AI for Local Online Advertising - Presented by William Ammerman EVP of Digital Media, Engaged Media Inc - Borrell Associates
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Feb Mar Apr May Jun Jan Feb Mar Apr May Jun Jan Feb Mar Apr May AI for Local Online Advertising Presented by William Ammerman EVP of Digital Media, Engaged Media Inc. Author of The Invisible Brand
AI for Local Online Advertising 2 “In 25 years, this man selling used books online will be the richest person on earth.” -said no one in 1994 Presentation by William Ammerman
AI for Local Online Advertising 3 1 Can’t predict the future Local SMBs can’t keep up with AI 2 Lack technical knowledge about AI 3 Stretched for resources 4 Don’t have time to apply new skills Presentation by William Ammerman
AI for Local Online Advertising 4 Prediction: Voice Commerce will reach $80 billion worldwide by 2023. -Juniper, February 2019 Presentation by William Ammerman
AI for Local Online Advertising 5 Growth of Voice Assistants Voice Assistants in Use (billions) 9 8.01 8 7 6.41 6 5.11 5 4.08 4 3.25 3 2 1 0 2019 2020 2021 2022 2023 Source: Juniper Research 2019 Presentation by William Ammerman
Artificial Intelligence enables Voice AI for Local Online Advertising 6 Commerce Voice represents a new challenge and huge opportunity for local online advertisers. Presentation by William Ammerman
AI for Local Online Advertising 7 Most Valuable Global Brands Source: TheRankngs 2019 Presentation by William Ammerman
AI for Local Online Advertising 8 Most Popular Voice Assistants APPLE GOOGLE AMAZON MICROSOFT Presentation by William Ammerman
AI for Local Online Advertising 9 Global Voice Assistant Install Base Source: Voicebot.ai, January 2019 Presentation by William Ammerman
AI for Local Online Advertising 10 Key Takeaway The Voice User Interface (VUI) is the consumer-facing edge of Tap to Talk artificial intelligence at the world’s most valuable brands. Presentation by William Ammerman
AI for Local Online Advertising 11 Natural Language Processing (NLP) Audio Signal Processing Natural Language Processing Analog to Compare Spoken Feature Interpret Prepare Linguistic Wave Form Human Speech Digital Features to Response from Extraction Result Response Composition Generator Conversion Library Computer Library of Library of audio components: fingerprints Phasing Intonation Duration Presentation by William Ammerman
AI for Local Online Advertising 12 Video Presentation by William Ammerman
AI for Local Online Advertising 13 What You Need to Do Now By 2021, early adopter brands that redesign their websites to support voice search will increase digital commerce revenue by 30%. Source: Gartner Top Strategic Predictions for 2018 and Beyond Presentation by William Ammerman
AI for Local Online Advertising 14 Voice-Enabled Path to Purchase 1. Consumers 2.Devices 3. Voice Assistants 4. Businesses Presentation by William Ammerman
Step 1: Understand Your Customer’s Use of AI for Local Online Advertising 15 Voice • Male (63%) • 18-29 Years Old (2x more likely) • While Driving (62%) • Apple Siri (44%) • General Search (52.7%) • Getting Directions (47.4%) • Finding a Restaurant (28.8%) Source: Voicebot.ai Various Articles Presentation by William Ammerman
AI for Local Online Advertising 16 Consumer Adoption of Voice 90.1 Million 44% 62% 57.8 Million 90.1 Million Apple Siri is the Driving is the 57.8 Million U.S. Adults Use Most Commonly Most Common U.S. Adults Own Voice Assistants Used Voice Use Case for Voice a Smart Speaker on Smartphones Assistant on Assistants (62% of (about 23% of Monthly Smartphones with Respondents) population) 44% Share Half as many use Relaxing at home (As of September voice assistants Google Assistant is was the second 2018…not on smart second with 30% most common including Q4 speakers (45.7 and Amazon Alexa answer at 38% sales) million) is third with 17% Source: Voice Assistant Consumer Adoption Report, November 201 Presentation by William Ammerman
AI for Local Online Advertising 17 1 in 5 Consumers Have Shopped Using Voice What Voice Shoppers Are Buying Household Items 25.11% Entertainment, Music, Movies 21.15% Apparel 21.15% Games 18.94% Consumer Electronics 14.54% Groceries 11.89% Travel 11.89% Furniture 9.25% Appliances 8.37% Prepared Meal or Drink 7.05% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% Source: Voice Shopping Consumer Adoption Report, June 2018 Presentation by William Ammerman
AI for Local Online Advertising 18 1 Getting Directions to a Business Additional Use Cases for Voice 2 Choosing a Restaurant 3 Researching a Product 4 Checking Balances / Moving Money Presentation by William Ammerman
AI for Local Online Advertising 19 1 Checking Inventory B2B Use Cases for Voice 2 Scheduling Meetings 3 Placing Orders 4 Fulfillment Tracking Presentation by William Ammerman
AI for Local Online Advertising 20 Step 2: Understand the Devices They Use Source: Voicebot.ai September 2018 Presentation by William Ammerman
AI for Local Online Advertising 21 Smart Speakers Millions of Smart Speakers Sold Q4 2018 13.7 11.5 Amazon Echo Q4 2017 9.7 6.7 Q4 2016 4.1 0.4 0 5 10 15 20 25 30 Google Home Amazon Google Source: Strategy Analytics 2019 Presentation by William Ammerman
