Intelligent CXO Issue 40 | Page 51

INTELLIGENT SECTION

FINANCE SALES & MARKETING HR SOLUTIONS EMPLOYEE ENGAGEMENT

Improving marketing ROI and attribution is UAE marketers ’ number one priority

Salesforce , a global leader in CRM , has released the State of Marketing report , sharing insights from over 4,800 marketing leaders across 29 countries – including 99 from the UAE .

The report covers the latest trends on how marketers are evaluating and implementing AI into their operations ; approaching data acquisition , maintenance and application strategies and ensuring customer trust and security as vulnerabilities increase .
Key insights from the research include :
• Priorities for a new marketing era . Marketers are evolving their practices in a highly competitive landscape . They ’ re looking to AI – both generative and predictive – to help personalise at scale and boost efficiency .
• Implementing / leveraging AI is marketers ’ number one priority on a global scale , as well as their biggest challenge
• Locally , improving marketing ROI and attribution is UAE marketers ’ number one priority , while outdated tools and technologies is their biggest challenge
• Marketers shore up their data foundations . Businesses have long struggled to connect disparate data points to create consistent , personalised experiences across customer journeys . Yet as thirdparty cookies are depreciated and AI proliferates , that quest is only becoming more critical and challenging .
• Thirty-two percent of marketers in the UAE are fully satisfied with their ability to unify customer data sources
• Sixty-six percent of marketers in the UAE have access to real-time data to execute a campaign . Seventy-eight percent need the IT department ’ s help to do so
• Marketers in the UAE use an average of 10 different tactics to collect data , with customer service data being the most common
• Marketers embrace AI with an eye on trust . Marketers are intent on successfully applying AI in their operations with the right data , but are concerned about security .
• Eighty-three percent of marketers in the UAE are already experimenting with or have fully implemented AI into their workflows
• AI implementation is also a point of differentiation : high performing marketing teams are 1.3x more likely than underperformers to have fully implemented AI within their operations
• The three most popular AI use cases among marketers in the UAE are : generate content , personalise the customer journey across channels and drive best offers in real-time
• Full personalisation remains a work in progress . To meet rising customer expectations around personalisation , marketers are graduating beyond broad audience segmentations , like location or age , to more specific identifiers like individual preferences or past interactions . There ’ s also a difference between how the highest- and lowestperforming marketing teams adapt .
• High performers in the UAE fully personalise across an average of seven channels , compared with underperformers who fully personalised across 4.5
• Marketers seek unified analytics . There is no shortage of data sources but putting that data to work is a challenge – especially when it demands a holistic or long-term view of data .
• Forty-six percent of marketers in the UAE track customer lifetime value ( CTV )
• Ninety-one percent of marketers in the UAE say they have a clear view into marketing ’ s impact on revenue x
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