Tag Archive for: digital marketing 2023

ChatGPT-4: Is It a Game Changer for Digital Marketing?

Are you ready to discover the transformative impact of GPT-4 on digital marketing? Below we will explore the key differences between ChatGPT-3 and GPT-4 and how these advancements are revolutionizing the industry. We’ll also cover the system’s ongoing flaws and why it isn’t quite a replacement for humans – yet. 

The AI revolution has been rapidly advancing. With each iteration, we see more powerful and sophisticated language models. The OpenAI team has surpassed themselves once again with the unveiling ChatGPT-4, the successor to GPT-3. This new model boasts remarkable improvements in understanding and generating human-like language.

While the new OpenAI system is smarter, it lacks one key difference, the system’s flaws remain the same. 

In this blog, we will explore the key differences between the two models, their pros and cons, and delve into the impact GPT-4 has on the marketing landscape. Here’s what you need to know.

What is OpenAI?

In 2015, OpenAI was founded by a team of tech leaders as an AI research organization with a focus on creating and advocating for AI that is beneficial to humanity. The organization’s primary goal is to ensure that the progress made in artificial intelligence is in the best interest of society. OpenAI accomplishes this by developing AI models like the GPT series and collaborating with the research community to tackle the challenges and ethical considerations surrounding AI.

What is Chat GPT?

On Nov. 30, 2022, OpenAI created and released ChatGPT, an AI-powered language processing tool that allows for human-like conversations, answering questions, and assisting with various tasks such as writing blog posts and code. Within just 2 months of its launch, ChatGPT garnered over 100 million active users, surpassing the speed at which TikTok reached the same milestone by 9 months.

This speaks volumes to ChatGPT’s capability and impact. Furthermore, ChatGPT has continued to advance with the recent rollout of their new GPT-4 language model. Read on to learn more about these advancements.

Key Differences Between GPT-3 and GPT-4

On March 14th, OpenAI released their new image and text-understanding AI model, GPT-4. GPT-4 was created by building off of its predecessor, GPT-3. It pushes the boundaries of what is possible with AI language models. This new language model can generate text and images at a human level.

Some of the main differences include:

  • Increased Model Size: GPT-4’s model size is significantly larger than GPT-3. It allows for even greater context understanding and more comprehensive language generation.
  • Enhanced Fine-tuning: OpenAI has improved the fine-tuning capabilities of GPT-4, enabling users to customize the model to suit their specific needs more effectively.
  • Better Language Understanding: GPT-4 exhibits improved comprehension of complex language patterns and better handling of ambiguous or unclear input, making it more versatile and user-friendly.
  • More Languages Supported: GPT-4 supports an increased number of languages, empowering marketers to target a more diverse global audience.

GPT-4 is an impressive advancement in AI technology. Lets take a look at how it is impacting the landscape of digital marketing.

GPT-4’s Impact on Digital Marketing

GPT-4’s advancements have opened up new opportunities and revolutionized digital marketing. Here are some of the key areas where GPT-4 is making waves:

  • Content Creation: With its enhanced language generation capabilities, GPT-4 can create high-quality content that is both engaging and relevant to audiences. This allows marketers to generate information for blog posts, social media updates, and email campaigns quickly and efficiently. However, it’s mainly used for information to include in blogs and social media due to its technical tone and language style, not to “copy and paste” the info altogether. The flaws from content creation in previous versions remain the same, so human input is a must (more on this below).
  • Personalization: GPT-4’s improved fine-tuning capabilities enable digital marketers to tailor content and messaging to individual users, creating a more personalized and meaningful customer experience.
  • Chatbots and Customer Support: GPT-4-powered chatbots have become more human-like, capable of understanding complex queries and providing accurate responses. This has led to better customer support experiences and improved customer satisfaction.
  • Multilingual Marketing: With support for more languages, GPT-4 allows digital marketers to create content and communicate with audiences across the globe, helping businesses expand their reach and appeal to international markets.
  • SEO Optimization: GPT-4 can assist in optimizing website content for search engines, ensuring better visibility and higher rankings in search results

Embracing the Change

GPT-4 has proven to be a game changer for digital marketing. It has enabled marketers to create targeted, personalized, and engaging campaigns. This being said, it is important for people to use AI-powered tools responsibly. This will ensure that the content aligns with brand values and messaging. More importantly, that ethical considerations are taken into account.

