Look-AI-Like Marketing 



 Look-AI-Like Marketing 


Lookalike marketing isn’t new, it has been a mainstay of the ad tech industry for years. It has been used to help advertisers expand digital audiences while maintaining relevancy of targeting. The principle is simple, brands want to attract new visitors to their site. What better way to do this than to identify prospects who resemble existing customers? What is new, however, is the dazzling variety of ways in which today's digital marketers are deploying lookalike modeling techniques to enhance the return on investment across marketing channels—both online and offline. Look-AI-like marketing modeling, however, utilizes AI to increase the effectiveness of the marketing.


"Technology has changed marketing and market research into something less like golf and more like a multi-player first-person-shooter game. Crouched behind a hut, the stealthy marketers, dressed in business-casual camouflage, assess their weapons for sending outbound messages. Email campaigns, events, blogging, tweeting, PR, ebooks, white papers, apps, banner ads, Google Ad Words, social media outreach, search engine optimization. The brave marketers rise up and blast away, using weapons not to kill consumers but to attract them to their sites, to their offers, to their communities. If the weapons work, you get incoming traffic."

Dan Woods

Customer Acquisition

With more data than ever before on a customer's journey, increased adoption of platforms (like customer data platforms and data management platforms) to centralize and analyze that data, and growing ubiquity of ML tools and techniques, lookalike modeling is breathing new life into old channels. Customer-centric businesses have long recognized that the best way to acquire new visitors is to focus on users who resemble their existing customers (or better yet, high-value customers). For digital marketers looking to drive traffic and conversions, this means identifying and purchasing media against audiences based on a small number of static demographic attributes. Your recent site visitors are statistically more likely to be females, aged 29-35? Perfect—serve display advertisements to similar audiences elsewhere on the web.



Unprecedented Sophistication

Lookalike modeling is a trusty tool in the digital marketer's arsenal—and it’s quickly becoming indispensable to other channels as well. The convergence of ad tech and CRM has made it possible to build lookalike audiences of unprecedented sophistication. AI and machine learning can add even more sophistication to the process, including contextual, geo-location, social, and perhaps even emotional data.

With a single source of customer data spanning online and offline engagement, a brand can unify disparate signals of purchase intent from many customer touch points, including onsite and transaction behavior, email engagement, offline purchases, app usage, call center contacts, product reviews and more. This provides a rich and highly accurate view of the customer. 



Seeding the Audience

The problem is that demographic segment-based targeting, while enabling advertisers to reach audiences at scale, isn’t a great proxy for relevancy. Women aged 29-35 are a diverse demographic, only a subset of whom are likely to be interested in a brand’s offering. As a result, performance can tend to show a steep drop-off as audience size increases. Enter lookalike modeling, a form of statistical analysis that uses machine learning to process vast amounts of data and seek out hidden patterns across pools of users. Lookalike modeling works by identifying the composition and characteristics of a ‘seed’ audience, and identifying other users who show similar attributes or behaviors. By analyzing not just demographic but behavioral similarities—e.g., users who have demonstrated similar browsing patterns—lookalike modeling enables advertisers to leverage powerful and complex data signals to find the perfect audience.


SERVICES

Intelligencia can help businesses implement complex AI solutions to ensure customers are getting the best one-to-one marketing available to them. Intelligencia shows businesses how to treat their customers like the highly valuable assets they are.

Define

Intelligencia can help define your CI + CRM problem as well as provide options for the CI, CX, + CRM products available to you. 

Integrate

Getting your data properly set up and cleansed is an integral step in creating a CX, CRM, marketing, and loyalty system that stands out.

Campaign

Intelligencia can help you build personalized customer communications strategies that will create one-to-one marketing on a massive scale.

Analytics

Now it's time to understand your customers so you can provide them with a service they will honor with deep and long-lasting loyalty.  

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Intelligencia

Intellligencia is a Hong Kong- and Macau-based software consulting company that works specifically in the hospitality, gaming, fintech, esports, manufacturing, retail, sports betting, and travel industries. Although located in Asia, we work with clients as far away as North America, Mexico, India, Armenia, Australia, and the Philippines.

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Address: 505 Hennessy Road, #613, Causeway Bay, Hong Kong

Phone: +852 5196 1277

Email: contact@intelligencia.co

Website: www.intelligencia.co

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