homevideos Newsstoryboard18 NewsGenerative AI unlocks new opportunities for media commerce, says mSix&Partners CEO
Generative AI unlocks new opportunities for media commerce, says mSix&Partners CEO
Jack Swayne, the Global CEO of mSix&Partners, one of the youngest GroupM agencies, highlighted the profound impact of artificial intelligence (AI) on the media industry in an interview with CNBC-TV18. During the interview, he also discussed the company's business in India, expressing strong confidence in the country's potential for growth.
Jack Swayne, the Global CEO of mSix&Partners, one of the youngest GroupM agencies, highlighted the profound impact of artificial intelligence (AI) on the media industry in an interview with CNBC-TV18. He emphasised that generative AI has revolutionised the way media agencies operate by enabling them to create multiple iterations of a single asset and optimise it for various commerce environments.
“Impact of artificial intelligence has been huge on media. Within AI, generative AI allows us to create many iterations of a single asset and optimise it for the commerce environment,” Swayne asserted.
Swayne also lauded the quality of content produced by generative AI, noting that it continuously improves and evolves over time.
During the interview, he also discussed the company's business in India, expressing strong confidence in the country's potential for growth. He commended the exceptional talent pool available in India, which has contributed significantly to their operations.
Additionally, Arun Srinivas, the Director & Head of Ads Business at Meta India, highlighted some key trends that would help marketers enhance their campaigns on the Meta platform during the upcoming festival season.
The company recognises the growing significance of personalised content through ads on social channels, particularly for Diwali shoppers. According to their research, 69 percent of users found it easier to complete their Diwali shopping with personalised products and gift suggestions on Facebook and Instagram. Moreover, they identified that 76 percent of Diwali shoppers prefer to see advertising in their local languages, signaling the importance of catering to regional preferences.
Watch accompanying video for entire discussion.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha Election 2024: Shiv Sena UBT’s Arvind Sawant highlights Uddhav Thackeray's vision for Mumbai’s progress
May 13, 2024 9:21 PM
Exclusive interview: 'Southern states will be a big surprise,' says PM Modi
May 13, 2024 9:05 PM
PM Modi's Patna visit: From serving langar to historic roadshow
May 13, 2024 5:13 PM