AI Marketing Terms
Ad Optimization:Â Leveraging AI to optimize ad campaigns in real-time.
Algorithm:Â A set of rules or procedures a machine follows to complete a task.
Anomaly Detection:Â Identifying patterns in data that do not conform to expected behavior.
Artificial Intelligence (AI): Machines programmed to mimic human intelligence processes.
Bias:Â Errors or unbalanced weight in training data leading to skewed outcomes.
Chatbots:Â Software that can simulate conversation with human users, typically for customer support or gathering information.
Churn Prediction: Identifying customers who are likely to discontinue using a product or service.
Computer Vision:Â Enables machines to interpret and decide based on visual data.
Content Generation:Â Using AI tools to assist or automate the creation of content.
Conversational Marketing:Â Engaging customers in one-on-one conversations across platforms.
Customer Lifetime Value Prediction (CLV):Â Predicting the net profit attributed to the entire future relationship with a customer.
Data Mining:Â The process of discovering patterns and knowledge from large amounts of data.
Deep Learning: A subset of ML that utilizes neural networks with many layers.
Dynamic Pricing:Â Adjusting prices in real-time based on market demand, competitor prices, and other external factors in the environment.
Feature Engineering:Â The process of selecting the variables used in an ML model.
Generative Adversarial Networks (GANs):Â Two networks (the generator and the discriminator) are trained simultaneously through adversarial processes.
Image Recognition:Â The process of identifying and detecting objects or features in a digital image or video.
Look-alike Modeling:Â Identifying new potential customers who resemble a company’s best existing customers.
Machine Learning (ML):Â A subset of AI where computers learn from data without explicit programming.
Natural Language Processing (NLP):Â A field of AI that helps machines understand and respond to human language.
Neural Networks:Â Algorithms inspired by the human brain designed to recognize patterns.
Personalization Engines:Â AI tools that analyze data to provide individualized content or product recommendations.
Predictive Analytics:Â Using historical data to predict future outcomes.
Propensity Modeling:Â Predicting the likelihood of a specific event happening.
Recommendation Systems: Algorithms that suggest products to users based on their previous interactions.
Reinforcement Learning:Â Machines learn by trial and error, getting rewards or penalties for actions.
Retargeting:Â Using AI to promote products to users based on past behaviors.
Segmentation:Â Dividing a market into distinct groups of buyers with different needs or behaviors.
Sentiment Analysis:Â Determining the emotional tone behind words to gain an understanding of the attitudes, opinions, and emotions expressed.
Supervised Learning:Â Training machines using well-labeled data.
Transfer Learning:Â Using pre-trained models on a new but related problem.
Unsupervised Learning:Â Allowing machines to learn from unlabeled data.
Voice Search Optimization:Â Optimizing for voice-activated searches.
Â