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KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

Start » Personalisation (Glossary)
October 2024

Personalisation (Glossary)

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(916)

Personalisation is primarily at home in e-commerce and digital retail, iROI digital marketing, and artificial intelligence. The term describes how products, services, or content are individually tailored to individual users. The goal: Each person receives offers and information that match their personal interests, preferences, or needs.

A vivid example: When shopping online, an online shop doesn't show every visitor the same thing. Instead, recommendations for products based on previous purchases or search behaviour are displayed. So, someone who often buys sports equipment will see new offers in this area more frequently.

Personalisation often uses data that reflects users' behaviour or wishes. This allows companies to address individuals more precisely and increase customer satisfaction. At the same time, personalisation helps companies to retain customers better and sell more successfully.

In digital marketing, personalisation ensures that, for example, only relevant advertisements or newsletters are sent out. Personalisation can also be further improved with artificial intelligence, as large amounts of data can be analysed and processed at lightning speed.

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