AI Drives 52% of Ad Campaign Conversions
A I • Jun 14,2024
A digital marketing agency faced limitations with traditional audience models, specifically personas, that lacked detail. Implementing AI-generated personas significantly increased campaign performance, including a 19.6% conversion rate (3x higher than traditional methods) and 52% of all conversions driven by the AI persona. This resulted in a deeper understanding of the target audience and more effective marketing communication.
Client:
Attention Media is a digital agency specializing in data-driven marketing. Their team of over 100 employees uses data to help clients better understand their audience and create more effective marketing campaigns.
Problem Statement:
● Limited Insights: Traditional audience models (personas) lacked detail and relied on hypothetical information. This made it difficult to understand customer motivations and tailor marketing effectively.
● Data Opportunity: AI could analyze millions of data points to create highly detailed personas with specific needs, desires, and interests.
● Improved Targeting: AI-generated personas allowed for more precise audience targeting, leading to higher conversion rates.
Results:
☑️ 19.6% Conversion Rate: The AI persona achieved a 19.6% conversion rate, over 3 times higher than the best-performing traditional persona (STEFANIE).
☑️ 52% of All Conversions: The AI persona drove a whopping 52% of all campaign conversions, exceeding the contribution of all other target groups combined.
☑️ 19% Conversion Lift with Targeted Interest: AI identified a relevant “special interest” for the AI persona. Targeting this group resulted in a 19% increase in conversion rate for that specific ad segment.
☑️ Deeper Customer Understanding: AI analysis of millions of data points enabled the creation of a highly detailed persona, leading to more effective communication.
AI Solution:
Attention Media, a digital marketing agency, traditionally used personas, a fictional but realistic representative of the target audience, for audience targeting. However, they sought a more data-driven approach better to understand their client’s target audience for electronics products.
Attention Media partnered with Mnemonic AI to utilize AI-generated personas.
SYNTHIA’s Creation: AI analyzed millions of data points (17.6 million for SYNTHIA alone) to build a detailed persona. This included demographics, interests, and personality traits based on the OCEAN model (a psychological framework).
Campaign Setup: A prospecting campaign with identical budgets used both traditional and AI personas. The goal was to drive registrations on a landing page.
SYNTHIA’s detailed data foundation led to a significant increase in conversion rates and overall campaign performance.
References:
1. Utilizing AI-generated Personas in Display Campaigns
Industry: Electronics, Digital Marketing
Vendor: Mnemonic AI
Client: Attention Media
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