How to Implement Affordable AI in 3 Steps, According to the Marketing AI Institute Director
Artificial IntelligenceHow to Implement Affordable AI in 3 Steps, According to the Marketing AI Institute Director
Artificial intelligence is continuing to make an impact on the business world. In fact, McKinsey predicts that up to $2.6 trillion in value will be unlocked by AI in marketing and sales alone.
But, if you're less tech-savvy, you might be intimidated by terms like "artificial intelligence," "machine learning," and "algorithms." You probably also hear about these technologies and think to yourself, "My business definitely can't afford that."
This makes sense. As a good marketer, you should be skeptical about high-priced emerging technologies. After all, we hear a lot of hype about AI from all sorts of blogs, news outlets, and vendors. But, still, sometimes it's hard to tell how a tool works and if it's actually worth your money. Additionally, if you're less familiar with AI, it might seem like it's only a technology used only by industry-leading behemoths.
There are so many misconceptions about AI in marketing, that my colleagues and I launched the Marketing AI Institute. At the organization, we aim to make AI approachable and actionable for marketers. To date, we've vetted dozens of AI solutions and have monitored more than 1,500 sales and marketing AI companies with combined funding north of $6.2 billion.
As the Institute's director, I’ve advised small and medium-sized companies on AI implementations. We've also piloted several AI tools in our own marketing operations at the Marketing AI Institute -- often for no or extremely...
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