAPTER 1 | FOUNDATION OF AI
Early days (1950s): The term "AI" was coined in 1956, and early research focused on
symbolic reasoning and game playing (e.g., checkers-playing program). Golden age
(1960s): Optimism peaked, but limitations in computing power led to the "AI winter" in
the 1970s. Expert systems (1980s): Narrow AI systems thrived, excelling in specific
domains like medical diagnosis or financial trading. Machine learning (1990s-present):
The rise of powerful algorithms and computational resources fueled renewed progress.
Techniques like neural networks and deep learning led to advancements in areas like
natural language processing, computer vision, and robotics.
Key Milestones:
• 1950: Alan Turing proposes the Turing Test, an early attempt to define machine
intelligence.
• 1966: ELIZA chatbot simulates a psychotherapist, raising questions about human-
computer interaction.
• 1997: Deep Blue becomes the first computer to defeat a reigning world chess
champion (Garry Kasparov).
• 2011: IBM's Watson wins Jeopardy!, showcasing the power of natural language
processing.
• 2016: AlphaGo defeats Lee Sedol, a Go champion, demonstrating AI's capabilities in
complex games.
Today, AI continues to evolve rapidly, impacting various fields from healthcare and
transportation to finance and entertainment. The future holds exciting possibilities,
while ethical considerations and responsible development remain crucial aspects of
this ever-evolving technology.
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1.3] MACHINE LEARNING:
Machine Learning is a branch of artificial intelligence (AI) and computer science which
focuses on the use of data and algorithms to imitate the way that humans learn,
gradually improving its accuracy.
Machine learning (ML) is a field of study in artificial intelligence concerned with the
development and study of statistical algorithms that can learn from data
and generalize to unseen data, and thus perform tasks without explicit
instructions. Recently, generative artificial neural networks have been able to surpass
many previous approaches in performance.
Machine learning approaches have been applied to many fields including large
language models, computer vision, speech recognition, email filtering, agriculture, and
medicine, where it is too costly to develop algorithms to perform the needed tasks. ML
is known in its application across business problems under the name predictive
analytics. Although not all machine learning is statistically based, computational
statistics is an important source of the field's methods.
Machine learning approaches are traditionally divided into three broad categories,
which correspond to learning paradigms, depending on the nature of the "signal" or
"feedback" available to the learning system:
Supervised learning: The computer is presented with example inputs and their
desired outputs, given by a "teacher", and the goal is to learn a general rule
that maps inputs to outputs.
Semi-Supervised Learning: The majority of training data sets, labels are absent
but few inputs data are labelled. Example: Webpage classification in educational
or shopping or forum or medical domain. Labelled data detects a specific group
of webpage types present in the data set and classify them. Unlabelled data
define the boundaries to those types of web pages and identify new types of web
pages that may be unidentified in existing labelled data.
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Reinforcement learning: A computer program interacts with a dynamic
environment in which it must perform a certain goal (such as driving a vehicle or
playing a game against an opponent). As it navigates its problem space, the
program is provided feedback that's analogous to rewards, which it tries to
maximize.
Deep learning is the subset of machine learning methods based on artificial neural
networks with representation learning. The adjective "deep" refers to the use of multiple
layers in the network. Methods used can be either supervised, semi-supervised or
unsupervised.
Computer vision is a field of artificial intelligence (AI) that enables computers and
systems to derive meaningful information from digital images, videos and other visual
inputs — and take actions or make recommendations based on that information. If AI
enables computers to think, computer vision enables them to see, observe and
understand.
Computer vision works much the same as human vision, except humans have a head
start. Human sight has the advantage of lifetimes of context to train how to tell objects
apart, how far away they are, whether they are moving and whether there is
something wrong in an image.
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Computer vision trains machines to perform these functions, but it has to do it in much
less time with cameras, data and algorithms rather than retinas, optic nerves and a
visual cortex. Because a system trained to inspect products or watch a production
asset can analyze thousands of products or processes a minute, noticing
imperceptible defects or issues, it can quickly surpass human capabilities.
Robotics and automation in AI involves using artificial intelligence (AI) and robotic
technology to automate or replace manual labour processes.
Robotics and Automation involve the use of intelligent systems and machines to
perform tasks autonomously. This section explains the integration of AI in robotics, the
role of automation in various industries, and the impact on workforce dynamics. It
explores how AI-driven robotics contribute to efficiency, safety, and innovation in tasks
ranging from manufacturing to service-oriented roles.
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CHAPTER 2 | LITERATURE REVIEW
There are lots of advantages of digital marketing which enables marketers to reach
customers at low cost over traditional marketing. Digital marketing is playing vital role
in growing business. In marketing AI is also playing vital role through more intelligent
search’s engine, chatbots, personalization, programmatic advertising, creating and
generating content, web designing, email marketing campaigns, dynamic pricing,
predicting customer behavior etc. Artificial intelligence enables businesses to gain a
clear and precise understanding of their customers' needs, enhancing their sales and
revenues. This paper focuses on the application areas of artificial intelligence in
digital marketing environment and the impact of artificial intelligence in digital
marketing world. Artificial intelligence enables digital marketers to gain a clear and
precise understanding of their customers' needs, enhancing their sales and revenues.
Today's jobs are becoming increasingly data-driven, automated and intelligent. The
main source of new jobs has a direct impact on the economy (Kumar et al., 2019;
Paschen et al., 2019). Technological advances continue to create vertical shifts in the
evolution of business and provide strong evidence that business can be better
equipped with artificial intelligence (AI) operations (See, 2017; Wirth, 2018).
According to previous research, “When technology works on a personal level, it
creates a beautiful connection with users, and when marketers use this connection,
there is the ability to create a large customer base” (Kumar et al., 2019, p. 137).
Advanced artificial intelligence and business innovation can quickly adapt to business
needs, providing communications and solutions that are important and beneficial to
people (Epstein, 2018). Director of the Business Artificial Intelligence Institute
proposed a new business mix that includes planning, production, personalization,
promotion and performance (5Ps) (Roetzer, 2017).
