How AI competencies can make B2B marketing smarter: strategies to boost customer lifetime value

There has been a rapid rise in utilization of artificial intelligence (AI) in many different sectors in the last several years. However, business-to-business (B2B) marketing is one of the more notable examples. The initial assessments emphasize the significant advantages of AI in B2B marketing, including its knack for yielding unique understandings into consumer behaviors, recognizing crucial market trends, and improving operational efficiency. However, there seems to be a limited grasp of the optimal way to develop artificial intelligence competencies (AIC) for B2B marketing and how these attributes inevitably affect customer lifetime value (CLV). Equipped with AIC and B2B marketing literary fiction, this research unveils a theoretical research framework for evaluating the repercussions of AIC on B2B marketing capabilities and, subsequently, on CLV. We analyze the suggested research model using partial least squares structural equation modeling (PLS-SEM), leveraging 367 survey replies from Pakistani companies. The outcomes show a significant relationship that describe the ability to leverage AIC to enhance CLV, and also signifies the mediating role of B2B marketing capabilities to enhance CLV by integrating AIC in internet marketing. The findings of this study provide practical implications for marketers to monetize their marketing skills to enhance CLV and researchers with theoretical underpinnings of integration of AIC into marketing.

Authors

Institutions

Publication Details

Journal
Frontiers in Artificial Intelligence
Published
2024-12-18
DOI
https://doi.org/10.3389/frai.2024.1451228
Citations
3
Primary Topic
Digital Marketing and Social Media
Type
article
Field-Weighted Citation Impact
3.40
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

How AI competencies can make B2B marketing smarter: strategies to boost customer lifetime value

Ammara Naseem, Burhan Sadiq, Tayyeba Bashir, Zhongfu Tan
3 citations
Frontiers in Artificial Intelligence
Digital Marketing and Social Media
3.40
article

How AI competencies can make B2B marketing smarter: strategies to boost customer lifetime value

Ammara Naseem, Burhan Sadiq, Tayyeba Bashir, Zhongfu Tan
article en
3 citations

Abstract

There has been a rapid rise in utilization of artificial intelligence (AI) in many different sectors in the last several years. However, business-to-business (B2B) marketing is one of the more notable examples. The initial assessments emphasize the significant advantages of AI in B2B marketing, including its knack for yielding unique understandings into consumer behaviors, recognizing crucial market trends, and improving operational efficiency. However, there seems to be a limited grasp of the optimal way to develop artificial intelligence competencies (AIC) for B2B marketing and how these attributes inevitably affect customer lifetime value (CLV). Equipped with AIC and B2B marketing literary fiction, this research unveils a theoretical research framework for evaluating the repercussions of AIC on B2B marketing capabilities and, subsequently, on CLV. We analyze the suggested research model using partial least squares structural equation modeling (PLS-SEM), leveraging 367 survey replies from Pakistani companies. The outcomes show a significant relationship that describe the ability to leverage AIC to enhance CLV, and also signifies the mediating role of B2B marketing capabilities to enhance CLV by integrating AIC in internet marketing. The findings of this study provide practical implications for marketers to monetize their marketing skills to enhance CLV and researchers with theoretical underpinnings of integration of AIC into marketing.

Frontiers in Artificial IntelligenceVol. 7
North China Electric Power University (CN), Beijing University of Technology (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 7%
Digital Marketing and Social Media
3.40
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.