On the Potentials of Artificial Intelligence in Marketing – The Case of Robotic Process Automation

Abstract

The various applications of AI have not yet led to widespread acceptance in marketing. Nevertheless, AI has enormous potential to fundamentally change the field of marketing with its applications, making the topic highly relevant for companies. By analyzing current applications, potential use cases in the near future, implementation opportunities and optimization areas, the study can present a comprehensive understanding of the long-term impact of AI in marketing and on marketing as a discipline. In particular, it looks at potential applications and challenges for companies that provide insight into the future of marketing. These are relevant to remain competitive in the future. In particular, the sub-area of Robotic Process Automation (RPA) will be addressed. For this purpose, two research questions were posed. On the one hand, the use cases in marketing that are given by the automation of processes by means of AI are examined. Secondly, the question is posed as to how the potential of AI in marketing can be further expanded and what trends can be identified or what significance RPA forms in this context. The analysis is based on a qualitative survey in the form of interviews with experts from the field.

Authors and Affiliations

Jens K. Perret, Maya Heitkamp

Keywords

Related Articles

Investigating the Role of Balance of Population and Economic Growth in Achieving Sustainable Economic Growth (Case Study: Upper-Middle Income Countries during 1985 to 2016)

Contrary to the neoclassical view, the population and its components are one of the factors affecting long-term economic growth. Some studies have pointed to the negative impact of population growth and others on its pos...

Behavioural Investor Individual in Capital Stock Indonesia: DISC Personality, Market and Accounting Information

Every individual investor has an error in making a decision to buy or sell shares. Mistakes in making predictions can be minimized by understanding his personality and the steps taken in getting better returns. This stud...

Corporate Social Accountability: Lessons from Coca-Cola’s Conflict at Plachimada

This paper explains the process by which a global corporate giant was made to account for its social responsibility by studying the conflict between Coca-Cola company and the local community in Plachimada (a small villag...

Luxury in a Post-Growth Society – Success or Disparity?

This study examines, based upon four guiding research questions, how change towards a post-growth society can take place and what consequences this will have for society, i.e. as well the individual consumer, but especi...

"The Impact of Macroeconomic Factors on the Change of Residential Prices" The case study of Albania

The housing market is a very important sector worldwide and occupies a significant part of their capital stock. Given that the economy is experiencing a difficult situation, because of the Covid-19 pandemic crisis, also...

Download PDF file
  • EP ID EP745404
  • DOI -
  • Views 1
  • Downloads 0

How To Cite

Jens K. Perret, Maya Heitkamp (2021). On the Potentials of Artificial Intelligence in Marketing – The Case of Robotic Process Automation. International Journal of Applied Research in Management and Economics, 4(4), -. https://europub.co.uk/articles/-A-745404