Pulse
Behavioural Data XTREMEPUSH
Xtremepush: show me you know me
Tommy Kearns, CEO of Xtremepush, explains the significance of player behaviour data to unlock sophisticated campaigns that can retain, reactivate, and reward players.
What exactly is the role of AI in CRM systems? How is this changing and in terms of sports betting and online gaming, who benefits?
AI has been part of sophisticated CRM systems for some time now, although the role that it plays has been rapidly evolving, particularly over the last twelve to eighteen months. Te use of machine learning models for the purpose of prediction and segmentation came first, with many platforms offering standardised approaches.
Te development of generative AI saw the technology added to CRM systems to help with use cases like subject line or content development. We are still in the early stages of this new development, and the impact on a CRM team’s performance or efficiency is still to be fully understood.
As we move into 2024, we believe that the application of machine learning will evolve, driven by an improved understanding of the topic within end users, combined with the growth of legislation around the use of AI, particularly in sensitive areas like betting. We build our machine learning products with flexibility and transparency at their core in anticipation of this change in demand - no longer will smoke and mirror black box methods be as widely accepted when it comes to the use of machine learning models. End users will understand that algorithms are not just one size fits all, and that is something we are leaning into here at Xtremepush.
If we think about who benefits, there are two
Tommy Kearns CEO Xtremepush
categories of impact that come to mind. When implemented correctly, machine learning models can improve the performance of CRM campaigns, especially from a targeting and bonus spend control POV. Generative AI on the other hand can streamline workflows and drive efficiency in process, but in our opinion that is yet to be truly realised in a tangible way.
What does hyper-localised marketing look like?
For sports betting and iGaming, hyper-localised marketing is a strategy that presents players with promotions that are relevant to their region. If you take the United States, for example, a sports bettor in Boston is far more likely to take up a promotional player prop opportunity on a Patriots star compared to someone based in New Jersey. When you layer this with player preferences such as their preferred market you can deliver an enhanced player experience.
When implemented correctly, machine learning models can
improve the performance of CRM campaigns, especially from a targeting and bonus spend control POV. Generative AI on the other hand can streamline workflows and drive efficiency in process, but is yet to be truly realised in a tangible way.
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