AI Revolutionizing Personalization in Car Buying: Cost is No Longer a Barrier
The future of car buying is set to be revolutionized by artificial intelligence, according to industry experts. Cost has long been a barrier to personalization when purchasing cars, but AI is poised to change that.
During a recent AI webinar, The Lead Agency chief product officer Ed Clark discussed how AI is opening doors to personalization that were previously closed. Clark, a pioneer in automotive marketing tech, highlighted how AI is enabling companies to reach a granular level of segmentation and ultimately achieve true personalization.
One key aspect of personalization in car marketing is imagery. Clark emphasized the importance of presenting cars in a relatable way to potential customers. By using AI tools to generate more relevant imagery, such as showing a car in a familiar UK setting, companies can better connect with consumers on a personal level.
Fellow speaker Will McMahon, head of tech and innovation at The Spark Foundry, also touched on the creative possibilities that AI offers in image creation. He discussed the concept of ‘marketing to machines’ and how companies can leverage AI to reach consumers in new and innovative ways.
The webinar also delved into the evolving landscape of online search and marketing. McMahon highlighted the shift away from traditional search engines like Google towards retailer sites and platforms like Amazon and TikTok. This changing ecosystem presents both challenges and opportunities for companies looking to connect with consumers in a digital world.
Overall, the insights shared during the webinar point to a future where AI plays a central role in personalizing the car buying experience. By harnessing the power of AI, companies can better understand and engage with consumers on a personal level, ultimately driving sales and customer satisfaction in the automotive industry.