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Rajkumar Venkatesan

AI is everywhere! By harnessing the power of Artificial Intelligence, businesses and marketers have amazing growth potential, and the opportunities to enhance marketing with AI are always expanding. But how can businesses use AI tools to drive their success and gain sustainable competitive advantages? What are the challenges faced by businesses as they implement AI into their marketing strategies?

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AI is everywhere! By harnessing the power of Artificial Intelligence, businesses and marketers have amazing growth potential, and the opportunities to enhance marketing with AI are always expanding. But how can businesses use AI tools to drive their success and gain sustainable competitive advantages? What are the challenges faced by businesses as they implement AI into their marketing strategies?

In this course, developed at the Darden School of Business at the University of Virginia, and delivered by Professor of Business Administration Raj Venkatesan, you will explore an important frontier of digital transformation in marketing. You will examine three key forces that enable AI in marketing strategies - Algorithms, Networks, and Data - and gain a deeper understanding of how businesses in a wide variety of industries can get the most out of this exciting technology. You will see real world examples of successful companies like Ford, Netflix, and the Washington Post using AI to take on the competition in new and creative ways, and hear from experts about how AI is shaping the present and the future in their respective industries.

You can learn more about Raj by following his posts on Twitter (@rajkumarvenk) and on LinkedIn: https://www.linkedin.com/in/education-marketing.

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What's inside

Syllabus

What Is AI?
Welcome to our course! We'll begin with an introduction to AI (artificial intelligence), where we'll define the term and explore the history of the technology. Then we'll dive into machine learning and deep learning, and see how algorithms are used to create effective AI such as Google Images and IBM’s Watson, the machine that was able to defeat human opponents on Jeopardy!
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Networks and Network Effects
Can you imagine an autonomous self-driving Ford F150 truck? This week we'll explore the future of vehicles that will use AI to take on the open road and look at how preconceptions about brands and driverless cars may prove incorrect as the industry moves into the future. We'll also see how networks and network effects work to create AI capable of one day crossing the "Uncanny Valley" in the autonomous vehicle market.
Data-Driven AI
As businesses become more successful, they also become a more attractive target for competitors. But data-driven AI can provide a crucial edge. This week we'll explore how businesses use data to build a sustainable competitive advantage in their industries. We'll look at the fierce competition in the world of video streaming and explore how Disney+ seeks to overtake Netflix as the dominant streaming platform.
AI Relationship Moments
We've been introduced to the three forces that enable AI in marketing - algorithms, networks, and data - but how do they come together to give marketers a competitive advantage? This week we'll see how the three forces combine to form AI Relationship Moments that can drive effective AI marketing strategies. To illustrate this, we'll explore the innovations that have enabled the Washington Post to compete with the New York Times in the digital space. Patrick Cullen, senior director of Zeus technology at the Washington Post, will join Raj to discuss how these innovations have helped position the newspaper for an AI future.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Teaches the basics of AI, which is standard in the industry
Taught by Rajkumar Venkatesan, who is recognized for his work in AI marketing
Examines the three forces that enable AI in marketing: Algorithms, Networks, and Data
Provides insights on how businesses can get the most out of AI
Explores real-world examples of successful companies using AI
Requires students to have some background knowledge in AI

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Reviews summary

Highly engaging ai in marketing course

learners say this largely positive course is very helpful and insightful, introducing new topics and skills for marketing in the modern digital world. The engaging content covers key forces such as algorithms, networks, and data with real-world examples of successful AI implementations. Students praise the clear explanations by Professor Rajkumar Venkatesan and find the quizzes, interactive content, and capstone project to be effective and motivating. While some note it may not be the most advanced in terms of the latest AI developments, overall, students highly recommend this course.
Includes quizzes, interactive content, and a capstone project
"Enjoyed how interactive it is, with quizzes, questions to pose and think about, articles to read and assessments after each module keeps you engaged."
"The Final Capstone project was well worth the effort to Pass this course."
"The engaging content, effective instruction, and emphasis on practical application have significantly enriched my knowledge and skills."
Clear and well-organized content
"The course materials are easy to follow, and suggested readings are useful to anyone interested in furthering their marketing career."
"The content and quizes were excellent, and provided guidance to the premise of the course."
"I like this course because I learned key concepts about Artificial Intelligence, Machine learning, and algorithms to understand how to apply in the Marketing area in an easy and well-structured way"
Covers practical applications of AI in various industries
"The AI is altering the landscape of business in general and marketing in particular."
"By harnessing the power of Artificial Intelligence, businesses and marketers have amazing growth potential, and the opportunities to enhance marketing with AI are always expanding."
"helped in looking at real world examples of successful companies using AI to take on the competition in new and creative ways"
Brilliant and engaging instruction
"Amazing content and superb delivery by Raj."
"All the inputs/data/videos are excellently prepared and presented."
"I would like to thank Mr. Raj & all team members associated with this course and once again would like to convey my sincere appreciation to Mr. Raj particularly for explaining the subject very well."
Some students found the content lacking in advanced AI developments.
"Very interesting course , learned about machine learning , AI & Data in marketing . Practical examples analyzed . "
"Useful course although it would need a major content update. Examples and case histories are now pretty old, especially in the light of the recent AI development"
"This course is more about Artificial Intelligence AND Marketing than AI IN Marketing. I expected more."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Artificial Intelligence in Marketing with these activities:
Create a collection of AI resources
Organize and compile valuable AI resources to support your learning.
Show steps
  • Identify and gather relevant AI resources.
  • Organize the resources by topic or type.
  • Create a repository or share the collection with others.
Practice solving AI algorithms
Practice solving real-world scenarios using AI algorithms to better grasp the concepts discussed in class.
Show steps
  • Identify a real-world scenario that can be solved using AI.
  • Choose an appropriate AI algorithm for the scenario.
  • Implement the algorithm and test its performance.
Complete online tutorials on AI topics
Supplement your learning with online tutorials to reinforce the concepts covered in class and gain practical experience.
Show steps
  • Identify an AI topic that you want to learn more about.
  • Find a reputable online tutorial on the topic.
  • Complete the tutorial and take notes on the key concepts.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Attend an AI study group
Enhance your understanding of AI concepts by discussing them with peers and working together on projects.
Show steps
  • Find or start an AI study group.
  • Attend study group meetings regularly.
  • Participate in discussions and work on projects with other members.
Create a presentation on a specific AI application
Create a presentation to demonstrate your understanding of a specific AI application and to share your knowledge with others.
Show steps
  • Choose an AI application that you are interested in learning more about.
  • Research the application and gather information about its features and benefits.
  • Create a presentation that explains the application and its potential impact.
  • Practice your presentation and deliver it to a group of people.
Volunteer for an AI-related organization
Gain practical experience in AI and make a valuable contribution to the community.
Show steps
  • Research AI-related organizations in your area.
  • Contact the organization and inquire about volunteer opportunities.
  • Attend volunteer training and orientation.
  • Participate in AI-related activities and projects.
Participate in an AI competition
Test your AI skills and knowledge by participating in a real-world competition.
Show steps
  • Find an AI competition that interests you.
  • Register for the competition.
  • Develop and submit your AI solution.

