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International Journal of Research in Management

Vol. 6, Issue 1, Part F (2024)

Harnessing the power of artificial intelligence in marketing: Current trends, persistent challenges, future prospects

Author(s):

Dr. Niyati Chaudhary

Abstract:

AI has numerous applications across industries, automating tasks, improving decisions, enhancing productivity, and enabling innovation. In marketing, AI transforms customer understanding, campaign creation, and data analysis. However, AI raises concerns like job displacement, algorithmic bias, privacy, and security. As AI advances, its societal impact is expected to grow significantly. AI has revolutionized marketing, offering tools to enhance efficiency, accuracy, and effectiveness. AI enables analyzing data to identify patterns and trends, allowing more accurate customer segmentation. Marketers can create detailed customer profiles and target specific segments with personalized messages. AI-powered algorithms analyze customer behavior to deliver personalized content and recommendations, increasing engagement and conversion rates. AI can generate and optimize content, including articles, emails, ads, and product descriptions, based on data analysis and audience insights. AI-powered automation streamlines marketing workflows, automating repetitive tasks like email, social media, and campaign management, saving time and enabling strategic focus. Overall, AI is transforming marketing, enabling highly personalized, targeted, and effective campaigns that drive better results and ROI.

Pages: 509-514  |  91 Views  42 Downloads


International Journal of Research in Management
How to cite this article:
Dr. Niyati Chaudhary. Harnessing the power of artificial intelligence in marketing: Current trends, persistent challenges, future prospects. Int. J. Res. Manage. 2024;6(1):509-514. DOI: 10.33545/26648792.2024.v6.i1f.182
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