Limitations of ChatGPT

Before you hang your work coat up thinking robots are taking your jobs, the human touch is needed. When it comes to customization for individual businesses, the same loopholes begin to appear.

  • ChatGPT (all versions) don’t know events past 2021: Probably the most significant drawback is incorrect data. This is due to the fact the AI system was only programmed up to 2021. As such, “facts” and statistics are not up to date. Similarly, despite its capabilities, GPT-4 has similar limitations as earlier GPT models. “Most importantly, it still is not fully reliable (it “hallucinates” facts and makes reasoning errors),” said the company.
  • ChatGPT Can Provide Wrong Answers: In a few instances that we see, ChatGPT was unable to deliver accurate responses to the queries, which restricted its ability to be used. It can’t interpret and adjust to unique queries, giving out incorrect and irrelevant text. It can be dangerous to use or trust this AI model at times because it cannot always be depended upon to provide accurate findings.
  • ChatGPT Has Machine language: In order to identify machine-generated content, researchers have identified features that make it sound unnatural. The difficulty AI has with idioms is one of these peculiarities. This peculiarity in machine-generated content is one of the problems with ChatGPT.
  • ChatGPT is not a Human Expert: How Close is ChatGPT to Human Experts? A research article claims understanding indirect meaning in human communication sometimes necessitates changing the topic at hand. Because ChatGPT takes things too literally, the AI occasionally misses the mark with its responses by failing to consider the original question.ChatGPT isn’t always available: The sheer volume of traffic bombarding the system means it cannot keep up with demand, and users find themselves waiting for days to utilize its services.

We’re living in exciting times as AI technology continues to evolve, and while the possibilities are endless, we must remain vigilant to its capabilities and reliability.

Final Thoughts

The introduction of GPT-4 has revolutionized digital marketing, offering unparalleled language generation and understanding capabilities. However, while this version of OpenAI’s system is smarter than its previous versions, it still won’t fix it’s ongoing flaws. This is why, as of now, it cannot be relied upon fully for information and the human touch is most definitively needed for all digital marketers.

At Onimod Global, we can help you harness the power of GTP-4 and other cutting-edge technologies to drive your digital marketing success. Our team of experts will work closely with you to develop tailored, data-driven strategies that align with your brand values.

Contact us today and see how we can elevate your marketing efforts to new heights.

What is the Future of Financial Advising?

The financial advising industry is undergoing a major transformation as technology continues to advance. 

People say that Artificial Intelligence (AI) is the foundation of future business. But does it fit financial services? Does it support financial services’ business models of the future?

One of the most significant changes has been the rise of robo-advisors. These digital platforms use algorithms to provide automated investment advice and portfolio management. But the human touch must remain prevalent to reach the best results.

In this blog post, we will explore the future of financial advising and robo-advisors, including how they are changing the way we invest, the benefits and drawbacks of using them, and what we can expect from the industry in the coming years.

The Robo-Advisor Debate

There is ongoing debate about the future of financial advising and how it will evolve in the coming years. Some experts predict that technology will play a larger role in financial advising, with the use of robo-advisors and other digital tools becoming more prevalent. At the same time, there is also expected to be a continued demand for human financial advisors who can provide personalized advice and support to clients.

Client trust is the most important metric for financial firms, especially in today’s volatile market. While robo-advisors excel at gathering data, savvy financial advisors need to be at the helm. And considering how ubiquitous money is in our everyday lives, that data should be coming from every direction.

Everything from customers’ hobbies to their social circles, favorite foods, and even health routines are factors in providing investment advice. A cross-platform approach that combines contextual data, public data, and proprietary analysis is key, and if your firm isn’t already investing in this type of technology, you’re behind the curve.

