Artificial Intelligence-Powered Marketing Forecasting: Revolutionizing Precision and Effectiveness in Predictive Analytics

Authors

  • Sukesh Reddy Kotha

Keywords:

Artificial intelligence, predictive analytics, marketing forecasting, machine learning, business effectiveness.

Abstract

Artificial intelligence (AI) is revolutionizing marketing forecasting by vastly improving the precision and effectiveness of predictive analytics within contemporary enterprise environments. This paper explores how AI-powered solutions, using machine learning, deep learning, and natural language processing, outperform traditional methods by rapidly processing high-volume, multi-source data—from sales records and online interactions to social sentiment—thereby enabling superior forecasting, personalization, and resource allocation. Industry case studies including Amazon, Alibaba, Tesco, Procter & Gamble, and Westpac demonstrate significant improvements in forecast accuracy, supply chain optimization, and campaign ROI driven by AI integration. Critical literature highlights theoretical underpinnings such as ensemble methods and adoption frameworks, while also acknowledging challenges around data quality, interpretability, regulatory compliance, and ethical governance. Empirical evidence confirms that AI models consistently lower forecasting errors and deliver actionable business value when benchmarked rigorously and coupled with human oversight. Ultimately, AI-powered predictive analytics transform marketing strategies, fostering adaptability and competitive advantage amidst dynamic market conditions.

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Published

24.07.2023

How to Cite

Sukesh Reddy Kotha. (2023). Artificial Intelligence-Powered Marketing Forecasting: Revolutionizing Precision and Effectiveness in Predictive Analytics. International Journal of Intelligent Systems and Applications in Engineering, 12(9s), 859 –. Retrieved from https://ijisae.org/index.php/IJISAE/article/view/7866

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Section

Research Article