Artificial Intelligence and Emotional Intelligence in Marketing

Artificial Intelligence and Emotional Intelligence in Marketing

R. Velmurugan, J. Sudarvel, R. Bhuvaneswari, N. Jayanthi, R. Sankar Ganesh, M. S. R. Mariyappan
Copyright: © 2024 |Pages: 14
DOI: 10.4018/979-8-3693-2276-5.ch006
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Abstract

The convergence of artificial intelligence (AI) and emotional intelligence (EI) in marketing marks a transformative epoch, transcending traditional approaches to enhance customer engagement. This synergy, emphasized by contemporary marketers, harmonizes data-driven insights with empathetic understanding, crafting profoundly personalized customer experiences. Authors like Russell et al., Brynjolfsson and McAfee, Li and Karahanna, and Li and Karahanna enrich the exploration by recognizing EI's role in interpreting customer emotions, adding depth to AI's analytical capabilities. The collaborative paradigm between AI and EI, explored by scholars like Davenport and Ronanki and Mayer et al., transcends transactions to create empathetic connections with customers. As technology evolves, these insights provide a roadmap for crafting holistic marketing strategies that resonate on both rational and emotional levels, promising a future where businesses create enduring connections in the dynamic technology landscape.
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Introduction

The intersection of Artificial Intelligence (AI) and Emotional Intelligence (EI) signifies a revolutionary epoch within the marketing landscape, ushering in a paradigm shift that transcends traditional approaches and introduces innovative strategies to elevate customer engagement. This transformative synergy, as emphasized by contemporary marketers, underscores the pivotal importance of harmonizing data-driven insights with empathetic understanding. This harmonization paves the way for the creation of profoundly personalized and compelling customer experiences, where AI augments analytical capabilities, and EI provides a nuanced understanding of human emotions. As businesses navigate the dynamic interplay between AI and EI in the realm of marketing, the works of notable authors serve as guiding beacons, providing illuminating perspectives on the distinctive roles of these intelligences and the synergies that contribute to a profound understanding of consumer behavior. Russell et al. (2019) significantly contribute to the discourse by delving into the transformative capabilities of AI in reshaping marketing landscapes. Their insights span a wide spectrum of AI applications, ranging from data analytics to personalized recommendations, offering a comprehensive understanding of how AI augments marketing strategies.

Simultaneously, Brynjolfsson and McAfee (2017) provide valuable insights into the intricacies of AI's role in augmenting decision-making processes. Their work sheds light on how data-driven insights can be strategically leveraged, emphasizing the importance of AI as a catalyst for redefining marketing paradigms and adapting to the evolving expectations of a tech-savvy consumer base. In parallel, Li and Karahanna (2019) contribute to this exploration by navigating the realm of empathetic understanding, recognizing the human element in customer interactions. Their insights emphasize the role of EI in interpreting customer emotions, motivations, and responses, adding depth to the analytical capabilities of AI. This intersection of AI and EI is further enriched by the foundational work of Goleman (1995), a pioneer in the concept of EI. Goleman's insights into understanding and managing emotions offer a timeless framework for marketers seeking to connect with consumers on a deeper, emotional level. This essay endeavors to synthesize and build upon the contributions of these esteemed authors, providing a comprehensive exploration of the intricate dance between AI and EI in marketing. It aims to unravel the nuanced interdependencies, shed light on the evolving dynamics, and contribute to a deeper comprehension of how the fusion of these intelligences reshapes the contours of customer behavior and experience. The synthesis of AI and EI represents a potent force in the marketing landscape, fostering a holistic approach that combines the analytical prowess of AI with the empathetic understanding of EI, ultimately enhancing the customer journey in unprecedented ways.

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