With so many options out there today, it’s easy for clients to get lost in all the noise. But when it comes down to it? They just want you to care about them as much as people.

The Hybrid Model 

We know that the future of financial advising is going to be shaped by a mix of tech innovation and human advisors.

One trend that has already begun to emerge is the use of hybrid models, which combine the use of technology with the services of a human financial advisor. In these models, clients may have access to digital tools and resources for managing their finances, but can also work with a human advisor for more complex financial planning and decision-making.

Obtaining customers’ trust and loyalty requires more than just a digital and automated approach. Interestingly, customers seem to crave a human touch and believe in higher added value in portfolios where financial services providers offer a combination of digital and traditional services. Simply put, full automation does not lead to more customer loyalty and trust towards financial services providers.

Moreover, customers understand the value of data and are willing to share it to receive benefits in return. For instance, 38 percent of all customers⁠—­against 46 percent of Generation Y customers⁠—would use digital platforms to take investment advice, while 78 percent of customers are open to receiving automated support about investment advice.

Investing in AI systems does not mean relying on them completely, there is always a need for the human touch as well.

Last Thoughts

Ultimately, robo-advisors have their limitations. The emergence of robo-advisors, in conjunction with demographic changes, suggest that this industry will be going through some significant changes over the next few years. Those firms that are able to adapt quickly to changes stand to make the most gains, while those that fail to do so risk being driven out of business or forced to undergo a major restructuring.

Digital innovation within the financial service industry is inevitable, companies must focus on digitally enabling their workforce, not just automating self-service. AI’s place in the enterprise is increasingly significant and useful, but it will never be capable of replacing the value of the human touch.

At Onimod Global, we specialize in digital marketing for financial firms. From content creation, webinar marketing, SEO and much more, we understand the need to keep up with technology trends in the digital marketing space. In fact, our President and CEO, Aaron Domino, recently gave a presentation in downtown Denver, CO about financial advisor trends and how they can affect your financial firm’s outlook.

If you’re interested in learning more about the future of digital marketing in the financial industry, contact us here.

5 Tips to Incorporate Images into Your Digital Marketing Strategy

Digital marketing is more than sending a message to your customers. It involves emotions, needs and desires to have it resonate with your customers. The best way to get your audience to take action is by using images.

Images are more than just a pretty picture—they’re a way to engage with your customers’ emotions, needs and desires. Marketing copy without images doesn’t resonate with customers. Continue reading here to learn more.

1. Images Are Memorable

Seeing a pretty picture sticks with you longer than the short description or advertisment it was shown in. Did you know that when people hear information, they’re likely to remember only 10% of it three days later? But if that same information is paired with a photo (or some other type of image), the likelihood of people retaining that info is increased to 65%!

So if you’re looking for a way to boost your retention rates, try pairing your content with an image.

2. Images Communicate Faster

If you’re trying to be heard and seen in a very fast paced world, images are your best friend.

We see over 5,000 advertisements a day—and most of us can’t even remember what they were for. Think about the images that stick with us: the Coca-Cola polar bears or the red M&M dancing in front of a crazy background.

Images work because they are digested quicker than text. It takes readers about 10 seconds to process and decide on the value of written text—not to mention the time required to read it! On the other hand, the mental and emotional impact from an image happens almost instantly.

3. Images Keep People Wanting More

Images are an important part of content marketing. They encourage readers to stick around and engage with your website.

In fact, TIME magazine wrote a piece about website visitors staying on a site for no more than 15 seconds. Having cool and interesting photos can help engage readers to learn more about what you do as a company and in turn has them spending more time on articles and site pages.

4. Images Increase Engagement

When it comes to digital marketing, the image is everything.

Whether your content includes images that illustrate text or simply accompany an article, readers want to see visuals. Articles and blog posts that contain images get over 90% more total views than those without.

Press releases also see a 45% increase in views when a photo or video are included. The same goes for social media: Tweets with images receive 150% more retweets than tweets without images, and Facebook posts with images see over 2x more engagement than those without.

