5 AI Trends Every Marketing Leader Should Know

5 AI Trends Every Marketing Leader Should Know

Article - AI
By Verena Fiebelmann|3rd May 2024

In the fast-paced world of marketing, staying ahead means embracing Artificial Intelligence (AI) to its fullest potential. Recent discussions at our showcase ‘The Power of AI in Modern Marketing’, revealed key insights that every marketing leader should integrate into their strategies.

Here are 5 AI trends every marketing leader should know:

1. AI-generated visual content dominance: AI-generated images are set to dominate the visual content landscape. As Geert Eichhorn, Executive Innovation Director at Media.Monks, shared during his keynote: “90% of images will be generated by AI in 2025”. This monumental shift emphasizes the need for marketing leaders to adopt AI-powered visual strategies.

The keynote also touched on the huge opportunity of AI to expand your brand identity and personalization. Ken Hoge, Global Alliance Director at Stability.ai added: “There will be a day that everyone will have their own ad”. It’s imperative to leverage tools and platforms that harness AI to create visually compelling content that resonates deeply with the target audience at scale.

2. Customer-centric strategy roots: To unlock the true potential of AI, marketing strategies must be deeply rooted in understanding and catering to customer needs and preferences. Helen Xing, Data Partner GTM at AWS put this succinctly: “Start with why, working back from the customer”. Marketing leaders should prioritize investments in AI technologies that facilitate deep customer insights and enable hyper-personalization at scale.

3. Change management for AI readiness: Achieving AI readiness goes beyond merely adopting cutting-edge technology; it requires adeptly navigating the complexities of change management within organizations. Helen Xing, Data Partner GTM at AWS says: “How can you get AI ready? AI is the tip of the iceberg… But what’s beneath the iceberg? It’s change management. And change is hard”. Marketing leaders play a pivotal role in driving organizational alignment and fostering a growth mindset to capitalize on AI-driven opportunities effectively.

4. Demonstrating tangible ROI: While the capabilities of AI are enticing, organizations often overlook the broader implications. True adoption of AI hinges on demonstrating tangible ROI and delivering real value through AI-driven initiatives. Phil Lockhart, Chief Digital Officer at Credera shared: “There should be less focus on the AI capability, and more about delivering value”.

Marketing leaders should focus on identifying key performance indicators (KPIs) and measuring the impact of AI implementations to secure buy-in and drive sustainable growth.

5. Ethical considerations in AI: In the rapidly evolving AI landscape, ethical considerations are paramount. Dr Yair Adato, Co-founder and CEO at BRIA AI shared his perspectives during the panel discussion regarding responsible deployment, bias mitigation, and stakeholder trust. Marketing leaders must prioritize ethical AI practices to ensure transparency and accountability in decision making processes.

These 5 AI trends and insights underscore the critical role of AI in shaping the future of marketing. By embracing AI to create customer-centric strategies, effectively navigating change management, demonstrating tangible ROI, and upholding ethical standards, marketing leaders can propel their organizations forward in the digital era.

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