Only 55% of marketing teams are able to meet the growing demand for content. But they are looking at generative AI to take up the slack, judging by Gen AI Powers Content Marketing Advantage
For Early Adopters, a new study from Deloitte Digital, conducted by Lawless Research.
Of the companies polled, 26% are using Gen AI. But 45% plan to join those
early adopters by 2025, while 26% expect to deploy Gen AI in 2025 or later. Only 3% have no plans to use it.
But can Gen AI deliver on the demand for content that
grew by 1.5x in 2023?
“Customers expect a brand’s ads, emails and other content-driven experiences to feel personally relevant, always right on time and in
the right place,” the study notes.
The early adopters are using Gen AI to produce these content elements:
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They hope to
achieve:
Their select range of channels includes:
But there is a downside: “More than 3 in 4 early adopters remain significantly
concerned about potential brand risks introduced by Gen AI, including intellectual property and legal jeopardy, cultural sensitivity mistakes, impersonal experiences and lower creative
quality.”
It adds: “Nearly as many remain concerned about talent and change management challenges.”
On the
positive side, Gen AI users are achieving higher-quality content and/or tagging (60%), increased employee productivity (59%) and greater volume of content produced (57%). In each case, they far
outpaced future adopters.
Moreover, early users exceeded their revenue goals by an average of 14% compared to 2% for future adopters while enjoying a 12% return
on investment.
To get there, 40% of early adopters are mostly using proprietary models to train Gen AI tools. And they are 3x as likely as others to have a formal analytics process to balance content supply and demand, a fully functioning project planning process and a very high level of automation.
Lawless Research surveyed 650 leaders at B2B and B2C companies with at least 100 employees and $50 million or more in annual revenue.