1. Brands Are Using Gen AI to Tailor Ads.
- Author
-
OSTWAL, TRISHLA
- Subjects
ARTIFICIAL intelligence ,GENERATIVE artificial intelligence ,CHIEF marketing officers ,ADVERTISING ,CONSUMER behavior ,ADVERTISERS - Abstract
Brands like eBay, Progressive, and Diageo are using generative AI to create more impactful advertising. Progressive saw a 197% increase in quote requests when using gen AI-powered audio ads. eBay has expanded its use of gen AI to detect trends and incorporate them into relevant emails and ads. Diageo uses gen AI for media planning, ad generation, and customer relationship management, finding that it helps them reach audiences more precisely. A Gartner survey shows that 88% of marketers plan to implement or have already implemented gen AI. However, challenges arise from collecting and activating data due to privacy laws and the deprecation of cookies. Progressive used gen AI to write scripts and provide synthetic voiceovers for 96 AI-generated audio ads, creating a higher volume of ads more quickly. Diageo used gen AI to find people who fit specific consumer profiles on platforms like Meta and The Trade Desk. eBay is using gen AI to improve the relevance of its items for buyers by creating curated outfit carousels and targeted email subject lines. [Extracted from the article]
- Published
- 2024