ChatGPT's Role in the Evolution of B2B Marketing – A New Perspective
Despite its recent entrance to the scene, ChatGPT, a notable generative AI tool, is already stirring the waters. We've noticed several businesses incorporating it into their routine activities, some just beginning to explore it, while numerous others are still uncertain about what it represents.
Before diving deeper, it's crucial to define a few terms. AI is a wide-reaching concept that pertains to enabling machines to accomplish tasks that ordinarily require human cognition. It's likely that AI will instigate significant changes in the not-so-distant future. Generative AI is a subtype of AI that uses the technology to generate text, images, or other media based on voice or text prompts. ChatGPT is one of the most renowned platforms for generative AI text, but there's an array of others. In the realm of image generation, DALL-E is capturing attention, and other mainstream companies, including Acrobat, are entering the generative space.
Essentially, you can instruct these programs in plain language and they deliver the results within moments. The beauty of it lies in the iterative process - if the output doesn’t match your vision, tweak the prompts and the program refines the output accordingly.
But is this something to get thrilled about?
In a bygone era, humans were employed to manually perform complex calculations, mostly for accounting tasks. The arrival of calculators and accounting software rendered this practice obsolete. The transition may have taken some time, but the concept of manually crunching numbers now seems ludicrous.
The essence of human touch
Once upon a time, marketing was about broad reach utilising costly channels like TV, radio, and press. The internet revolutionised this by facilitating targeted marketing driven by content creation. With generative AI, everyone now has the capacity to generate substantial content. So, what will set marketers apart?
In a landscape where everyone has the same arsenal, the victors will be those who can innovate and the brightest ideas will still shine. And although we might be closer to AI creating top-notch ideas, the unique human touch will always be the distinguishing factor.
In B2B marketing, content needs to be technically sound and authentic. While generative AI can save time, discerning B2B businesses will still need to use their judgement to ensure the appropriateness of the content they disseminate.
Despite some waning interest in metaverse socialising, the desire for entertainment and fun remains, indicating scope for creative and engaging virtual experiences. As for virtual hangouts, these could be adapted into collaborative digital spaces for remote teams or global partners within these sectors.
Automating sales?
AI is radically transforming marketing by providing better insights and enabling large-scale personalised campaigns. In the B2B landscape, it can monitor potential buyers, logging and scoring interactions with your marketing channels, thereby helping identify when a customer is ready to make a purchase.
While AI can continue to send increasingly personalised content, it can't replace the charm of a personal phone call. You could technically devise a system to auto-dial prospects, but it can't substitute genuine human relationships. Companies that nurture these relationships will always shine brighter.
In conclusion, while AI will instigate significant changes, some aspects will remain unaffected. B2B marketing will always hinge on building genuine connections, delivering the right message to the right people at the right time. Marketing will always stand out by offering something new or adding value in ways others aren't doing. Progressive companies will need to remain agile, making the most of these tools where beneficial, leveraging human judgement where it offers an advantage, and discerning between the two wisely.