Vivan Dipnarine - 5m: English A Oral Presentation 2024

Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

Oral Presentation: The Impact of Artificial Intelligence on Marketing

Introduction
Good morning/afternoon, everyone. Today, I will be discussing a topic that has dramatically
transformed the world of business—the impact of artificial intelligence on marketing. Artificial
intelligence (AI) is no longer a futuristic concept; it is actively being used across industries to
improve efficiency and customer engagement. In marketing, AI plays a crucial role in everything
from data analysis to personalized advertising. My presentation will explore how AI is being
used in marketing, the benefits it brings, and the potential challenges associated with its
adoption.

Body
1. AI-Driven Personalization
One of the most significant impacts of AI on marketing is the ability to deliver personalized
customer experiences. AI algorithms analyze consumer data, such as browsing behavior and
purchase history, to offer highly targeted recommendations. For instance, platforms like Amazon
and Netflix use AI to recommend products and content tailored to individual preferences.

This level of personalization improves customer satisfaction and retention, as people are more
likely to engage with content or products that feel tailored to them. According to research,
businesses using AI for personalization see up to a 10-20% increase in sales.

2. Chatbots and Customer Service Automation


AI-powered chatbots are revolutionizing customer service by providing immediate assistance to
users, 24/7. These chatbots can handle basic customer queries, process orders, and even
troubleshoot problems. By automating these processes, businesses reduce response time and
improve overall customer experience. For example, companies like Sephora and H&M use AI
chatbots on their websites and social media to help customers make purchasing decisions.

This allows marketing teams to focus on more complex tasks, ensuring that the brand remains
accessible without overwhelming human resources.

3. Data Analysis and Predictive Analytics


Marketing teams today have access to a vast amount of consumer data. AI helps process and
analyze this data to identify patterns and trends that would otherwise be missed. Predictive
analytics powered by AI can forecast customer behavior, enabling businesses to make informed
marketing decisions. For example, AI can predict which customers are more likely to make a
purchase, allowing companies to allocate their resources more effectively.

In the long run, this boosts marketing ROI by ensuring that campaigns are data-driven and
aligned with customer preferences.
4. Programmatic Advertising

AI has also revolutionized how advertisements are bought and placed. Programmatic
advertising uses AI to automate the buying of ads, targeting specific audiences more efficiently.
Through AI, brands can automatically purchase digital ads that are more likely to be seen by
their target market. This reduces human error and ensures that ads reach the right people at the
right time.

As a result, programmatic advertising improves the efficiency and precision of ad spending,


reducing costs and increasing conversion rates.

Conclusion
In conclusion, artificial intelligence has had a profound impact on marketing. From personalized
experiences and automated customer service to data-driven insights and programmatic
advertising, AI is helping businesses operate more efficiently while improving customer
engagement. However, it is important to note that challenges, such as data privacy and ethical
concerns, need to be addressed as AI continues to evolve. Despite these challenges, the
benefits of AI in marketing are undeniable, and it is likely that AI will continue to play an
increasingly important role in shaping the future of marketing.

Thank you for listening. I am happy to take any questions you might have.

You might also like