AI for Local Online Advertising 22 U.S. Smartphone Shipments Q4 2018 Other 13% Motorola 6% Apple 47% LG 12% 22% Samsung Source: Counterpoint, 2019 Presentation by William Ammerman
AI for Local Online Advertising 23 Cars are Voice-Enabled Devices The number of vehicles equipped with voice-recognition systems is expected to reach 120 million in 2019, triple the number in 2018. Source: Fortune Magazine, February 2019 Presentation by William Ammerman
AI for Local Online Advertising 24 Your Next Smart Speaker will be your TV Samsung, and other major manufacturers, announced at CES that new models of smart TVs will be equipped with voice recognition. Source: Variety, January 2019 Presentation by William Ammerman
Step 3: Learn the Differences between AI for Local Online Advertising 25 Assistants Apple Siri Google Assistant Amazon Alexa Microsoft Cortana Dominant mobile interface. Native to Android, Google Dominant voice assistant for smart Native to Windows 10 and Xbox Works on Apple devices Home, Chrome OS and Wear speakers including Echo and Echo One, and runs on Android and iOS including Apple TV and OS by Google. Second most Dot. Powerful ecommerce tool. 8. Dominant PC voice assistant. AirPods. Uses Google for popular mobile interface. Uses Learns Alexa Skills. Default search Can be enabled on mobile. Search search. Siri Shortcuts learn Google for search. Learns is Bing but has the Google Search is Bing. user behavior. Google Actions. Skill. Macs and iPhones Google Home Amazon Echo PCs and Xbox One Presentation by William Ammerman
AI for Local Online Advertising 26 Voice Assistant Usage Share for Smartphones Other Microsoft Cortana Samsung Bixby 4.88% 6.23% Amazon Alexa 13.20% 45.64% Apple Siri 28.70% Google Assistant Source: Voysis, May 2018 Presentation by William Ammerman
AI for Local Online Advertising 27 Voice Search is not Text Search Voice flattens search. Results are brief and often pull from Google’s featured snippet (position zero) or from the knowledge graph to the right of results. Using structured data and schema mark-up helps your data become part of the knowledge graphs. Optimizing for voice search means anticipating the questions consumers ask and adding those questions to your FAQ and even your H2. Common voice questions begin: Ask Siri, “What is Grand Central Station,” and it responds with details from the • Who… knowledge graph on the Google results • How… page. • byWhen… Presentation William Ammerman
AI for Local Online Advertising 28 Harness the power of “Near Me” 58% of consumers used voice search for local products in 2018. Update your Google Business and Bing Places Listings: • Verify name, address, phone number • Summary (400 characters) about your offerings • Place your business in the right categories • Include your hours of operation • Use only professional photos Update your listings with apps that users may search: • Yelp • Angie’s List • Thumbtack • Whitepages • Yahoo Local • Porch Source: BrightLocal Voice Search Study, 2018 Presentation by William Ammerman
AI for Local Online Advertising 29 Skills, Actions & Shortcuts There are now over 70,000 Alexa Skills Voice Assistants are evolving. Siri is adding shortcuts, Google is adding actions, and Alexa is adding skills to help users. You can connect Alexa with UPS using the Alexa UPS Skill in the Skills Store. With the UPS Skill, Alexa can track your packages and provide updates on delivery schedules. Consider whether your business could benefit from integration with a voice assistant. Then, use social media to spread the word that consumers can talk to your brand. Presentation by William Ammerman
AI for Local Online Advertising 30 Recommendation Engines Alexa’s algorithm makes product recommendations Testing published by Forbes indicates Alexa’s algorithm makes product recommendations based on (in order of importance): 1] Products with the “Amazon’s Choice” badge 2] Products available for Prime delivery 3] Products from the user’s purchase history 4] The first product in the Bing search result Presentation by William Ammerman
AI for Local Online Advertising 31 Step 4: Are Your Products Ready for Voice? Once you’ve considered how your prospective customers use devices and voice assistants, it’s time to start testing. Try to find yourself using voice. Try to learn about your products using voice. Try to buy your products using voice. Share the results with your team and brainstorm opportunities for improvement. Then put a plan into action. Presentation by William Ammerman
AI for Local Online Advertising 32 Brainstorming Can voice improve in-store Locate a product shopping? Find a coupon or deal Compare products Get help Self checkout Presentation by William Ammerman
Thank you! Feb Mar Apr May Jun Jan Feb Mar Apr May Jun Jan Feb Mar Apr May wammerman@engagedmediainc.com The Invisible Brand: Marketing in the Age of Automation, Big Data, and Machine Learning Published by McGraw-Hill, May 24, 2019
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