Deep learning neural networks and AI are driving the future of engaging entertainment. As a result, these technologies are becoming critical for better decision-making as well as predicting and measuring successful business outcomes.
For brands to appropriately prioritize the content that will generate the most ROI, AI is non negotiable. It’s the only compass brands can use to guide them through a trove of content and creators. By taking in massive amounts of structured and unstructured data — follower count, authentic engagement, type of content, aesthetics, consistency, and more — AI can make a recommendation that serves any brand’s goals. AI brings these goals to life in guaranteed ROI and success metrics, arming brands with the confidence to put their energy into the creative process with influencers, allowing for more effective partnerships in the future.
The NVIDIA DGX A100 enables BEN to look at terabytes of unstructured data, which includes images, text data, video, and audio, 4x faster than what they were using beforehand. The team can analyze 100,000 Instagram posts per week, derive insights, and even create customized algorithms for their clients. Using AI, the team can predict the entire sales funnel, from impressions and views to clicks and even conversions from content creators across Hollywood, music, and social media influencers, to find the best avenues for partnership. The AI technology can even identify fraudulent influencers and bot activity, given that at least 15 percent of advertisers’ spending on influencer marketing is lost to fraud, costing them approximately $1.3 billion annually. All in all, this technological infrastructure enables BEN Group to make campaigns more efficient by optimizing the return on their client’s advertising spending.
In some cases, the technology has allowed BEN’s clients to experience a decrease in their customer acquisition costs by 32 percent and an increase in the conversion rate by 39 percent. These types of results are pivotal in BEN Group holding reign as the world’s largest influencer marketing and product placement company.