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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

This section contains articles submitted by site users and articles imported from other sites on Marketing Intelligence

Advent of Large Language Models or LLMs

Large Language Models, better known as LLMs, are at the forefront of the ongoing Artificial Intelligence (AI) revolution that is transforming the world of technology. Popular representatives of AI such as OpenAI's ChatGPT and Google's Bard also deploy this astonishing technology, and the term "LLM" is mentioned constantly in discussions, events and keynotes. So, what exactly is an LLM? Let’s explore!

Large Language Models are a type of AI program, and to be more precise, a type of Machine Learning (ML) program. It is built on a neural network model known as transformer model. The model is fed large amounts of data, usually from well curated data sources and datasets found on the internet, and then trained to interpret diverse and complex types of data (including human language). Following this, Deep Learning (DL) is deployed to conduct an analysis of this unstructured data to distinguish between different pieces of input and research data. Through this process, LLMs are able to generate appropriate responses for any problem that they are presented with. 

LLM models are best used as a form of Generative AI (GenAI). GenAI can generate text-based responses to all kinds of problems and even write complex code in a matter of seconds! It also has several other applications such as sentiment analysis, customer service etc. As a technology it is still in its early stages, comprising of several key issues such as bugs and other types of manipulations. Regardless, LLMs are the next big thing in AI today, and are sure to become a staple of tomorrow.

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Significance of using links in Instagram

Online presence is important for any businesses. Ignoring social media channels are not the way to do business now. According to a report, businesses worldwide spend over $5 billion a year. The best way to generate revenue on Instagram is to insert links of your website on Instagram page. Another way to generate leads is to use links on your caption. Find out more at: https://www.business2community.com/instagram/importance-of-links-in-instagram-best-hacks-for-your-profile-02428293

 

 

 

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Different kinds of marketing strategy

Business attracts customers in numerous ways. One of the oldest ways is the use of promo codes. It was found that 2/3rd people makes unplanned purchase when they were given coupon or special discount. Besides, it was also found that 80% people feel encouraged to buy from a new brand when they get a deal, while 74% people said that deals were the main factor when deciding where to buy online. This article describes about some deals you can start off. Read more at: https://www.business2community.com/strategy/3-top-strategies-for-taking-your-promos-to-the-next-level-02428388

 

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Significance of Data in launching a product

Planning to launch a new product needs analysis and extensive data collection. You can select target audience based on customer data. This article explains the various reasons as to how customer data make a difference for your business. Read more at: https://www.business2community.com/big-data/the-importance-of-data-in-powering-marketing-strategy-02427041

 

 

 

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Why customer satisfaction is important in business

Earlier, customer satisfaction was not the top priority for businesses, but customers nowadays are dependent more on digital environment and this has changed everything. Now, a discontented customer can leave a negative comment on social media or a review and that can have a direct impact on an organization’s image. That is why it is important to make business strategy surrounding customers. This article link explains what customer satisfaction is and how to measure it so that you can improve it. Read more at: https://www.business2community.com/customer-experience/how-can-you-measure-and-improve-customer-satisfaction-02410334

 

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Importance of social media marketing

Social media is not only for socialising anymore. It can be used as a powerful marketing tool. According to research, it is found that 78% of salespeople engaged in social selling are outselling their peers who are not using social media as a marketing tool. This article link describes the three most effective ways that can help you get the maximum benefit out of your social marketing efforts. Read more at: https://www.business2community.com/social-media/3-powerful-tips-to-make-your-social-media-marketing-more-effective-02409920?traffic_source=Connatix

 

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Offline SEO tactics

Search Engine Optimization is all about optimizing your brand’s image both offline and online. It is done through by utilizing good quality content. It improves the search engine rankings by increasing your online traffic, thus strengthening the opportunity of enhancing brand identity and higher revenue generation. This article discusses some of the off-page SEO tactics that can be used in 2021. They are: Broken Or Damaged Link Building, Using trusted Resources For Links, Augment Influencer Marketing, Using Social Bookmarking, Create, Use & Distribute Infographics etc. Read more at: https://www.business2community.com/seo/off-page-seo-tactics-for-2021-how-to-gain-more-traffic-during-the-pandemic-02402710

 

 

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Social Media Engagement Strategies

Building relationships with your consumers is important in expanding your organic reach as well as customer loyalty. Improving your social media engagement also aids in building robust relationships with your users. Social networks also give you the chance to interact directly with customers and fans, and thereby give consumers the opportunity to interact directly with your brand. Read more at: https://www.business2community.com/social-media/10-ways-to-increase-social-media-engagement-02402230

 

 

 

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Strategies for website optimization

Website optimization is important for any business. For website optimization you need to focus on SEO. There are numerous techniques that you can use to rank higher on search engines.  This article discusses the best practices for website optimization that every webmaster should follow. Here are the some of the strategies: Optimize For Mobile-First Indexing, Improve Page Speed, Fix Core Web Vital Issues, Optimize Meta Title & Description, Optimize Images, Use Schema Markup and more. Read more at:https://www.business2community.com/seo/website-optimization-best-practices-for-2021-02402314?traffic_source=Connatix

