How to use LLMs for Market Research

Jul 16, 2024 · 25m 36s
How to use LLMs for Market Research
Description

Artificial intelligence is taking over the world of market research with its ability to accurately predict human responses. But how can you best use AI to help make informed decisions...

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Artificial intelligence is taking over the world of market research with its ability to accurately predict human responses. But how can you best use AI to help make informed decisions about your business?

This episode, Elena, Angela, and Rob dive into the world of AI-driven market research, exploring the latest advancements in and practical applications of large language models (LLMs) for better understanding your audience.

Topics covered:   
  • [0:47] Exploring AI and market research with LLMs
  • [1:03] Study on language models simulating human responses
  • [4:45] Synthetic audiences vs. traditional methods
  • [11:00] Practical uses of LLMs in marketing
  • [14:47] Launching ScriptSooth for pretesting TV commercials
  • [20:23] History of pretesting and transition to synthetic audiences
  • [22:01] Potential futures of AI 


 





To learn more, visit marketingarchitects.com/podcast or subscribe to our newsletter at marketingarchitects.com/newsletter
 

Resources: 
2023 Cornell University Study: https://doi.org/10.48550/ARXIV.2209.06899
 
Get more research-backed marketing strategies by subscribing to The Marketing Architects on Apple Podcasts, Spotify, or wherever you listen to podcasts. 
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Author Marketing Architects
Organization Aiyanna
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