Every time you use a digital assistant, receive a recommendation from Amazon or use an app to find the fastest route, you’re using artificial intelligence. AI has changed our lives in countless ways, but I’ve noticed most agencies still struggle to harness its power to improve their business.
In truth, AI is already a part of agency life — and its influence will only become more profound. According to a recent report, AI in marketing is predicted to be a $21 billion market by 2023.
Clearly, this growth means agencies may want to get on board. They also may need to grapple with determining what data to collect, how to analyze it, which tasks to automate and how AI can help clients.
In my agency, we typically use AI to analyze the content, context and outcomes of client calls. Our findings, ideally, lead to higher profitability and retention rates.
If you feel behind when it comes to AI, don’t stress — there’s still plenty of time to integrate the tools to optimize your agency operations and strategy. With that said, choosing not to use AI may not be the best option. It doesn’t seem to be a fad, and the future of your agency may depend on it.