 

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Strategy for B2B marketing

The online world is continually changing. The idea that you hold dear today may not be of any use  tomorrow. So, it is important to have sound marketing ideas. And it should always be based on how your understand the market. There are five things that are common with B2B customers. They are: site UX is their first impression of your business, Be knowledgeable about the market, Data is crucial, Content repurposing, and Positioning is important. Read more at: https://www.business2community.com/content-marketing/b2b-buyer-behavior-5-must-know-things-about-b2b-audience-02402396

 

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Latest trend in Content marketing

Business-to-business (B2B) content marketing sometimes is dull in comparison to B2C marketing, but according to research, it was found that content marketing for B2B companies provides the backbone of their customer acquisition strategy and if you have a sound strategy, it can give you a phenomenal growth. Read more at: https://www.business2community.com/content-marketing/b2b-content-marketing-strategies-for-organic-search-02402382

 

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How to effectively use chatbots

Organizations all over the world, are depending on chatbots. It was found that 37% of consumers are expected to use a chatbot to get quick answers for any emergency questions asked, while 35% are expected to use one to solve a complaint or provide a detailed explanation about something. It is found that chabots are not being used effectively. So there should be some marketing strategy to use the chatbots effectively as chabots can help your business with its SWOT analysis, saves money and time as well. Read more at: https://www.business2community.com/marketing/a-complete-guide-to-chatbot-marketing-02401815

 

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Importance of video marketing

In today’s world video marketing is one of the key marketing methods which helps an organization with a range of functions. Its importance is growing every day. In this article link we will talk about the truth about video marketing strategy and also tell you how it promotes business growth and improves market performance. Read more at: https://www.business2community.com/video-marketing/the-truth-about-video-marketing-strategy-that-drives-growth-02386621?traffic_source=Connatix

 

 

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Importance of Market Positioning in Business

Organizations have many products, but they fail to keep focus on all their products. There are several factors that in the long run determine whether a business prospers or closes, market positioning strategy plays the most crucial role. This article link will delve into what market positioning is, how to position your business efficiently.  Read more at: https://www.business2community.com/marketing/market-positioning-the-keys-to-getting-it-right-02384508

 

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New Trends in Digital Marketing

Digital marketing has seen some changes due to COVID-19 pandemic. Yet as we all need to survive in this situation, there are some trends which are comping up in 2021 in a big way. These trends include marketing automation, user-generated content, social e-commerce etc. This article gives  us an insightful analysis of the new digital marketing trends. Read more at: https://www.business2community.com/digital-marketing/5-digital-marketing-trends-to-watch-out-for-in-2021-02378006

 

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Key trends to drive traffic on website

Everyone nowadays is into selling things online and creating ecommerce website is common. But getting sufficient website traffic to maintain a business is not as easy. It is a fact that there are several new ecommerce merchants are struggling to get a decent amount of traffic to their websites. This article tells you about some of the best ways to drive more traffic to your ecommerce website. Read more at: https://www.business2community.com/ecommerce/7-of-the-best-ways-to-drive-more-traffic-to-your-ecommerce-website-02383228?traffic_source=Connatix

 

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Trend in influencer marketing

This year is the age of influencer marketing. In 2020, it is found that more than 46% of brand published advertisement with hashtags #ad on Instagram; almost one-third of Instagram channels are currently filled with micro-influencers. They enjoy better commitment with their viewers because they work hard to build their brand, amuse their followers, and build relationships with their clients. Read more at: https://www.business2community.com/marketing/the-future-of-influencer-marketing-is-here-02382332

 

 

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Importance of elevator pitch

Elevator pitches are important and is part and parcel of any business. It requires to be easy and get  noticed. But it takes a lot of effort in creating a truly effective elevator pitch. Read more at: https://www.business2community.com/strategy/3-ways-to-deliver-an-elevator-pitch-that-will-sell-anyone-02381832

 

 

 

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All About Cyber Security after Pandemic

Businesses are now reopening and struggling to find a balance as the operations moved online, cyber attackers are making a comeback. Today’s cyber threat landscape is expanding to include new and more sophisticated vectors. It is said that SME businesses are exposed to security breaches. It is said that about 43% of cyber-attacks happen with small businesses. It is also found that cyberspace crime recorded that there is 30% increase in security breaches post-pandemic. Read more at: https://www.business2community.com/cybersecurity/cybersecurity-checklist-for-small-businesses-in-2021-and-beyond-02381997

 

 

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Building your brand with company logo

Creating your company logo memorable involves some brainstorming and also creative graphic designing. Your company logo can help you to make a position into customers’ mind. Logo also helps you to utilize it in your business and marketing strategy. This article describes five ways to build your brand with a company logo. Read more at: https://www.business2community.com/branding/learn-how-to-build-a-brand-with-your-company-logo-02381251

 

 

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