TY - JOUR
T1 - Machine Learning and Artificial Intelligence Use in Marketing: A General Taxonomy
AU - De Mauro, Andrea
AU - Sestino, Andrea
AU - Bacconi, Andrea
PY - 2022
Y1 - 2022
N2 - The emergence of consumer-generated data and the growing availability of Machine Learning (ML) techniques are revolutionizing marketing practices. Marketers and researchers are far from having a thorough understanding of the broad range of opportunities ML applications offer in creating and maintaining a competitive business advantage. In this paper, we propose a taxonomy of ML use cases in marketing based on a systematic review of academic and business literature. We have identified 11 recurring use cases, organized in 4 homogeneous families which correspond to the fundamentals leverage areas of ML in marketing, namely: shopper fundamentals, consumption experience, decision making, and financial impact. We discuss the recurring patterns identified in the taxonomy and provide a conceptual framework for its interpretation and extension, highlighting practical implications for marketers and researchers.
AB - The emergence of consumer-generated data and the growing availability of Machine Learning (ML) techniques are revolutionizing marketing practices. Marketers and researchers are far from having a thorough understanding of the broad range of opportunities ML applications offer in creating and maintaining a competitive business advantage. In this paper, we propose a taxonomy of ML use cases in marketing based on a systematic review of academic and business literature. We have identified 11 recurring use cases, organized in 4 homogeneous families which correspond to the fundamentals leverage areas of ML in marketing, namely: shopper fundamentals, consumption experience, decision making, and financial impact. We discuss the recurring patterns identified in the taxonomy and provide a conceptual framework for its interpretation and extension, highlighting practical implications for marketers and researchers.
KW - Artificial Intelligence
KW - Machine Learning
KW - Artificial Intelligence
KW - Machine Learning
UR - http://hdl.handle.net/10807/265076
U2 - 10.1007/s43039-022-00057-w
DO - 10.1007/s43039-022-00057-w
M3 - Article
SN - 2662-3323
VL - 2022
SP - 439
EP - 457
JO - Italian Journal of Marketing
JF - Italian Journal of Marketing
ER -