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NEC develops marketing strategy planning & effectiveness simulation technology using generative AI

NEC develops marketing strategy planning & effectiveness simulation technology using generative AI

 

NEC Corporation has developed a marketing strategy planning & effectiveness simulation technology that utilizes generative AI to identify latent needs of customers and generate optimal measures.


. According to an NEC survey, this is the world's first technology that can automatically visualize customer interests and preferences (i.e. psychograhic attributes), generate measures, and predict customer responses to those measures. NEC aims to launch services with this technology in 2024.

This technology has been used to develop ideas for new services that are under consideration for next-generation service stations for ENEOS Corporation, Japan's largest oil & Energy Company.

 

Currently, companies that provide services to customers (real estate, retail, distribution, energy, etc.) try to understand the latent needs of customers before opening a new store, starting a new type of business, or selling a new product or service. In order to understand customer needs, methods such as questionnaires and roundtable discussions, as well as collecting and researching information on the Internet are used. However, these methods lack comprehensiveness and rationality, making it difficult to accurately grasp the potential needs of customers. Other options include the use of outside consulting services, but there are growing expectations for methods that can easily and interactively generate optimal effective measures.

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