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Why brands must bridge the knowledge gap in AI adoption

Martech

By late 2023, 60% of leaders believed AI and machine learning would have a major impact, according to a CMSWire survey (download required). In 2023, IDC estimated AI spending to be $150 billion, with projections to exceed $300 billion by 2026. Gartner’s 2024 CMO Spend Survey shows that marketing budgets have fallen to 7.7%

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67% of marketers say lack of training is primary barrier to AI adoption

Martech

While 99% of marketers say they’re personally using AI, 67% say a lack of training remains a barrier to its adoption at work — three percentage points higher than in 2023, according to a new survey by The Marketing AI Institute. The number of people who “couldn’t live without AI,” jumped from 6% in 2023 to 15% today. Processing.

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The 4 types of content buyers want

Martech

The content we discovered fit into one of the following four categories. In interviews, the cynical side of me also picked up that perhaps prospects were requesting they end the conversation — but that might just be me. We also found that attendee-to-lead conversion was increasingly more difficult in late 2023 and 2024.

B2B 136
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Optimistic marketers increase expected ad spend

Martech

Buyers increased their 2024 ad spend projections to +11.8%, up from +9.5% Dig deeper: RMN ad spending up 26% but questions remain Interestingly, the report notes that goals can vary by channel. Email: Business email address Sign me up! projected at the end of last year, according to a new IAB report. Processing.

Retail 119
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It’s the age of AI agents: See how marketers can build one themselves

Martech

Yes Many early agents were legacy products re-launched under an AI banner, with almost everything in tech labeled as “AI” in 2023. When you combine natural language with the ability to process data — both structured and unstructured — the capabilities start to open up even further. Are agents just re-packaged versions of automation?

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Position-less Marketers Empowered to Bring the ‘Personal Shopper’ Touch to Online by Optimove

Martech

Unsure of what to choose, a personal shopper comes up to you. average above target in 2023. With the backbone of a robust Customer-Led Marketing platform part of the science behind the magic is AI-enabled marketing and generative AI (genAI), which empower marketers to do the following: Gain strategic insights.

Retail 118
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How marketers are leveraging Olympics’ focus on women’s sports to drive engagement

Martech

Connect sports to culture With more visibility, women athletes are showcasing their star power in major brand campaigns, following in the footsteps of trailblazers like tennis legend, and four-time gold medalist, Serena Williams. Strategic use of social media allows brands to boost engagement and drive awareness within a new segment of fans.”

Sports 118