AI’s Impact on Shopping and Marketing
AI is changing how we shop, influencing our decisions and raising questions about data ownership. From self-driving cars to smart home assistants, AI is already part of our lives.
The Fourth Industrial Revolution
One expert calls the rise of AI the fourth industrial revolution, following steam engines, electricity, and the internet. The pace of change is incredibly fast, with today’s cutting-edge technology becoming outdated quickly. This revolution is expected to transform society completely.
The current tech landscape is described as a race between AI providers, where success depends on using the best platforms and data.
Agentic Commerce and the Future of Affiliate Marketing
Agentic commerce, where AI assistants help marketers with tasks like creating ads and optimizing campaigns, is a hot topic. This technology can be applied to various industries, including retail, travel, and gaming, because “at the heart of great AI, is great data.”
AI is making technology smarter and more interconnected, changing and improving marketing. It can even predict shopping journeys and optimize across multiple goals, all with access to good data.
For affiliates, this means focusing on attracting the right people, not just as many people as possible.
Data Ownership Concerns
With AI-powered chatbots enabling direct purchases, questions arise about who owns the purchasing data. A recent lawsuit highlights the grey area of how these tools access data.
While the industry is still experimenting with these tools, advertising channels aren’t disappearing yet. Brands are exploring partnerships and investing in technology, but there’s no standard approach.
Affiliates need to embrace these new tools and find ways to adapt their strategies. These “marketing robots” are shaping the future of advertising, changing how brands interact with consumers and how users make purchases.
Staying Ahead
This shift in purchasing influence is where the AI revolution is happening, and marketers need to pay attention to keep up with the rapid changes.
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