The Role of Artificial Intelligence in Marketing Innovation

Authors

  • Verry Albert Jekson Mardame Silalahi Institut Bisnis dan Multimedia Asmi Jakarta
  • Amoi Sanyo Simanjuntak Institut Bisnis dan Multimedia Asmi Jakarta
  • Rahel Sintadevi Siahaan Institut Bisnis dan Multimedia Asmi Jakarta
  • Audrey Gamaliel Dotulong Tangkudung Institut Bisnis dan Multimedia Asmi Jakarta

DOI:

https://doi.org/10.55927/mudima.v4i6.9629

Keywords:

Artificial Intelligence, Marketing Innovation, Customer Personalization

Abstract

Artificial Intelligence (AI) capabilities have become very important in the modern marketing world due to its expertise in analyzing data in depth, predicting consumer behavior, and improving the efficiency of marketing campaigns. The use of artificial intelligence (AI) allows companies to achieve better results in digital marketing by means of content personalization and ad optimization. The purpose of this research is to identify and analyze the role of artificial intelligence in marketing innovation, especially in developing new marketing strategies and improving the effectiveness and efficiency of marketing campaigns. This research uses a qualitative method with a case study approach technique. Data were obtained through semi-structured interviews, focus group discussions (FGDs), and direct observation of five companies that use AI in their marketing strategies. Thematic analysis was used to identify key themes from the collected data. The study shows that artificial intelligence (AI) improves customer personalization and segmentation, operational efficiency, and customer sentiment analysis. AI can also predict sales more precisely and optimize digital advertising, which helps improve overall marketing performance. The application of artificial intelligence (AI) in marketing has a major positive impact on the effectiveness and efficiency of marketing campaigns. These results can provide useful advice for marketers in utilizing artificial intelligence more effectively, as well as contribute to research on the role of artificial intelligence in marketing innovation

References

Aditya Nirwana, Sudarmiatin, & Melany. (2023). Implementation of Artificial Intelligence in Digital Marketing Development: a Thematic Review and Practical Exploration. Jurnal Manajemen Bisnis, Akuntansi Dan Keuangan, 2(1), 85–112. https://doi.org/10.55927/jambak.v2i1.4034

Akande, T. D., & Haq, M. I. (2021). Role of Machine learning in Online Advertising. 8(8), 737–740.

Akbar, M. N., Azizah Salsabila, Aldi Perdana Asri, & Muhammad Syawir. (2023). Analisis Clustering Untuk Segmentasi Pengguna Kartu Kredit Dengan Menggunakan Algoritma K-Means Dan Principal Component Analysis. AGENTS: Journal of Artificial Intelligence and Data Science, 3(1), 16–24. https://doi.org/10.24252/jagti.v3i1.56

Alghafiqi, B., & Munajat, E. (2022). Impact of Artificial Intelligence Technology on Accounting Profession. Berkala Akuntansi Dan Keuangan Indonesia, 7(2), 140–159. https://doi.org/10.20473/baki.v7i2.27934

Alghiffari, A. P., & Matusin, I. O. (2023). Antecedents of Customer Loyalty on AI Chatbot Users in Banking Applications. Jurnal Pendidikan Tambusai, 7(2), 18915–18927. https://doi.org/10.31004/jptam.v7i2.9380

Cavlak, N., & Cop, R. (2021). The role of big data in digital marketing. Advanced Digital Marketing Strategies in a Data-Driven Era, June, 16–33. https://doi.org/10.4018/978-1-7998-8003-5.ch002

Chen, L., Zhang, H., & Li, X. (2018). Predicting Market Trends and Consumer Behavior Using AI: A Machine Learning Approach. Journal of Market Research and Analytics, 10(4), 200-215.

Davis, S., & Moore, R. (2019). Exploring AI in Market Research and New Product Development: Identifying Unmet Needs and Consumer Trends. Journal of Product Innovation Management, 26(3), 145-160.