Apart from the huge opportunities available as a growing economy (Kumar et al.,
2019; Pitt et al., 2018), the importance of the topic of artificial intelligence is pushing
the sector to grow and attract more attention from researchers. international concern.
There are many previous studies that have independently evaluated the impact of AI
on economic inequality (Hadi et al., 2019; Hildebrand, 2019; Jarek and Mazurek,
2019; Jones, 2018; Siau, 2017; Stalidis et al., 2015). So far, there has been no
specific study that reveals the impact assessment in the business across the content
and campaign plan. Therefore, it is important to fill this gap by focusing on the use of
data-driven research.
In this Systematic Literature Review (SLR), the authors attempt to evaluate future
topics such as intelligence-based marketing by bringing together: existing research
across action points, action tools, and research points; SLR aims to produce scientific
evidence. We think the evolution of AI-driven business is a key driver of business
success.
Although artificial intelligence seems new, it is not new. The term itself was coined at
the suggestion of an elite group of computer scientists and mathematicians who held
a summer conference in 1956 called the Dartmouth Conference. (Hildebrand, 2019,
p. 11)
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Artificial intelligence can generally be defined as "intelligence perceived by machines"
(Siau, 2017). Russell and Norvig (2003, p. 31) define artificial intelligence as
intelligence that uses sensors to perceive the environment and uses this influence to
influence the environment.
It is the science and engineering of making intelligent machines, especially intelligent
computers. This is related to similar work on using computers to understand human
intelligence, but intelligence is not necessarily limited to biological analysis
techniques. (Stanford, 2007)
Wirth Research (2018) suggests that intelligence at its current stage of development
can replace or augment the skills required to make informed business decisions,
while another research by De Bruyn et al. suggests: critical education and others.
(2020) warn against defining intelligence as simply “intelligence seen by machines”
without adequately defining its boundaries, which could lead to further confusion.
Artificial Intelligence in Business: Urgent Need
Literature research and explanation on the use of artificial intelligence in business
shows some positive observations:
•
Xu (2020) predicts that global intelligence spending will increase by 28% annually by
2023 It is expected to increase to 98 billion US dollars with a growth rate of over .4.
•
Reported by Balakrishnan et al. McKinsey Analytics (2020) reports that 50% of
companies have adopted AI in at least one of their business functions, and 75% of
businesses using AI experience a 10% improvement in customer service (Christopher
Stancombe, 2017). >•
The greatest potential of artificial intelligence lies in its ability to learn from big data
(Davenport et al., 2020; Shah and Shay, 2019). Businesses expect the return on
investment (ROI) of using artificial intelligence to be 99% in the next five years and
187% in the next 10 years (Teradata, 2017).
•
Artificial Intelligence has replaced the business-to-business (B2B) human model at
the center of the sales process and is beginning to impact the B2B sales funnel
(Paschen as et al., 2019).
Gijs Overgoor et al. (2019, p.17) 157) defines business AI as “the development of
artificial intelligence to make recommendations and/or business decisions based on
the knowledge users have about their products, competitors, and focal companies.”
Artificial intelligence etc. will become increasingly accurate (Vishnoi and Bagga,
2019) and the application of artificial intelligence in business will become more
possible (Jones, 2018; Kumar et al., 2019; Pitt et al., 2018; Wirth), 2018). Van Esch
(2018) defines artificial intelligence as a multi-concept from the perspective of human-
computer interaction.
From customer experience to business decision-making, artificial intelligence has
affected almost every aspect of business to varying degrees (Hildebrand, 2019; Pitt et
al., 2018).
- SOURCE: journals.sagepub.com
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CHAPTER 3 | FOUNDATION OF DIGITAL
MARKETING
Any marketing that uses electronic devices and can be used by marketing specialists
to convey promotional messaging and measure its impact through your customer
journey. In practice, digital marketing typically refers to online marketing campaigns
that appear on a computer, phone, tablet, or other device. It can take many forms,
including online video, display ads, search engine marketing, paid social ads and social
media posts. Digital marketing is often compared to “traditional marketing” such as
magazine ads, billboards, and direct mail. Oddly, television is usually lumped in with
traditional marketing.
Digital marketing, also called online marketing, is the promotion of brands to connect
with potential customers using the internet and other forms of digital communication.
This includes not only email, social media, and web-based advertising, but also text
and multimedia messages as a marketing channel.
Digital marketing involves many of the same principles as traditional marketing and is
often considered an additional way for companies to approach consumers and
understand their behavior. Companies often combine traditional and digital marketing
techniques in their strategies. But digital marketing also comes with its own set of
challenges. Digital marketing started to become popular with the widespread adoption
of the internet in the 1990s.
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3.2] EVOLUTION OF DIGITAL MARKETING:
The concept of digital marketing was first used in the 1990s. With the emergence of
the Internet and the development of the Web 1.0 platform, the digital age began. Web
1.0 platforms allow users to find the information they need, but do not allow the
information to be shared on the internet. Until then, marketers around the world were
still undecided about digital platforms. They weren't sure how their idea would work
because the internet wasn't widely used yet.
In 1993, the first clickable banner went live and HotWired purchased some banner
ads for their advertising. This marked the beginning of the industry's transition to the
digital age. As the revolution progressed, new technologies entered the digital market
in 1994. The same year, Yahoo was founded.
Yahoo, "Yahoo's Guide to the World Wide Web", named after its founder Jerry Yang,
received approximately 1 million visits in its first year. This has led to major changes
in the world of digital marketing, with companies optimizing their websites to improve
their search engine rankings. More research and tools were developed in 1996, such
as HotBot, LookSmart, and Alexa.
