14 Apr 2023

AI Brings Down Digital Marketing Costs by 50%: Myth or Fact

AI Brings Down Digital Marketing Costs by 50%: Myth or Fact

Is Artificial Intelligence transforming the Digital Marketing Industry? If your answer is “YES” then you need to clearly understand what AI is, and what are the benefits and limitations of Chatbots, and expectations Vs reality. First of all AI marketing is a cutting-edge approach that makes use of intelligence technologies to gather data, get customer insights, forecast customers’ next moves, and make automated decisions. One of the best methods to transform the business sector is through AI marketing. Firms need artificial intelligence (AI) because it helps both big and small firms succeed, ensures effective decision-making, and revolutionizes management.

Does this imply that a Chatbot is a more effective salesperson than a human being?

Absolutely Not. Buy you might think about how AI brings down the digital marketing costs. AI helps to reduce digital marketing costs in some ways like Chatbots offer automated customer interaction service, automate recruiting and hiring- while selecting CVs, improve communication efficiency, building customer relationship. But each and everything has its own limitations, nothing can replace a human brain and talent.

The facts are:

The quality of an AI tool’s output depends on the quality of its input data

Businesses are developing an AI-driven marketing automation strategy and utilizing already-existing solutions that are AI-powered to get better ROI. To support marketers and advertisers, AI tool implementation alone is insufficient. Applications and tools for artificial intelligence (AI) are built on algorithms; however the AI can only produce outcomes based on the inputs that are provided to it.

AI cannot be utilized to replace human marketers; it can only be used to help them.

It is impossible to allocate significant funds to the implementation of AI technologies with the hope that they would handle all of your marketing duties. Even if you successfully build an AI tool, you still need to examine and tweak the algorithm from time to time. Making certain that procedures are efficient and meet your needs.

So you can’t replace a professional digital marketing team with AI. AI marketing can’t completely replace humans in the field of digital marketing. Yes, specific activities will be replaced by AI marketing, but not essential human responsibilities in digital marketing. Even with the use of AI in marketing, the field of digital marketing still depends on human intelligence because, at least for now, human qualities like empathy, compassion, and storytelling cannot yet be replicated by machines.

In a nutshell, the combination of AI and human talent will help you build your business in a great way. As AI need to be monitored to make sure it work in a proper manner or not, and need to check the quality, so human + machines make a great impact in digital marketing. Digital marketing always helps brands reach their target audience and promote their product or service. eWoke As the Best Digital Marketing Agency in Kochi, Kerala connect our team of experts to learn more about how we can help you to reach your business and marketing goals.

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