Career center

Learners who complete Artificial Intelligence in Marketing will develop knowledge and skills that may be useful to these careers:
Data Analyst
As a Data Analyst, you will be responsible for collecting, cleaning, and analyzing data to help businesses make better decisions. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in data analysis.
Marketing Manager
As a Marketing Manager, you will be responsible for developing and executing marketing campaigns that reach and engage target audiences. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in marketing.
Marketing Analyst
As a Marketing Analyst, you will be responsible for collecting and analyzing data to help businesses understand their customers and make better marketing decisions. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in marketing.
Data Scientist
As a Data Scientist, you will be responsible for developing and deploying AI models to help businesses solve complex problems. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in data science.
Product Manager
As a Product Manager, you will be responsible for developing and launching new products and features. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in product development.
Software Engineer
As a Software Engineer, you will be responsible for designing, developing, and maintaining software applications. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in software development.
Business Analyst
As a Business Analyst, you will be responsible for analyzing business processes to help businesses improve their efficiency and effectiveness. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in business analysis.
Quantitative Analyst
As a Quantitative Analyst, you will be responsible for developing and deploying quantitative models to help businesses make better decisions. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in quantitative analysis.
Financial Analyst
As a Financial Analyst, you will be responsible for analyzing financial data to help businesses make better decisions. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in financial analysis.
Management Consultant
As a Management Consultant, you will be responsible for helping businesses improve their performance. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in management consulting.
Public Relations Specialist
As a Public Relations Specialist, you will be responsible for managing and maintaining relationships with the media and other stakeholders. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in public relations.
Social Media Manager
As a Social Media Manager, you will be responsible for managing and maintaining social media accounts for businesses. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in social media management.
Content Marketer
As a Content Marketer, you will be responsible for creating and distributing content that will engage and convert target audiences. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in content marketing.
Digital Marketing Specialist
As a Digital Marketing Specialist, you will be responsible for developing and executing digital marketing campaigns. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in digital marketing.
Salesforce Administrator
As a Salesforce Administrator, you will be responsible for managing and maintaining Salesforce CRM systems. This course will help you develop the skills you need to succeed in this role by providing you with a strong foundation in AI and its applications in Salesforce administration.

Reading list

We've selected eight books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Artificial Intelligence in Marketing.
Provides a comprehensive overview of the innovator’s dilemma. It would be a useful reference for students who want to learn more about the challenges and opportunities of innovation in marketing.
Provides a comprehensive overview of competing on analytics. It would be a useful reference for students who want to learn more about the business applications of analytics in marketing.
Provides a practical guide to using AI in marketing, covering topics such as data science, machine learning, and natural language processing. It would be a useful reference for students who want to learn more about the technical aspects of AI in marketing.
Provides a comprehensive overview of digital marketing analytics. It would be a useful reference for students who want to learn more about the business applications of digital marketing analytics.
Provides a comprehensive overview of AI. It would be a useful reference for students who want to learn more about the history, development, and applications of AI across a range of industries.
Provides a comprehensive overview of predictive analytics. It would be a useful reference for students who want to learn more about the technical aspects of predictive analytics in marketing.
Provides a comprehensive overview of algorithms and their applications in a variety of fields, including marketing. It would be a useful reference for students who want to learn more about the technical aspects of algorithms in marketing.
Provides a comprehensive overview of data science. It would be a useful reference for students who want to learn more about the technical aspects of data science in marketing.

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