In 1998, Google was born. Microsoft launched the MSN search engine and Yahoo
introduced Yahoo Web Search. Two years later, the dot-com bubble burst and all
small research was halted or canceled, making more room for big businesses. In
2006, digital marketing experienced its first major growth spurt, with search engine
traffic reportedly reaching approximately 6.4 billion per month. In order not to be left
behind, Microsoft put MSN on the backburner and launched Live Search to compete
with Google and Yahoo.
Then Web 2.0 appeared and people became more active users instead of passive
users. Web 2.0 allows users to interact with other users and businesses. Articles such
as "Super Information Highway" began to appear on the Internet. As a result,
information systems (including those used by digital marketers) increased, and by
2004 online advertising and marketing in the United States alone generated
approximately $2.9 billion in revenue.
Soon social networking sites began to emerge. MySpace was the first social
networking site to emerge, followed by Facebook. Many companies have realized that
all these new websites are starting to open new doors of opportunity to market their
products and brands. It opens new business opportunities and marks the beginning of
a new chapter in business. They need new ways to promote their brand and use
social media with new resources.
Cookies are another important part of digital marketing. Advertisers are already
looking for other ways to take advantage of this new technology. One such
technology is tracking the search habits and usage patterns of frequent Internet users
in order to tailor advertising and marketing information to their tastes. The first cookie
is designed to record user behavior. The use of cookies has changed over the years,
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and today's cookies are included to provide marketers with more ways to collect
customer data.
1990s
The first search engine, Archie, appeared in the 1990s, marking the birth of search.
SEO (Search Engine Optimization) soon followed. The first clickable web advertising
banner was released in 1994. The first social media website was launched in 1997 and
has 3.5 million users. In the 1990s, many sites still in use were discovered, including
web search by Google and Yahoo, both launched before 1998.
Generation Y
A There was a huge financial bubble in the new millennium. However, the bubble
reached its peak and burst between 2000 and 2002, causing many businesses to
collapse. As the industry recovered from the boom, many new websites opened,
including LinkedIn in the 2000s, Myspace and WordPress in 2003, and Facebook in
2004. Mobile SMS marketing became increasingly popular in the early 2000s.
The digital marketing pipeline has evolved since the 1990s and will continue to
evolve. Here are the eight most common plumbing fixtures today.
Website Marketing
Most companies use their website as an important part of their digital marketing
plans. The most successful websites promote the brand, its products and services in
a clear and memorable way. Today's websites must load quickly, work well on mobile
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devices, and be easy to navigate.
Pay-Per-Click Advertising
Pay-Per-Click (PPC) advertising allows marketers to reach target audiences through
media and advertising through Paid ads on other websites and digital platforms.
Marketers can create PPC campaigns on Google, Bing,
LinkedIn,
This marketing plan may be based on their demographics
(such as age or gender) or specific interests or locations.
The most commonly used PPC services are Google Ads
and Facebook Ads.
Content Marketing
The purpose of content marketing is to attract customers by using written, visual or
video content that appeals to them. This content is usually published on the website
and then promoted through social media, email marketing, search engine
optimization, and even pay-per-click campaigns. Content marketing attempts to be
more subtle than advertising, and the product or service the sponsor is trying to
promote may or may not be important.
Email Marketing
Email marketing is still one of the most effective
marketing methods, but many people engage in
spam and edit messages like this. Many digital
marketers use other digital marketing methods to
collect names for their email lists. They then try to
convert these leads into customers through email
marketing.
Affiliate Marketing
Affiliate marketing is one of the oldest forms of business and the digital world has
given it new life. In affiliate marketing, companies and
“influencers” promote products from other companies
and receive a commission for each sale or new lead
added to their list. Many well-known companies,
including Amazon, have affiliate programs that pay
millions of dollars to affiliates who help sell their
products.
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Video Marketing
Many internet users turn to sites such as YouTube before making a purchasing
decision, learning how to do it, reading reviews or going
on vacation. Marketers can run video marketing
campaigns using one of many video marketing platforms,
including Facebook Videos, Instagram, and TikTok.
Companies achieve the best results by combining video
with SEO, content marketing and social media marketing.
SMS
Companies also use text messages (called SMS or SMS) to send information about
their new products and promotions. Nonprofit organizations and political candidates
also use newsletters to promote themselves and solicit donations. Many ad
campaigns today allow customers to “pay or donate via simple text.
To Increase Sales
Increasing sales or leads is a top level digital marketing objective for many
businesses because it improves revenues and is easy to measure. Using key
performance indicators (KPI), you can then benchmark your progress towards
achieving your objective and you can track this in your spreadsheets. An example of a
SMART objective would be: “Increase sales by 10% from existing customers by Dec
2015”
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To Improve conversion rate
This is another digital marketing objective that can be tracked in Google Analytics. By
setting up goal tracking in Analytics, you will have reports on conversions for your
traffic sources, campaigns, keywords, landing pages, locations and so on. With this
data you can then track a conversion rate objective like: “Improve organic traffic
conversion rate by 25% by Nov 2015.
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• High Return on Investment (ROI)
possible – if executed the right way,
push messaging can help drive new
revenue as well as brand
reinforcement.
Cons: • Considerable marketing • Compliance issue – each push
effort required for users to messaging technology has its own
find the message/content. set of regulations, from minor (RSS)
• Limited tracking to heavily controlled (email and text
capabilities – only total messaging)
downloads, page views, • Requires mechanism to deliver
etc. content – the marketer has to use
• No personalization – an application to send the
content is received and message, from an email marketing
viewed the same across all system to RSS feeders.
audiences
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CHAPTER 4 | AI TECHNOLOGIES IN DIGITAL
MARKETING
Artificial intelligence has entered nearly every industry and lifestyle. It not only
reduces human intervention in various tasks but also helps people do their jobs
better. Social media, consumer electronics, robotics, travel and transportation,
finance, healthcare, security, surveillance, e-commerce, and other industries are
already leveraging intelligence.
The capabilities of AI in Digital Marketing are massive. Below are the ten ways AI is
revolutionizing Digital Marketing.