Dinata, C., Puspitaningrum, D., & Erna, E. (2018). Implementasi Teknik Dynamic Time Warping (Dtw) Pada Aplikasi Speech To Text. Jurnal Teknik Informatika, 10(1), 49–58. https://doi.org/10.15408/jti.v10i1.6816

Grishikashvili, K., Dibb, S., & Meadows, M. (2021). Investigation into Big Data Impact on Digital Marketing. Online Journal of Communication and Media Technologies, 4(October 2014-Special Issue), 26–37. https://doi.org/10.30935/ojcmt/5702

Karyadi, B. (2023). Pemanfaatan Kecerdasan Buatan Dalam Mendukung Pembelajaran Mandiri. Educate: Jurnal Teknologi Pendidikan, 8(2), 253–258. https://doi.org/10.32832/educate.v8i02.14843

Krishna, C. V., Rohit, H. R., & Mohana. (2018). A review of artificial intelligence methods for data science and data analytics: Applications and research challenges. Proceedings of the International Conference on I-SMAC (IoT in Social, Mobile, Analytics and Cloud), I-SMAC 2018, March, 591–594. https://doi.org/10.1109/I-SMAC.2018.8653670

Lee, K., & Park, J. (2021). Optimizing Digital Advertising Campaigns with AI: Effective Ad Placement and Budget Allocation. Journal of Advertising Research, 17(1), 50-67.

Maihani, S., Syalaisha, S. N., Yusrawati, Y., T.M.Nur, T. M. N., Ria, D., Kumita, K., & Zaki, S. A. (2023). Peran Kecerdasan Buatan Artificial Intelligence (Ai) Dalam Inovasi Pemasaran. Warta Dharmawangsa, 17(4), 1651–1661. https://doi.org/10.46576/wdw.v17i4.3817

N. Yadav, O. Kudale, S. Gupta, A. Rao and A. Shitole, "Twitter Sentiment Analysis Using Machine Learning For Product Evaluation," 2020 International Conference on Inventive Computation Technologies (ICICT), Coimbatore, India, 2020, pp. 181-185, doi: 10.1109/ICICT48043.2020.9112381.

Nguyen, H., & Smith, M. (2020). Enhancing Customer Experience with AI: Personalization and Responsiveness through Chatbots and Virtual Assistants. Journal of Customer Service Management, 22(4), 112-128.

Smadi, T. Al, Al Issa, H. A., Trad, E., & Smadi, K. A. Al. (2015). Artificial Intelligence for Speech Recognition Based on Neural Networks. Journal of Signal and Information Processing, 06(02), 66–72. https://doi.org/10.4236/jsip.2015.62006

Smith, R., Brown, L., & Williams, M. (2019). Enhancing Customer Engagement through AI-Driven Personalization in Digital Marketing. Journal of Digital Marketing Research, 12(3), 45-58.

Taufik, I., & Kurniawan, A. A. (2023). The Role of Artificial Intelligence in Digital Marketing Innovation. Formosa Publisher, 2(1), 29–40.

Thilagavathy, N., & Praveen Kumar, E. (2021). Artificial Intelligence on digital Marketing-An overview. Volatiles & Essent. Oils, 8(5), 9895–9908.

Vaid, S., Puntoni, S., & Khodr, A. R. (2023). Artificial intelligence and empirical consumer research: A topic modeling analysis. Journal of Business Research, 166(October 2022), 114110. https://doi.org/10.1016/j.jbusres.2023.114110

Xu, Q. A., Chang, V., & Jayne, C. (2022). A systematic review of social media-based sentiment analysis: Emerging trends and challenges. Decision Analytics Journal, 3(June), 100073. https://doi.org/10.1016/j.dajour.2022.100073

Yin, R. K. (2016). Robert K. Yin. (2014). Case Study Research Design and Methods (5th ed.). Thousand Oaks, CA: Sage. 282 pages. The Canadian Journal of Program Evaluation, 30(1), 282. https://doi.org/10.3138/CJPE.BR-240

Downloads

Published

2024-06-24

How to Cite

Silalahi, V. A. J. M. ., Simanjuntak, A. S. ., Siahaan, R. S. ., & Tangkudung, A. G. D. . (2024). The Role of Artificial Intelligence in Marketing Innovation. Jurnal Multidisiplin Madani, 4(6), 735–744. https://doi.org/10.55927/mudima.v4i6.9629

Issue

Section

Articles