JOURNAL ARTICLE

Using AI to Adjust Your Marketing and Sales in a Volatile World.

  • Published In: Harvard Business Review Digital Articles, 2023. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Narayandas, Das; Sengupta, Arijit 3 of 3

Abstract

The article focuses on how firms are using artificial intelligence (AI) to enhance marketing and sales strategies in volatile market conditions by predicting customer behavior at various stages of the customer journey. It highlights that AI-based prediction models enable proactive management of customer relationships, rapid adaptation to changing market dynamics, and improved alignment of marketing and sales resources through continuous feedback loops. Examples from diverse industries illustrate how AI helps firms optimize spending, adjust segmentation based on customer responsiveness, and integrate marketing and sales functions for better business outcomes. The article also notes challenges faced by legacy firms due to organizational silos and limited leadership understanding of AI’s potential, emphasizing that AI serves as a tool to augment human decision-making rather than replace it.

Additional Information

  • Source:Harvard Business Review Digital Articles. 2023/04, p1
  • Document Type:Article
  • Subject Area:Marketing
  • Publication Date:2023
  • Accession Number:163418215

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