At the end of the day, visuals make it easy for readers to digest and remember what they’re reading.

5. Images Help Make Sales

Online shopping is even more popular now with significant pushes from TikTok. However, most buyers won’t know what their product will exactly looks like once it arrives. This is where having high quality, and accurate photos of a product are so important. Most consumers want to know the quality of an item by looking at a photo. About 63% of customers think that image quality is more valuable than product information or even a detailed product description.

Final Thoughts

Whether you decide to use, Stock Photos, Branded Images/Graphics, Infographics, GIFs, or User-Generated Content there are many ways to employ visuals into your marketing. At Onimod Global, we specialize content creation, image and ad creation and much much more.

Looking to get started on digital marketing efforts for 2023? Contact us today.

How To Find YOUR Ideal SEO Company

Search engine optimization (SEO) can seem like a daunting task. It’s easy to feel overwhelmed by the sheer number of different factors that go into your strategy. This is one of the reasons why most businesses turn to an outsourced SEO agency. With thousands of agencies to choose from, it can be difficult to find a qualified and reliable one suited to your unique business needs. 

Define Your Goals

Defining your goals and intentions is the first step in finding a company that matches what you’re looking for. This should be more than just trying to get more organic traffic or rank for specific keywords. Establish exactly what you want to accomplish with SEO, whether that be to boost revenue or get more downloads or signups. No matter which company you chose, make sure you’re clear on the type of results you’re looking for and what services you need.

Factor Strategy Into Your Search

If you’ve ever searched the web, you’ve probably noticed that some sites rank higher than others. This is mainly due to search engines using algorithms to determine sites and their rankings. Algorithms factor things like how often people link to your site, how many times your site has been viewed, and how long it’s been around.

Unfortunately, there is no magic trick that will make your website rank higher in search results. You can’t just add keywords or change the color of your text and expect to see a boost in traffic. SEO is a process that takes time and effort. You need to build up your brand identity on social media platforms, write articles for websites with high authority and most importantly optimize the content on your website for SEO purposes.

Avoid Google Lists

Searching for the best SEO companies is a lot like searching for the best restaurants in your area. Most people will just look up top restaurant lists, but that isn’t always a good sign for a restaurant to have outstanding organic rankings themselves. If the restaurant has the time to constantly work on their own rankings, it may be because they aren’t doing that for others.

The best restaurants typically have a list of long-term clients who have and will refer other people to the same service. It’s also important to remember that lists such as those are generally not impartial. Many of the lists are pay-to-play. The websites that post the lists require payment from companies that they feature on them. The more they pay, the higher on the list they will be. That’s why using word-of-mouth advertising may be the best way to find a qualified and trustworthy SEO company.

Knowledgeable Employees

When you’re interviewing a company, it’s always great to speak with the CEO. But if you’re looking for an SEO agency, there’s a better way to evaluate what they can do for you. You want to go straight to the source. Speak with the team who is going to be doing the work for you. They’ll be able to give a more realistic view of how expert the team is and how they’ll actually interact with your business.

The CEO will undoubtedly be the most persuasive person in the company—after all, they’re trying to make your their client. It’s important to remember that they aren’t necessarily going to be doing the actual work on your account. If the team members seem knowledgeable about SEO and are able to answer your digital marketing questions, then this could be a good fit for your business!

How Onimod Global Can Help

Your business is unique, and so is your SEO strategy. That’s why we take the time to get to know you and your goals before we start working on your campaign. At Onimod Global, we understand how important it is to work with companies that have a clear idea of what they want from their digital marketing efforts.

We’re experts in organic search engine optimization, which means we focus on increasing your business’ visibility on Google and other major search engines through natural rankings. We’re also trusted Google Partners, which means we can help you take advantage of Google’s newest features and products.

We help our clients achieve long-term success through strategic planning for campaigns that deliver real results over time—not just instant gratification.

Take a look at how we’ve helped other companies, and learn more about what we can do for you!