How Machine Learning is Affecting Internet Marketing
How Machine Learning is Affecting Internet Marketing
Machine
learning is a concept that a lot of people don’t fully understand. This is not
“AI” in the sense that many people think of AI, but is rather a concept in
computing that is closely related to AI.
Machine
learning describes how computers learn, which effectively means how computers
identify patterns in large data sets. A computer can use machine learning to
develop face detection algorithms for example, by looking at thousands of
images of faces. Eventually, the system can see similarities in images of faces
– they are oval in shape, they tend to have hair, they have contrast points
where the eyes go, etc.
The more
data you feed the system, the more accurate it becomes at detecting faces in
images.
So how does
this impact on internet marketing?
Learning From Shopping
Behavior
The answer
of course, is that big data is collected by almost all websites, as a result of
tracking visitors. Every time someone visits a website, Google Analytics and
other tools will make a note of when they arrived, which links they followed to
get there, what pages they looked at, what time they left… etc.
All this
information is often wasted. But with machine learning, it’s now possible to
turn that data into something actionable.
We see
this, for example, when we look at the recommendations on Amazon. These
recommendations are generated as a result of looking at patterns of behavior
across millions of customers. By
doing this, Amazon’s algorithms can learn which purchases tend to follow one
another.
That in
turn means that Amazon can contact you at the precise right time, with the precise right deal that you might be interested in, in order to help you make a
sale!
We also see
this when we browse the rest of the web. Because cookies get stored on our
computers, sites are able to share information with one another. An advert
might, therefore, appear on an unrelated site for that same Amazon product.
Likewise,
you might be able to identify that a user that has come from website X, maybe
more likely to buy product Y.
All this
becomes even more powerful and effective for websites with user accounts. These
are able to track the behavior of individuals over long time periods, and
thereby gather far more data about
their spending and their likelihood of making particular purchases.
The Future
Machine
learning is only going to develop further from this point. Eventually, it will
be able to alter the way that a website is laid out, and show ads that are
statistically most likely to result in a purchase.
In the future,
our browsing experience will always be tailored precisely to our specific
interests and needs, based on information from countless other users. The result will be a web that is far more efficient, and of course much higher
conversions and CTRs for marketers.
For now? Just keep collecting that data. It’s
about to come in very handy indeed!
For more, feel free to contact to best internet marketing company in dubai.