While humans remain crucial in a partially automated advertising industry, they can only cope with the complexity of the various channels and their idiosyncrasies with real-time computer support. That’s why it’s not a question of WHETHER we use AI in media and marketing, but HOW and where we use it. And how we organise, orchestrate and regulate interaction between humans and machines.
When we talk about AI at Mediaplus, we tend to interpret the term as “Augmented Intelligence”. It combines the human brain, with all its knowledge and experience gained over decades, with the new possibilities offered by machine learning and artificial intelligence. Depending on the process and task, there are a wealth of different models when it comes to how humans and machines collaborate and share responsibilities.
According to a study by the German Association for the Digital Economy (BVDW), 40 per cent of German companies state that applications with generative AI are used several times a week at their respective companies; only 7 per cent never use them. AI is ushering in a new era or phase of brand management. However, it will only expand the market share of companies and brands that use it faster, more consistently, more intelligently and more precisely for their own needs. In order to decide which set of data and tools makes sense at which stage of media planning, we need highly trained experts to select the data and tools or program their own applications for the specific use case.
The aim is to make our solutions and media delivery more intelligent for our clients. No less important is the objective of making the ever-increasing complexity tradable for the agency and keeping it transparent for the client. At the same time, our media talents should focus more on strategic issues than on pure execution. The right mix of human and artificial intelligence and finding the right employees with the right skills – or training them appropriately – will be key to staying ahead of the field.
But AI is not only as good as the human who controls it, but also only as good as the data with which it is trained. But what is the ‘right’ data? This depends on the initial situation and the advertiser’s brief. This could be usage data from the mobile and fixed-line Internet, from social networks, from benchmark campaigns, but also large volumes of first-party data from clients (point of sale, target group data, price information, data on competitors, etc.) or data from market research (consumer panel, consumer research). The particular challenge in our day-to-day work is to identify, devise and put into operation the appropriate set of data and tools for the respective client in such a way that we can optimise them as the process unfolds – ideally in real time. For this to work, high-quality data is essential.
In order to achieve optimum advertising impact, we – as an international group of media agencies – have defined a planning process for our work that guides us in the use of AI across national borders. This process structures requirements and enables us to assign the correct procedures, (AI) tools and data to each step of the process. This not only facilitates mutual learning within our group, but also sets standards and points of reference.
These are just a few examples of how media agencies can use AI. We are continuously testing new application scenarios for the use of machine learning and artificial intelligence in the media – but only where it makes sense.
Our job is to provide advertising clients with more guidance in times of growing complexity. This is the basis for better media investment decisions. Advertising clients will need even more support and advice in the future, but a media agency will only be able to provide high-quality advice if it is able to draw on a continuously optimised database and corresponding predictive models. AI is the key and the foundation in this regard. AI enables us to provide high-quality advisory services in all areas with the aim of achieving increasingly differentiated and target group-specific communication across all possible channels – despite requirements increasing exponentially due to the growing fragmentation of channels.
But the decisive competitive factor lies in the people who are able to evaluate the possibilities and limitations of new technology, our augmented intelligence. Our focus is on expanding this form of AI.
Author: Matthias Brüll, CEO Mediaplus Group
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