1) Online Advertising
Online advertising is one of the most important aspects of digital marketing. It helps
businesses reach their target audiences quickly. Most of the online advertising we see
today is driven by a very complex distribution system driven by artificial intelligence,
called “programmatic advertising.” The program supports the purchase and sale of
advertising space. It runs auctions to sell and buy ad space in milliseconds. Before AI
companies are asked to dig deeper, they need to identify the right platform to market
their business. Today, this research is done by artificial intelligence, which eases the
burden on marketers and allows them to focus on other important aspects of their
digital strategy.
4) Predictive Analytics
We know that AI is good at crunching numbers and analyzing data. Artificial
intelligence uses statistical models and software to predict a customer's future
behavior by learning their past behavior and characteristics. In this way, AI can help
marketers learn more about their customers, such as the price they want for a
particular product. Based on this information, AI can also predict what customers will
need to upgrade.
Marketers can use this information to create ads and campaigns that attract more
customers and increase the chances of conversion.
5) Web Design
It is impossible to design a website without knowing HTML, CSS and JavaScript. But
artificial intelligence makes this possible. Popular website builders like Wix use
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artificial intelligence to create websites. All we need to input is the content, call to
action, images and page layout. Now your professional website is ready. Wit.ai and
Dialogflow are free AI services from Facebook and Google that developers can use to
build websites.
6) Content Creation
You may want to know how to do this. However, this is true. AI can also create
content for your website, products, services and more. He can also write video review
content for news sites. It can create human-like content by processing terabytes of
data and analyzing thousands of pieces of content. Content that helps you engage
with your users. Popular publications like Associated Press and Forbes already use
content creation tools like Wordsmith, Quill, and Articoolo.
7) Choosing Content
Among all marketing strategies, content marketing has proven to be the most
important investment in delivering high results. The two main areas of content
marketing are content creation and content management. Content is often inspired by
other similar content. Artificial intelligence can also be used to search for content on
topics that interest us. Tools like Concured and BuzzSumo support artificial
intelligence. They help you search for current trending content and recreate, schedule
and then share existing content as planned for future content. Creating content is
difficult. According to Adobe, 47% of marketers think creating content is difficult. AI-
enhanced content can help them create content faster and at scale.
10) E-Commerce
Artificial intelligence can have a huge impact on e-commerce business owners when
used correctly. AI can do everything from creating websites and web content to
providing recommendations for inventory management and providing customer
support. Artificial intelligence also provides e-commerce forecasting, competitive
market research, customer prospecting, etc. can also play an important role in these
fields.
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4.2] EXAMPLES OF AI IN DIGITAL MARKETING
Due to the success of the program, Sephora now offers its own chatbot-driven
shopping service via Facebook Messenger, which continues to grow.
This AI-powered personal Messenger service includes KitBot, a virtual color assistant,
a booking assistant, and even a chat expert offering makeup tips and advice.
Today, Ada's legacy has helped businesses such as AirAsia, Indigo and Zoom with
customer experience (CX) and social media marketing efforts.
Ada has partnered with Malaysian ride-hailing service Grab. Intelligence-driven
innovation has helped the brand expand its reach in the global market through various
social media channels using multilingual chatbot technology.
The bot-powered technology not only helps expand Grab's products (including food
delivery, bill payment and food delivery), but also enables people to spend on
Facebook Messenger From six new stores around the world.
Thanks to its artificial intelligence-focused approach in business communication,
Grab reduced customer inquiries by 90% and operational costs by 23%. In all of
these, the company has grown towards new goals.
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Starbucks’ AI Voice-Powered Barista Services
With 31.2 million mobile subscribers to date, it's clear that initiatives like this are
driving incredible growth and engagement around the world.
Improves overall user experience and tailors services to individuals Netflix uses
machine learning technology through artificial intelligence to provide personalized
recommendations for users based on customer preferences and past preferences.
Additionally, Netflix uses artificial intelligence to optimize streaming to avoid any
glitches or problems.
More than 80% of viewers on Netflix now trust personalized recommendations; this
proves the power of the platform in an age where people, as always, want more from
the brands they want to invest in.
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Will AI Take Over Digital Marketing?
In the event that utilized imaginatively and with the consumer’s needs, needs and
wants at heart, the utilize of AI in promoting offers extraordinary rewards in terms of
development, advancement, advancement, and continuous victory in an progressively
competitive computerized landscape.
While AI is transforming digital marketing, it's important to note that human creativity,
strategic thinking, and the ability to understand and connect with audiences on a
deeper level remain crucial. AI is a tool that can enhance and complement human
efforts rather than replace them entirely.
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CHAPTER 5 | BENEFITS OF USING AI IN
DIGITAL MARKETING
Customer Behavior is Now More Predictable
Targeting everyone who falls into your company's niche can cost you a lot of money,
time, and effort. Fortunately, you can use AI systems to screen leads to identify the
prospects most likely to respond to your offer.
You need better and deeper analysis to see conversions from expensive Google ads.
AI tools can use decision trees to determine business goals and analyze historical
data.
You can also identify customers, identify patterns and create digital marketing
strategies accordingly using artificial intelligence and machine learning models. .
Additionally, create these templates based on the goals you want to achieve with your
business, such as increasing conversions, website traffic, or increasing leads.
AI tools can also provide insights into how to acquire more existing customers by
comparing new and existing customers. It also allows you to better target their
previous customers and improve their experience. Additionally, AI provides relevant
information about what each customer wants and how to target them.
You can also use artificial intelligence to monitor your target audience's behavior and
better engage with them. Monitor customer interactions in real time and identify why
people are talking about them on social media platforms. This allows you to better
target your customers by serving every audience.
Traditional advertising is also more effective than marketing that targets people based
on their interests. With the rise of artificial intelligence, marketing experts can use
refined data to predict whether buyers are interested in purchasing and ask them for
cash or credit.
