An Introduction to Deep Learning in Digital Marketing

An Introduction to Deep Learning in Digital Marketing
The digital marketing industry is moving towards deep learning in order to create more intelligent, better predictive systems. These systems are able to determine the probability of customer’s decision based on their activities and internet habits, even when there was no previous data about these individuals.

An example would be Google’s advertising system which will show you relevant ads based on your search history, because it has learnt what you’re interested in via your previous searches and posts on social media networks like Instagram or LinkedIn.

In this introduction to deep learning in digital marketing we’ll cover the following topics:

How marketers can benefit from deep learning

What is deep learning?

Deep learning is a branch of machine learning in which neural networks are used in order to teach machines how to think in the same way that humans do. These artificial neural networks are very complicated algorithms, with millions of parameters allowing them to learn with each new piece of data they’re exposed to. These “neurons” are able to change their own connections based on what they’ve learned, further strengthening their ability to make predictions about future behavior.

In the context of digital marketing, research in deep learning led to intelligent systems that predict customer activity and decisions. These predictions are carried out by artificial neural networks (ANNs). ANNs are a form of machine learning algorithm that tries to mimic the architecture of the human brain’s neurons and synapses.

Deep learning explores the idea that neurons can be thought of as processing elements (e.g., multipliers or adders) instead of simple mathematical functions. For example, deep learning has been used to create more advanced neural networks than the ones previously used in traditional machine learning algorithms. These networks contain many more processing elements than just simple mathematical functions.

The concept of ANNs and deep learning was first presented by Warren McCulloch and Walter Pitts in 1943. In their step-by-step book “Biological Cybernetics” the researchers explored how to put the ideas into practice. Today, artificial neural networks are widely used in AI systems at various levels of classification, including customer sentiment analysis, speech recognition and computer vision.

In practical terms, deep learning has been used to create machines that can recognize images, videos and audio content as well as understand human language. In marketing, deep learning is used to build intelligent systems that can predict the buying behavior of consumers based on their digital activities.

Examples of deep learning powered systems in digital marketing are:

  • Google Ads (Google actually uses a combination of deep learning and artificial intelligence to make better predictions of customer behaviours)
  • Amazon’s Alexa assistant (Amazon uses deep learning to improve the service it gives to its customers by offering new products and services, make recommendations and carry out transactions)
  • IBM Watson (IBM uses deep learning to solve complex customer problems and support its customers in making better business decisions).

How deep learning works

Deep learning techniques are used to connect the input with the output in an artificial neural network.

ANNs are interconnected groups of nodes (artificial neurons) which are connected to each other. These groups of neurons are trained using data that has already been classified, so that the system is able to classify new data.

The more data you feed into the network, the more it learns and gets better at processing new data correctly. Each individual neuron is connected to one or more than one other neurons by creating links between them. The links have a weighting attached that produces a reaction from each neuron when a signal passes through it. In digital marketing, you can use this reaction to predict customer behaviour based on previous interactions with your website, email campaigns and digital ads.

How deep learning works

source: ibm.com

The most basic way to think of deep learning is like this: machines, like humans, can exhibit a large variety of behaviors. They can look at new objects and decide whether or not they’re harmful. They can learn to read new words and understand their meanings. They can even teach themselves to beat highly-skilled Go masters! However, unlike humans, machines rely on numeric values in order to perform these tasks.

When they’re exposed to new words, for example, they must be told what each word means by their creators. For humans, this process is much more intuitive. Once we see a new object or learn a new word, we can recognize it and understand its meaning without having to memorize statistics about its appearance or definition.

The advantages of deep learning for marketers

Why is deep learning so important in digital marketing? The simple answer is that it allows machines to recognize subtle patterns in order to better advertise products or services to target audiences.

These are several advantages of deep learning to use by marketers, as follows below.

Predict buyer behavior

Amazon’s intelligent assistant Alexa is the brainchild of deep learning. Amazon’s deep learning algorithm can detect when a customer is bored or looking for something else to do. This enables Amazon to make suggestions to the user based on their recent shopping history. As well as making suggestions, it can also understand what you are looking for and send relevant advertisements (Facebook’s News Feed was famously changed following feedback that its algorithms were not always producing relevant ads).

Analyze customer sentiment

The AI technology behind social networks like LinkedIn and Facebook allows it to understand the moods of its users in real-time. This allows Facebook to change the content of its News Feed (blog posts, videos etc.) in order to adjust itself to the actual moods of each user. This is a great example of identifying the moods and reactions of people using deep learning. This is a feature that was implemented after a lot of customer feedback, and it would not have been possible without marketing deep learning.

