Home Content Studio Overcoming The AI ‘Confidence Gap’ Among US Marketers

Overcoming The AI ‘Confidence Gap’ Among US Marketers

SHARE:

There’s a paradox at play in how marketers are adopting artificial intelligence.

Eighty-seven percent of US advertisers say they plan to increase AI usage over the next 12 months. But only 45% feel confident in their understanding of how AI-powered technologies work. That 42-point gap is an indicator of early friction in AI adoption.

We took a deeper look at what’s driving the divide between aspiration and confidence. In a comprehensive survey, we polled 512 US marketing professionals across both agencies and brands to better understand how they are adopting AI and what might be holding them back.

Early adoption is basic

Usage has accelerated most rapidly in areas like email automation, social media management and customer engagement via chatbots, with 72% of marketers deploying these tools across projects. In many instances, marketers are using the AI features of tools already in their tech stacks, like HubSpot and Mailchimp.

Many early AI engagements are still fairly simple, with marketers leaning on consumer tools like ChatGPT, since more sophisticated, bespoke tools have yet to catch on. That will change in the coming years, as more solutions are developed with marketers in mind.

Challenges stem from a lack of knowledge

There are a few reasons why our industry is experiencing friction in AI adoption.

First, we’re witnessing a meaningful knowledge gap. Forty-seven percent of respondents say they don’t understand how AI works. Until they do, there will be a ceiling capping usage of new tools and providers.

Second, many of us are in the early stages of navigating compatibility challenges. Only 39% of marketers are confident in their team’s ability to use AI to create useful intelligence and insights. When an existing AI tool isn’t compatible with brand or client data, we won’t risk trying to make it part of our process.

Finally, the majority of us are not sure how to approach marketing in this shifting landscape. Fifty-four percent of us can’t confidently say we are measuring success against the right business goals. We are clearly still in a consideration stage in terms of how to integrate AI into our workflows.

Practical solutions

To move forward confidently with adoption, marketers should:

Invest in AI literacy across teams. Confidence comes from competence. Ongoing AI training needs to be a part of everyday marketing practices.

Adopt partner-agnostic solutions. AI works best on complete, connected data. Use tools that integrate multiple platforms and sources to eliminate silos and deliver more accurate insights.

Integrate AI into performance measurement. AI can’t optimize what it can’t measure. Connect AI systems to your campaign KPIs to measure real-time results and prove business impact.

Marketers who are taking a meaningful look at their workflow, seeking out new tools to trial and bringing their teams along will win in the year to come.

For more data and details, click here to read the full report.

For more articles featuring Jordan Bitterman, click here.

Must Read

Comic: Causal Meets Casual

Jones Road Beauty Is Using A New Type Of MMM To Reset Its Media Measurement

Inside how Jones Road Beauty is trying to turn messy, conflicting measurement signals into a single testing roadmap for its media mix.

Comic: America's Mext Top AI Model

AI Is Moving Fast. The Law, Not So Much

IAPP’s Global Summit in DC was a reminder that AI is moving fast – and judges, privacy lawyers and practitioner are racing to keep up.

CIMM Is Out To Prove That All Media Isn’t Equal

An upcoming paper from CIMM doesn’t just demonstrate that differences in media quality can be measured. It also argues that tying media value to short-term outcomes has perpetuated longstanding industry challenges.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

TikTok On Why Brands Can’t Buy Its New Ad Formats Programmatically

Not unlike last year, the mood during TikTok’s NewFronts presentation last week felt like cautious optimism, if not outright relief.

Meta’s NewFronts Message To Advertisers: Embrace The Noise

Can a good sales presentation offset the impact of a very bad news week? That’s a question for Meta, which collected two guilty verdicts in court this week for failing to protect children and creating additive products.

AI Helps Manscaped Trim Social Chatter Down To The Bare Essentials

Meet Clamor, a new social listening product that pulls cultural insights from online conversations in real time. Clamor helped Manscaped freshen up its marketing, including for this year’s Super Bowl.