Your business may also have a positive attitude towards attracting customers; This is
something every company needs in a rapidly growing business. With AI systems, you
can now work on pay-per-click (PPC) advertising, search engine optimization (SEM),
SEO, conversion rate, mass media marketing (SMM) and keyword research.
Also, add a chatbot to your website as an automated process to offer your services to
your customers. This can be a cost-effective way to benefit your customers.
You can monitor your website's user profile to see who the best visitors are. Looking
at their preferences will tell you what advertising you can use to keep them loyal to
your brand.
In addition, large companies such as Volvo are trying to combine intelligence with
reality. This allows customers to “try out” the product for free before deciding whether
to purchase it. This increases sales and increases customer loyalty.
If you want your information to be useful, try to organize and organize the information
you collect in a way that your target audience can understand; These are things that
smart machines can easily do.
By using artificial intelligence, you can easily identify topics that are likely to attract
your audience's attention by presenting content that your audience likes and
understands.
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CHAPTER 5 | BENEFITS OF USING
ADVANCED ARTIFICIAL INTELLIGENCE IN
DIGITAL MARKETING
As we said before, Artificial Intelligence increases efficiency through automation. This
allows people to spend more time on other important tasks. But artificial intelligence
also has other advantages in digital marketing. Below are other benefits of artificial
intelligence in digital marketing.
A business expert researched results that support the truth. During the analysis,
companies that successfully used advanced AI in the business market: -
Customer Development
Why is AI using machine learning (ML) models to find more information about
customers? It is necessary to analyze their patterns and behavior, create content
according to their interests and interact with target audiences. Join and participate in
companies. If customers have a good experience, they are more likely to purchase
your product or service.
Insights Incorporation
Insights into customer integration are one of the unique features provided by
expertise in the context of digital marketing. Many platforms using digital marketing
strategies are built with “views” that provide marketers with comprehensive
information about customers. According to Forrester, businesses and companies that
value visibility will spend approximately $1.2 trillion more annually than competitors
that don't.
In this case, the measure that explains the effectiveness of a part of the content in the
sentence is called comprehension. It can also mean how many times the content has
been shared on Facebook. This is done by using artificial intelligence to identify
relevant customers and track their reactions to digital marketers' content. Therefore,
insight can be invaluable for creating plans for future marketing campaigns and
communicating how your target audience will perceive each ad.
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CHAPTER 6 | HOW TO IMPLEMENT AI DIGITAL
MARKETING FOR YOUR BUSINESS
Chatbots: Chatbots are one of the major examples of AI technology in Marketing.
They help in customer engagement and boosting customer experience on your
brand’s website. They help you to interact with your customers or potential leads
whenever they are on your website. It answers most of the common questions and
engages them in a human-like conversation. This helps in generating leads and also
provide a good user experience. Chatbots are also used to collect feedback.
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AI-Powered Website Builders: AI has also stepped in to take the website building load
off your shoulders. Using AI, you can easily build websites based on the user data
and how they interact with your content. Here, the only thing you have to work on is
the content. The rest, from the content blocks to colours, is done by the AI-Powered
website builder. Some of the examples of such website builders are The Grid,
FireDrop, Wix ADI, etc. Most of these website builders are still in their early stages
and are expected to get more sophisticated over the years. They are considered to be
the future of AI in Digital Marketing.
Enhanced Shopping Experience: AI has truly changed the way we shop. Many brands
have started experimenting with augmented reality to improve their shopping
experience. This helps the customer to have a better visual experience of the
products that they are offering. For example, customers can check out how a dress
looks on them by simply standing in front of their phone camera. This helps them to
decide which product is better for them and helps them make a purchase without any
hassle.
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CHAPTER 5 | THE IMPACT OF AI ON
CONSUMER BEHAVIOR
Brand loyalty and trust are also impacted by AI. As consumers experience more
personalized interactions and receive recommendations that align with their
preferences, they are likely to develop a stronger sense of loyalty to brands
employing such technologies. Moreover, AI contributes to building trust by enhancing
the accuracy and reliability of services. For instance, AI-powered fraud detection
systems provide consumers with a sense of security when making online
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transactions.
AI contributes to building brand loyalty and trust by delivering consistent and
personalized experiences. As consumers receive more relevant content,
recommendations, and support through AI-driven systems, they are more likely to
develop a sense of loyalty towards brands that understand and cater to their
individual needs. Trust is fostered through transparency in AI algorithms and data
usage.
Social media, a central platform for consumer engagement, has witnessed a shift in
influence due to AI. Advanced algorithms analyze user behavior and preferences to
deliver more relevant content, advertisements, and recommendations. This
personalized approach not only captivates consumers but also strengthens the
impact of social media in shaping purchasing decisions. As consumers encounter
content that resonates with their interests, the likelihood of engagement and
conversion increases, amplifying the role of social media as a powerful tool in the
consumer decision-making process.
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CHAPTER 6 | EMERGING TRENDS IN DIGITAL
MARKETING
6.1] AUGMENTED REALITY (AR)
Augmented reality (AR) is an experience that combines the real world with computer-
generated content. Medicines can provide different tactile sensations, including
vision, hearing, touch, somatosensory, and smell. AR can be defined as a principle
that combines three main elements: the combination of real and virtual worlds, real-
time interaction and precise 3D registration of objects and the real thing. Mulching can
be beneficial (i.e., adding to the environment) or harmful (i.e., covering the
environment). Discussion is always about the physical world, so it is seen as a true
understanding of the environment. In this way, although virtual reality replaces the
user's real world with the surrounding environment, augmented reality also changes
people's perception of the world around them. Augmented reality is often synonymous
with mixed reality. Virtual reality and computer-mediated reality are also mentioned.
