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Index
Cover
Title Page
Copyright
Preface
Acknowledgments
Introduction
Chapter 1: Major Challenges Facing Marketers Today
Living in the Age of the Algorithm
Chapter 2: Introductory Concepts for Artificial Intelligence and Machine Learning for Marketing
Concept 1: Rule-based Systems
Concept 2: Inference Engines
Concept 3: Heuristics
Concept 4: Hierarchical Learning
Concept 5: Expert Systems
Concept 6: Big Data
Concept 7: Data Cleansing
Concept 8: Filling Gaps in Data
Concept 9: A Fast Snapshot of Machine Learning
Areas of Opportunity for Machine Learning
Chapter 3: Predicting Using Big Data – Intuition Behind Neural Networks and Deep Learning
Intuition Behind Neural Networks and Deep Learning Algorithms
Let It Go: How Google Showed Us That Knowing How to Do It Is Easier Than Knowing How You Know It
Chapter 4: Segmenting Customers and Markets – Intuition Behind Clustering, Classification, and Language Analysis
Intuition Behind Clustering and Classification Algorithms
Intuition Behind Forecasting and Prediction Algorithms
Intuition Behind Natural Language Processing Algorithms and Word2Vec
Intuition Behind Data and Normalization Methods
Chapter 5: Identifying What Matters Most – Intuition Behind Principal Components, Factors, and Optimization
Principal Component Analysis and Its Applications
Intuition Behind Rule-based and Fuzzy Inference Engines
Intuition Behind Genetic Algorithms and Optimization
Intuition Behind Programming Tools
Chapter 6: Core Algorithms of Artificial Intelligence and Machine Learning Relevant for Marketing
Supervised Learning
Unsupervised Learning
Reinforcement Learning
Chapter 7: Marketing and Innovation Data Sources and Cleanup of Data
Data Sources
Workarounds to Get the Job Done
Cleaning Up Missing or Dummy Data
Chapter 8: Applications for Product Innovation
Inputs and Data for Product Innovation
Analytical Tools for Product Innovation
Step 1: Identify Metaphors – The Language of the Non-conscious Mind
Step 2: Separate Dominant, Emergent, Fading, and Past Codes from Metaphors
Step 3: Identify Product Contexts in the Non-conscious Mind
Step 4: Algorithmically Parse Non-conscious Contexts to Extract Concepts
Step 5: Generate Millions of Product Concept Ideas Based on Combinations
Step 6: Validate and Prioritize Product Concepts Based on Conscious Consumer Data
Step 7: Create Algorithmic Feature and Bundling Options
Step 8: Category Extensions and Adjacency Expansion
Step 9: Premiumize and Luxury Extension Identification
Chapter 9: Applications for Pricing Dynamics
Key Inputs and Data for Machine-based Pricing Analysis
A Control Theoretic Approach to Dynamic Pricing
Rule-based Heuristics Engine for Price Modifications
Chapter 10: Applications for Promotions and Offers
Timing of a Promotion
Templates of Promotion and Real Time Optimization
Convert Free to Paying, Upgrade, Upsell
Language and Neurological Codes
Promotions Driven by Loyalty Card Data
Personality Extraction from Loyalty Data – Expanded Use
Charity and the Inverse Hierarchy of Needs from Loyalty Data
Planogram and Store Brand, and Store-Within-a-Store Launch from Loyalty Data
Switching Algorithms
Chapter 11: Applications for Customer Segmentation
Inputs and Data for Segmentation
Analytical Tools for Segmentation
Chapter 12: Applications for Brand Development, Tracking, and Naming
Brand Personality
Machine-based Brand Tracking and Correlation to Performance
Machine-based Brand Leadership Assessment
Machine-based Brand Celebrity Spokesperson Selection
Machine-based Mergers and Acquisitions Portfolio Creation
Machine-based Product Name Creation
Chapter 13: Applications for Creative Storytelling and Advertising
Compression of Time – The Real Budget Savings
Weighing the Worth of Programmatic Buying
Neuroscience Rule-based Expert Systems for Copy Testing
Capitalizing on Fading Fads and Micro Trends That Appear and Then Disappear
Capitalizing on Past Trends and Blasts from the Past
RFP Response and B2B Blending News and Trends with Stories
Sales and Relationship Management
Programmatic Creative Storytelling
Chapter 14: The Future of AI-enabled Marketing, and Planning for It
What Does This Mean for Strategy?
What to Do In-house and What to Outsource
What Kind of Partnerships and the Shifting Landscapes
What Are Implications for Hiring and Talent Retention, and HR?
What Does Human Supervision Mean in the Age of the Algorithm and Machine Learning?
How to Question the Algorithm and Know When to Pull the Plug
Next Generation of Marketers – Who Are They, and How to Spot Them
How Budgets and Planning Will Change
Chapter 15: Next-Generation Creative and Research Agency Models
What Does an ML- and AI-enabled Market Research or Marketing Services Agency Look Like?
What an ML- and AI-enabled Research Agency or Marketing Services Company Can Do That Traditional Agencies Cannot Do
The New Nature of Partnership
Is There a Role for a CES or Cannes-like Event for AI and ML Algorithms and Artificial Intelligence Programs?
Challenges and Solutions
Big Data
AI- and ML-powered Strategic Development
Creative Execution
Beam Me Up
Will Retail Be a Remnant?
Getting Real
It Begins – and Ends – with an “A” Word
About the Authors
Index
Wiley End User License Agreement
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