senckađ
Group745
Group745
Group745
Group745
Group745
Group745
Thought Leaders in association withPartners in Crime
Group745

Future-Proofing Brands in the Age of GenAI

15/05/2024
Asset Management, distribution and software
London, UK
51
Share
Ofir Livne shares how brands can stay ahead of the game when it comes to leveraging GenAI

I’ve been in the sales and marketing industry for over a decade now, and the pace of change has never ceased to amaze me. As we adapt to this ever-evolving landscape, one thing becomes clear: staying ahead requires not just adapting to new technologies, but fundamentally rethinking how we manage our operations.


Key Strategies for Building a Robust Foundation for GenAI


1. Enhancing Visibility and Reducing Budget Wastage

Ask yourself: Do you know where all your content is right now? Can you say with confidence that your marketing budget is being spent efficiently? Over half of all created content may never be audited, leading to significant budget wastage. To prepare for GenAI, brands must first gain complete visibility over their content ecosystems. This means ensuring that no asset goes unused and that duplications are avoided, thereby streamlining operations and setting a clear path for more advanced, AI-driven tools to take root.


2. Mitigating Intellectual Property and Regulatory Risks

Are you worried about the legal and regulatory implications of your marketing practices? With fines for non-compliance reaching into the billions, it’s essential that your data management systems not only comply with current regulations but are also agile enough to adapt to new ones. This includes having robust compliance automation tools in place, which can safeguard against potential risks and protect your brand’s reputation as you integrate GenAI into your strategies.


3. Enforcing Guidelines and Protecting the Brand   

Do your current tools ensure that every piece of content aligns with your brand guidelines? Approximately half of all digital content isn't visible in current Digital Asset Management systems, which complicates monitoring and compliance. Effective brand management means having the capability to automatically ensure that all content adheres to brand guidelines, thereby protecting your brand identity consistently across all channels.


Engaging with the Future

As we stand on the brink of a new era marked by GenAI, the conversation about technology must also include a discussion about the infrastructures supporting it. How are your current systems preparing you for the future? Are your teams ready to adopt new tools, and do they have the necessary support to integrate these tools effectively?

Future-proofing your brand for GenAI doesn’t start with the technology itself; it starts with addressing these foundational questions. By solidifying our data management and content strategies now, we ensure that our marketing efforts are not only more efficient but also primed for the next wave of digital innovation.

As we continue to enhance our platform, Medialake remains focused on the future, helping to shape how businesses understand and interact with their data in preparation for the next wave of digital marketing innovations.

If this article got you thinking or you've got questions about future-proofing your brand, get in touch for a chat.

More News from MedialakeAI
Thought Leaders
Beating the Competition
26/04/2024
12
0
ALL THEIR NEWS
Work from MedialakeAI
Marketing Head
MedialakeAI
03/10/2023
17
0
ALL THEIR WORK