Augmented reality is used to enhance the original scenes or scenes and provide a
better experience. Thanks to advanced AR technologies such as computer vision,
connecting AR cameras to smartphone apps, and detecting obstacles, real data
surrounds once-smart and uncontrollable humans. Information about the environment
and objects is overlaid on the real world. This information will be virtual. Extended
reality refers to interaction with current or actual reality, such as instant viewing of
other information or measurement of wireless radio, electricity and other things
related to their work in space. More detailed information also includes the ability to
collect and report error information. The elaboration process is usually done on the fly
in a semantic field with natural objects. In some cases, heuristic information is
combined with additional information, such as scores for video streams. This includes
the best of augmented reality innovation and head-up display innovation (HUD).
Virtual reality (VR) may be a recreated encounter that utilizes posture following and
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3D near-eye shows to deliver the client an immersive feel of a virtual world.
Applications of virtual reality incorporate amusement (especially video recreations),
instruction (such as restorative or military preparing) and commerce (such as virtual
gatherings). Other particular sorts of VR-style innovation incorporate expanded reality
and blended reality, in some cases alluded to as amplified reality or XR, in spite of the
fact that definitions are right now changing due to the nascence of the industry.
Currently, standard virtual reality frameworks utilize either virtual reality headsets or
multi-projected situations to create a few reasonable pictures, sounds and other
sensations that mimic a user's physical nearness in a virtual environment. A individual
utilizing virtual reality hardware is able to see around the manufactured world, move
around in it, and connected with virtual highlights or things. The impact is commonly
made by VR headsets comprising of a head-mounted show with a little screen before
the eyes, but can moreover be made through uncommonly outlined rooms with
different expansive screens. Virtual reality regularly joins sound-related and video
criticism, but may moreover permit other sorts of tangible and drive input through
haptic innovation.
Looking advances, the potential for utilizing the blockchain stage in displaying
appears boundless. Upgraded interoperability among stages guarantees consistent
communication and data sharing, cultivating collaboration and progressing
assignment effectiveness for blockchain businesses. Besides, tokenization is
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expected to revolutionize blockchain showcasing techniques by advertising
possession and inventive blockchain promoting techniques.
Each square contains a set of exchanges that ended up forever recorded on the
chain, making any alterations or modifications for all intents and purposes
inconceivable. This characteristic security and straightforwardness make blockchain
an perfect choice for promoting applications.
The working of blockchain is based on its nature, where no single substance controls
the organize. Instep, it depends on a agreement instrument among hubs to guarantee
that recorded information is confirmed and concurred upon by the majority.
The trustless nature of the environment guarantees that data isn't subordinate on an
specialist diminishing the hazard of extortion and unauthorized control for blockchain
businesses.
5G is the 5th generation mobile network. It is a new global wireless standard after 1G,
2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to
connect virtually everyone and everything together including machines, objects, and
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devices.
5G wireless technology is meant to deliver higher multi-Gbps peak data speeds, ultra-
low latency, more reliability, massive network capacity, increased availability, and a
more uniform user experience to more users. Higher performance and improved
efficiency empower new user experiences and connects new industries.
The arrival of 5G technology has sparked excitement and curiosity around the world.
With its promises of faster speeds, lower latency, and new capabilities, 5G has the
potential to revolutionize the way we live, work, and connect. In this article, we will
explore what 5G technology is, its implications for various industries, and the
challenges it brings.
Understanding 5G Technology:
The arrival of 5G technology has aroused excitement and curiosity all over the world.
With its high speed, low latency and new features, 5G has the potential to change the
way we live, work and connect. In this article, we will examine what 5G technology is,
its impact on the business world and the challenges it creates.
Greater speed:
5G promises to be faster than 4G, capable of reaching 20 gigabits per second. This
allows for fast downloads and uninterrupted streaming.
Lower latency:
By reducing latency (the time it takes for data to be transmitted), 5G is ideal for real-
time applications such as online gaming and remote surgery.
Increased Capacity:
5G networks they can support more devices simultaneously, making them suitable for
the growing Internet of Things (IoT).
Network Slicing:
5G allows network operators to divide the network into “slices”, each optimized for a
specific application, allowing distribution of fine resources.
Communication:
5G opens new revenue streams for telecom companies, allowing them to offer better
services such as reality and reality information.
Healthcare:
With low-latency 5G, telesurgery and telemedicine can be more efficient, allowing
professionals to work on patients from different locations.
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Autonomous Vehicles:
5G's low-latency and high-speed connections will be essential for the development
and operation of autonomous vehicles, making them safer and more functional.
Smart Cities:
5G supports the solutions required for smart cities, including traffic management,
public safety and security solutions.
Agriculture:
Farmers can benefit from 5G precision agriculture, allowing them to better monitor
crops and livestock.
Retail:
5G enables more business opportunities such as virtual shopping and user-less
shopping.
Edge computing involves processing data closer to the source of data generation
rather than relying solely on centralized cloud servers. In digital marketing, this can
lead to faster data processing, reduced latency, and improved user experiences.
Marketers can leverage edge computing to deliver personalized content in real-time,
especially in scenarios where quick response times are crucial, such as dynamic
content optimization and personalized recommendations.
These emerging trends signify the ongoing evolution of digital marketing, offering new
opportunities for marketers to engage with their audiences in innovative and impactful
ways. Staying abreast of these trends can help businesses stay competitive and
deliver cutting-edge experiences to their customers.
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CHAPTER 7 | FUTURE PREDICTIONS AND
SPECULATIONS OF AI
Modern AI, especially “narrow intelligence” that uses data training models to perform
objective functions, often falls into the category of deep learning or machine learning,
leaving some major industries untouched. This is especially true in the last few years,
where data collection and analysis has increased due to powerful IoT connections,
the growth of connected devices, and faster computing.
"I think everyone would agree that being limited in the capability of intelligent software
will be a mistake at some point," said David Vandegrift, founder and chief technology
officer of customer relations firm 4Degrees.
"Many businesses are living the forever winter, winter, then spring pattern," Andrew
Ng, former director of Google Brain and principal researcher at Baidu, told ZDNet.
"We will live in the eternal spring of artificial intelligence."
