In Might, Nitrogen rolled out a instrument that enhances human capabilities for consumer communication, content material creation, analysis and extra.
“Synthetic intelligence can shorten the time to do issues that you simply’re already doing,” Craig Clark, chief advertising and marketing officer of Nitrogen, informed ThinkAdvisor in an interview.
Nitrogen AI, a digital advertising and marketing content material assistant, as the corporate dubbed it, initially was powered by OpenAI’s GPT-3.5 Turbo, now upgraded to GPT-4.0.
The instrument stems largely from a survey of 1,000-plus monetary advisors that the corporate carried out final spring.
It discovered that “corporations which might be rising at a hyper-growth charge — 21% yearly — actively market their corporations and providers.
“They create quite a lot of engagement mail,” Clark stated within the interview.
Now, greater than 600 advisors are utilizing Nitrogen AI, accessible to the agency’s clients by subscription.
“AI offers you time again, permitting you to do advertising and marketing at scale,” Clark stated. It allows advisors to “attain out to purchasers extra usually and extra constantly.”
Nitrogen’s AI instrument can create first-draft content material of promoting letters and newsletters, for example, which the monetary advisor then edits and customizes.
An fascinating characteristic, Clark stated, is “tone customization,” which personalizes the advisor’s model or model.
“Some corporations or people need to current a very conservative, staid form of perspective of their advertising and marketing communications,” he added. “Others is perhaps speaking with, say, tech firm CEOs who may recognize just a little lighter tone.”
On the drafting board is one other main use of Nitrogen AI: serving to advisors prepare for consumer and prospect conferences.
“Our analysis finds that an enormous period of time is spent on assembly preparation,” Clark stated. “So shortening that might be useful by way of growing consumer satisfaction and getting extra referrals.”
ThinkAdvisor just lately interviewed Clark, who was talking by cellphone from British Columbia, Canada, the place he’s primarily based. Listed here are excerpts from the interview:
THINKADVISOR: Are you able to describe Nitrogen AI?
CRAIG CLARK: It’s not an e mail advertising and marketing engine or a advertising and marketing program. It’s a content material assistant to assist advisors develop content material to ship via e mail or social media or different channels they may use in advertising and marketing.
It generates first-draft content material you possibly can personalize. It takes the job of making advertising and marketing from agonizing hours and days right down to only a few seconds.
And the advisor can put their very own spin on it.
Can advisors simply say to it, “I need to write a advertising and marketing letter to my purchasers”?
They actually might do this. We’ve skilled [this tool] on monetary advisor content material we’ve produced through the years.
So the advisor might say, for instance, “I’d wish to create an e mail on [subject], and I need to attraction to younger [prospects] in Memphis.”
Our instrument will arrange that e mail in seconds.
But it surely creates solely the primary draft. So the advisor must edit it earlier than sending it out?
That might be our steerage. For positive, you’d need to learn it and really seemingly customise it and tailor it to a sure state of affairs.
There might even be a compliance layer that should overview it earlier than you ship it to purchasers.
Please clarify the way it permits customers to pick a tone of voice for his or her communication.
It’s very a lot a couple of private model or model. Some corporations or people need to current a very conservative, staid form of perspective of their advertising and marketing communications.
Others is perhaps speaking with, say, tech firm CEOs who may recognize just a little lighter tone.
How does your instrument obtain that?
It chooses completely different phrases and completely different combos of phrases. If the subject is retirement financial savings, say, it would [generate] completely different examples primarily based on the diploma of conservatism that you simply need to have within the draft.