Can AI replace your entire marketing department?
I spend my December holidays doing two things:
Stress—I wait for the new year to start because I find it nearly impossible to relax when the whole world is unavailable, and the economy is at a standstill. I’m at my most relaxed when I work.
Read—I catch up on the numerous podcasts, videos, and articles I have bookmarked throughout the year but haven’t had time to read or listen.
One of the things I laboured through, not because it is so long but because it is so dense—is a video by the celebrity-ex-professor Mark Ritson on the history and future of brand management. I’ll spare you the details, but here’s the key part for me, seven minutes from the end:
That’s right. According to Mr Ritson, in about ten years from now, AI will do all your marketing, from devising a marketing strategy to conducting market research, defining a communications plan, designing ads, and managing the roll-out—the whole shebang.
Granted, we see a lot of fancy - and fanciful - predictions, especially when it comes to the overlay between marketing and technology. But somehow, Mr Ritson’s prediction hits home. He’s not bullshitting (his presentation is littered with colourful language), and he has his ear to the ground.
So I’m writing to tell you that your greatest (business) fantasy is about to come true. Soon, you’ll be able to automate all of your marketing, and the burden will be off your shoulders. You can already see this happening - try briefing your preferred AI tool to do the following:
- Market research: Describe your typical customer to your AI, and then ask it some questions about how it would think and behave. It will answer them almost exactly like a real customer - it’s called synthetic research.
- Marketing plans: Tell it who your target market is, describe your marketing objectives and value proposition, and ask for a marketing plan. The result will be pretty close to the mark.
- Marketing communications: Ask it to recommend a communications campaign, complete with the script for a billboard, radio advert and magazine article, and voila!