Some industries are at the beginning of artificial intelligence, some are walking
humans. They both go too far. However, the impact of intelligence on our modern
society cannot be ignored.
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CHAPTER 8 | FUTURE PREDICTIONS AND
SPECULATIONS OF DIGITAL MARKETING
Since more people are becoming aware of digital marketing, both businesses and
consumers have bright futures. Additionally, companies may gather a lot of data and
do in-depth research of their target audience by using a range of clever technologies.
a fresh approach to connecting with your target market.
The world is online! We use the internet every day, from social media to Google
searches. New businesses continue to emerge as lifestyles change. Although the
world economy has always had its place in the world, it has grown rapidly thanks to
the digital economy and analytics. Digital marketing is growing and will continue to
grow in the future as more and more people participate online.
According to the Digital Marketing Institute, "Digital marketing is the use of digital
channels to introduce or promote products and services to consumers and
businesses." Simple ad templates for digital marketing. Data and sales technology will
enable algorithmic decision-making and improve the intelligence-based B2B
customer experience. Buyers are looking for a seamless experience that delivers
immediate results.
The use of digital media allows companies to deliver their products to customers
faster. Therefore, the use of smart technology with the help of various digital
marketing tools will help companies meet the needs of their customers and help them
grow and earn profits.
Digitalization:
In the coming days, everything will be digital, completely digital and automatic. If
people are using anything connected to the internet, advertisers and digital marketers
need to know how to get the most traffic. As everything becomes digital, search
engine optimization, marketing campaigns and AdWords will help marketers capture
new opportunities and attract customers to buy their products.
Network:
As more and more networks emerge and new satellites are built around the world, the
Internet will be more powerful than ever to provide effective communications. . This
will make things simple, fast and transparent. It turns out that having a network and
reach will help make digital marketing the only way to reach customers.
More Demand:
Consumers will be wealthier than ever in the years to come. People will desire to
purchase more goods and services as their purchasing power rises. By producing
things online and quickly and conveniently shipping them to clients, this will simplify
the way the business operates. This will grow in importance as a method of drawing
in clients, and rivals' competition will focus on it as well.
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CHAPTER 9 | FUTURE PREDICTIONS AND
SPECULATIONS OF AI IN DIGITAL
MARKETING
Artificial intelligence has become an important part of digital marketing by helping
analyze large amounts of data, identify target areas, and more. The future of digital
marketing is the combination of AI-led solutions and data science that will enable
brands to leverage the content awareness ecosystem.
They have used many businesses for voice and facial recognition, digital assistants,
and especially brands like Netflix and Amazon. The ecosystem is a self-supporting
system in itself and marketers need to change their approach and identify customers
sincerely. AI can also help understand what works for a more challenging and
personalized business.
As artificial intelligence and economy approach, brands will no longer have a special
responsibility because they will be able to apply to people who have received
teaching training in business administration and similar jobs. The scope of their work
will extend to specialist skills and may have unique challenges and skills across a
variety of technologies and automation platforms.
The AI journey is far from over. In fact, we’ve only scratched the surface of its
potential, and as we move into the future, we can expect even more exciting trends
and advancements in AI in marketing. While we can’t predict with accuracy what’s
going to happen, there are a few exciting trends that are already on the horizon. Here
are some of them:
Hyper-personalization:
Marketing campaigns will become more personalized, with messages tailored to each
customer's unique needs and preferences.
AI-Generated Content:
Content createon tools will become increasingly sophisticated, making them suitable
for creating all kinds of content, from professional research to interesting blog posts
.
Improving Data Privacy And Security:
As AI becomes more integrated into business processes, the focus will be on how to
handle sensitive customer information.
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CHAPTER 11 | RESEARCH METHODOLOGY
PURPOSE OF STUDY
In recent times, there has been a perceptible shift in consumer behavior, with
individuals increasingly recognizing the internet as a versatile solution for their myriad
needs, spanning communication, entertainment, shopping, and information retrieval.
As a result, an impressive 70% of internet users have adopted regular online access
habits. This presents an unparalleled opportunity for advertisers to capitalize on this
digital revolution. However, amidst this paradigm shift, questions loom over the fate of
traditional advertising. Are we witnessing its demise? Is digital advertising truly
effective and efficient compared to its traditional counterpart? Does it fulfill the
fundamental objectives of advertising, namely creating awareness, generating sales,
and building positive brand image?
The crux of the issue lies in the efficacy and reach of online advertising. While a
substantial number of consumers engage with the internet daily for personal
endeavors, the critical inquiry pertains to their interaction with online ads and
banners. More importantly, what is the recall or remembrance value of these digital
advertisements? Moreover, concerns arise regarding the reach of online advertising
across diverse target demographics. Traditional advertising has long been a trusted
and proven medium, reliably fulfilling the objectives of advertising. Can the same level
of trust be extended to online advertising?
RESEARCH OBJECTIVES
Research design
This study aims to provide significant insights into the changing environment of
artificial intelligence (AI), digital advertising, and the junction of these two fields in
marketing strategies through a rigorous examination of new trends, technology
developments, and industry insights. Through elucidating ambiguities and
investigating potential avenues for advancement, this study endeavors to provide
interested parties with the erudition required to maneuver through and profit from the
dynamic landscape of digital marketing.
Data collection
Secondary data: Online reports related to AI and Digital Marketing
Primary data: Questionnaire, Personal Interview, Interview with Marketing
Professional
Sample universe
Basis of sampling:
Sample should be a user of internet or should have knowledge about internet
Sampling Technique:
Judgmental Non Probability sampling can be used to select the individual units for
better productivity of the questionnaire. A well educated person may be able to
reason out the questions in the better way.
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CHAPTER 13 | DATA INTERPRETATION
How familiar are you with the concept of Artificial Intelligence (AI) in the context of
Digital Marketing?
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How has AI influenced your marketing strategy, if at all?
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In your opinion, what aspect of Digital Marketing benefits the most from AI
integration?