Recognize Speech recognition

Deep learning has been used to create an AI system that can listen and understand spoken language. This deep learning system is able to learn from data sets containing millions of sentences, including translation from one language into another, speech translation and even conference interpretation. This is an example of how deep learning has enabled the creation of chatbots and virtual assistants that can respond to customer’s spoken questions in human-like ways.

Deep learning applications in marketing

Deep learning as a field is beginning to see breakthroughs as a result of advances in computer vision and natural language processing. In the image recognition space, for example, deep learning can be used to recognize objects that humans may be unable to. One example of this is using the network designed by Google Deep Mind to search for cancer from scans of patients’ lungs. Deep learning networks are also capable of making difficult decisions based on large data sets; one example would be knowing when it’s time for more advertising on Instagram or Google.

Let’s take a look at how deep learning can be used by marketers as well as some potential implications for digital marketing as a whole.

As marketing continues its transition into the digital age, deep learning will likely be frequently used by modern marketers. At the very least, deep learning may be used to train companies’ existing marketing software to make smarter decisions; however, this could progress even further by allowing digital marketers to create their own decision-making algorithms without any human intervention.

Besides, marketers’ ability to make effective use of AI will likely be heavily influenced by the personal characteristics of the individual. For instance, having an affinity for cartoons may make it easier to predict which pictures would work for social media ads; this is because deep learning networks are capable of recognizing certain patterns.

Deep learning makes automation possible. Large volumes of data are needed to train a neural network, which is one of the main reasons why it is not used in most businesses. AI technologies, such as deep learning, can be used to automate multiple processes using a single algorithm with different outputs. This can be beneficial for many organizations that have a significant amount of data but lack the computational power to process or analyze that data alone.

Implications for digital marketing

The implications of widespread use of deep learning in digital marketing are unclear at this point. On one hand, it may lead to marketers making more informed decisions; on the other hand, marketing automation software replacing human marketers entirely is a real threat. Either way, deep learning will be an important part of how marketing organizations operate in the future.

How to get started with marketing deep learning

Go over these 5 steps for getting started with deep learning in your marketing department:

1.Understand customer needs more effectively than traditional methods.

When it comes to customer insight, most traditional methods can only go so far. Surveys, focus groups and even face-to-face interactions with customers are all too human-centered and only give a narrow view of their real issues.

By contrast, deep learning can be used to address the most fundamental customer problems by offering an unbiased look at what the biggest issues are for each customer or user segment based on their social media or search history. Through this approach, problems can be quickly identified and addressed with personalized messaging that is more effective than traditional methods.

2. Deliver real-time, personalized content.

Even the best marketers have trouble predicting what content their customers want to see in real time. Whether it is an ad on Google or an ad on LinkedIn, most marketers are unable to reach the right people with the right message at the right time due to limited data.

With deep learning, marketers can identify what kind of content users are interested in, when they are most likely to see it, and even who else they will be interested in seeing it if they aren’t already exposed to that content themselves. By doing this, marketers can use highly personalized messaging to build strong relationships with customers and ensure that their online advertising is highly targeted.

3. Address customer problems more effectively than traditional methods.

Customer loyalty isn’t built through the latest campaign or the best offer in a catalog, it is built when a company can meet a customer’s most pressing needs in a way like never before.

For example, if you are running ads for dishwashers on Facebook or Google, you may have had an ad showing up for people searching for dishwashers but not actually using one.

With deep learning, marketers can use their customer’s own preferences to send them directions to the nearest location. In this way, it becomes much easier for companies to respond quickly and effectively when a customer needs attention.

4. Analyze social media posts.

Possibly more than any other technology right now, social media channels have become a window into the beliefs and issues of people around the world. People use social media channels to express their views about politics, economics and more, allowing us to get a better understanding of what people are thinking at any given time.

However, this information is often buried under the noise of posts, hashtags and comments. With deep learning marketing, however, companies can mine these posts to better understand sentiment and trends of sentiment through consumer online behavior.

5. Track text-based searches on the web.

The ability to extract meaning from text is one of our most powerful communication tools. And yet many marketers are only using text-based search to narrow down their audiences while wasting valuable data in the process.

With deeper insight into what consumers are searching for, marketers can reach out to people more effectively on their own terms while boosting brand communication on social media channels at the same time.

Conclusion

Deep learning in the marketing sector is relatively new but offers enormous growth potential for companies that are willing to break away from traditional methods of CRM and business development.

Whether it is using deep learning tools to look at customer problems, delivering real-time content or using text-based search, deep learning can help marketers communicate with customers more effectively than ever before. And with more companies adopting AI technologies for their marketing needs, deeper insights will be made possible across the industry in the years ahead.