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Have you encountered any challenges or concerns in implementing AI in your Digital
Marketing efforts?
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How important do you think AI will be in shaping the future of Digital Marketing?
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Are you currently using any AI-powered tools for social media management?
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How do you think AI can enhance customer experience in the realm of Digital
Marketing?
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Which AI application do you believe has the potential to revolutionize Digital
Marketing in the next few years?
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Would you be interested in attending a workshop or webinar on integrating AI into
Digital Marketing strategies?
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CHAPTER 14 | EXAMPLES OF AI IN DIGITAL
MARKETING
A deep dive into AI marketing examples
To better understand AI in marketing and how it generates results for various brands
in different industries, we have some inspiring AI marketing examples, with case
studies of Nutella, Netflix, Volkswagen, JP Morgan Chase, etc.
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CHAPTER 15 | SUGGESTIONS
Marketers can use technology to analyze trends and predict the future. Based on
these facts, they can decide how to allocate their funds and target them. Brands can
spend less money on digital advertising and spend more time on meaningful work.
From the planning stage to the transformation and customer loyalty stages, artificial
intelligence plays an important role in the success of every business. Therefore,
companies using artificial intelligence will gain a competitive advantage. Machines
have been created with the ability to replicate skills associated with the human mind,
especially learning and problem solving. By analyzing user data and helping
marketers understand user intent, AI is helping marketers make informed decisions
about the changing world of content. Marketers can use AI to create content for
simple stories like new products and sports news.
Artificial intelligence can also be used to find security software. Software developers
can use AI to test for vulnerabilities in their products, similar to how criminals look for
vulnerabilities in software. When choosing a tool, it is important to consider the need
to understand why the particular AI platform was chosen. Based on this algorithm, the
business team will receive a clear report on why certain decisions were made and
what information is relevant to this decision. In contrast, machines using advanced
deep learning may not be able to provide a clear cause. AI algorithms learn from data
to create new, useful tools, and AI data can be separated from the original training
data. Therefore, in order to manage information and its value, all assets must be
managed equally. The infrastructure that supports big data, storage and analytics
should be treated as an asset like any other business. Additionally, some businesses,
such as banking, are vulnerable due to the connection between other people and are
more important to protect.
Artificial Intelligence technology can group and process data from multiple platforms
to draw conclusions and apply data-driven decision-making processes. The business
world has always undergone significant change as power has shifted from business to
the consumer. Companies are growing rapidly and businesses are investing in
systems designed to capture, process and use large amounts of business and
customer data. Marketers can now use AI solutions to understand what customers
think, say and feel about their brand. Similarly, marketers can use multiple social
media channels to understand what their customers are thinking. Forward-thinking
marketers can instantly use this information to quickly change messaging or branding
for maximum impact. While there are many ways to improve digital advertising and
marketing budgets, business intelligence solutions allow marketers to improve
understanding and analysis.
The concept of business has evolved from the age of assembly and support to the
age of connection and intelligence. Over the years, advances in computer science
have changed the meaning of ideas, innovations, and innovations. Therefore, the
business model has evolved. The Internet of Things has changed the concept of
information processing. In addition to providing greater access to user data, these
tools also make the tool smarter by monitoring and recording how users interact with
them.
Also, as research on IoT technology advances day by day, businesses are using it to
convert data collected from IoT into widgets for adult development and development
The efficiency of any business can be increased by understanding the market and
customers. IoT devices can be useful in the manufacturing process
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CHAPTER 16 | CONCLUSION
Digital marketing, an industry continuously transforming, reveals a paradigm shift,
where AI is not just a trend but a core business process. AI is by now an inevitable
tool for the marketers trying to remain on top in the ever-evolving technological age. It
reshaped the landscape of marketing operations such as personalized content
recommendations, predictive analytics and also automated advertising.
Indeed, incorporating AI into the digital marketing isn't just about adopting the latest
technology; rather, it is about appreciating its capabilities and applying it wisely so as
to yield some significant results. As we conclude this blackbook, it's essential to
emphasize several key points: As we conclude this blackbook, it's very essential to
emphasize the several key points:
Continuous Learning: The field of AI is highly dynamic with AI algorithms, tools, and
methods coming out very often. The marketers have to devote real time and effort in
continuous learning and development so that they remain up to date with the recent
trends and innovations in AI- drove marketing.
Ethical decisions: In the light of the growing power of business intelligence, ethics and
data privacy are very high on the agenda more than ever. Thus, marketers need to be
very careful with AI usage and it should be transparent enough for the consumer
protection from privacy concerns and also ethical considerations.
Agility and Adaptability: The agility and adaptability are crucial in the dynamic and
fast-paced digital environment. Marketers will need to be willing to experiment, iterate,
and pivot as necessary, utilizing AI technologies to deliver agility and responsiveness
within their marketing strategies.
Resilience and Preparedness: Just as any other technological breakthrough, the use
of AI in digital marketing will be both a blessing and a curse. Marketers have to learn
how to be resilient to navigating different disruptors, for example, algorithmic
changes, data breaches, and behavior modifications. Through staying informed and
taking in-advance actions, businesses can minimize the risks and take advantage of
the opportunities arising in the environment dominated by AI.
In summary, it is apparent that the future of digital economy premised on the rise of
intelligence. Organizations that use AI thinking, reasoning, and ethics will have new
avenues for expansion, teamwork, and advanced innovation in an intensely
competitive market. In the following white paper, we consider some benefits of digital
intelligence which is helpful for the marketers, being a road map for them to adapt
change, get result and shape the future of business in the digital era. For digital
marketing to realize all possibilities of intelligence it must come up with a joint and
detailed strategic plan that incorporates ethical thinking, collaboration, taking care of
customers, measurement, Knowledge about international matters, collaboration and
efficiency. This is calling for marketers to adopt the change and to accept the possible
transformational nature of AI so that AI can be utilized to approach success and gain
innovative edge in the digital business landscape.
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