Investing in gold IRAs is a legitimate means of investing for retirement. However, because it’s a non-traditional investment strategy, marketing these IRAs can be challenging. Some companies that offer gold IRAs use marketing that makes this type of investment seem like a scam, causing further issues for companies marketing legitimate offers.
Finding ways to reach the right consumer who has an interest in a gold IRA can be less challenging when you leverage the latest technology. Optimizing gold IRA marketing strategies and leveraging AI for better results represents a promising future for companies offering this type of investing.
Artificial intelligence enables marketers to personalize the marketing strategy related to a gold IRA investment. Deploying such technologies can improve customer service and yield more success within a variety of marketing strategies. Learn more about what’s possible with leveraging AI in your gold IRA marketing strategies.
Lead Generation and Qualification
When it comes to optimizing gold IRA marketing strategies to leverage AI for better results, lead generation is one of the biggest benefits. AI can pare down a broad list of leads, finding those who have an actual interest in gold IRAs. Your sales team then can spend more time speaking with potential clients and less time cold-calling leads that have no interest in gold IRAs.
AI can sort the data you’re receiving, finding the nuggets that indicate that one lead is far more promising than another. This saves significant time versus having your human sales team comb through the data.
Personalized Marketing Campaigns With AI
Another benefit of AI is generating personalized content in marketing messages. Because AI tracks such a large amount of data from each lead and customer, you can make the messages seem tailored to each person. Personalized messages are among the best ways to optimize gold IRA marketing strategies that leverage AI for better results.
Personalized marketing increases the level of trust that your customers have in your message and company. Such strategies make potential customers feel like the company is speaking directly to them, likely leading to a better conversion rate.
AI Data Shows Customer Preferences
AI can track customer preferences through data like past interactions with your company. When a customer responds to a certain type of marketing effort, AI can note and track the response, using it for personalized marketing efforts in the future.
Perhaps one customer responds to messages discussing the stability that gold provides as an IRA investment. Another may prefer hearing about gold as a diversification option in a wide-ranging portfolio of IRA investments.
You may even find that certain customers or potential leads respond to your social media posts or email messages that focus on a particular topic. AI tracks this information and uses it to generate personalized marketing messages that emphasize similar topics.
AI can efficiently sort through the data that shows each person’s preferences, revealing the most effective messages. Your human marketing and sales teams simply cannot process the same amount of data in a time-efficient manner. Consequently, they often end up relying on broad, generalized marketing messages.
Improved Customer Engagement
One way to make customer engagement more efficient is to use voice AI. Customers no longer have to wait until normal business hours or sit on hold to interact with your company or ask questions.
The voice AI system can answer questions and provide account information. It improves on basic customer service automation by using natural language processing (NLP) to make the interaction with the customer as natural as possible.
How Voice AI Works
Voice AI can comprehend the spoken language of customers. It analyzes the conversation, using NLP and automatic speech recognition (ASR) to understand the context of the caller’s question. It then generates an answer that attempts to solve the customer’s problem or query.
Voice AI isn’t going to solve every customer problem, and it knows when to elevate certain problems to a human customer support person. However, having voice AI handle simpler problems saves time for your customer support team.
In a report, Gartner found that about one-third of customers prefer to solve problems or find information themselves, rather than interacting with a human at your business. Voice AI gives them this option while making the interaction seem as natural as possible.
As another bonus, voice AI automatically collects data from every customer interaction. The next time the same customer reaches out to the company, AI can access past interactions. Customers don’t have to repeat themselves regarding a previous problem, and the interaction seems far more personalized.
Gain Insights From Data Analysis
In the competitive market of gold IRA investments, AI gives you a chance to stay ahead of the competition. When optimizing gold IRA marketing strategies to leverage AI for better results, you can use AI data to make predictions about the preferences of potential customers.
When studying such a large amount of data, AI is able to pick out potential trends in the market. Humans often miss these subtle market trend clues because they cannot process the data quickly enough.
Perhaps the data is showing that people interested in investing in gold IRAs have concerns over steadily growing inflation harming other types of investments. You could use AI data to spot the beginning of this trend. You then could adjust your marketing messages before your competitors to focus on using gold IRA investments to counteract inflationary pressures.
The data that AI is analyzing also can help you find the best way to reach people who have these concerns. The data may show that people are using the internet to search for solutions related to using gold to protect their IRA investments from inflation. You could react by immediately working to improve the search engine optimization (SEO) results on your website regarding this topic.
Compliance and Quality Assurance
When your sales and marketing teams need to follow regulations regarding customer interactions, AI helps you monitor compliance. It can flag questionable situations for review by the human manager, saving time and effort.
You may have specific internal quality rules you want your team to follow when reaching out to customers — for example, being careful not to give investment advice when discussing IRA options. Just as with monitoring regulatory compliance, staying on top of quality assurance issues also works more efficiently with AI.
Perhaps your internal quality assurance requirements demand that all of your marketing customer interactions include an educational component for new customers. AI can drill through customer interaction data to ensure that any new customers receive educational materials and information.
A manager may only be able to actively monitor a few interactions with new customers each day, while AI can monitor all of them. The AI system never needs to rest or call in sick. It can work through a tremendous amount of data in very little time, providing the most important information for your review.
Future Growth and Innovation
One way to ensure growth in the future for your company is to use AI to keep your marketing fresh and relevant. As industry trends begin to shift, AI data mining can help you predict these trends and adjust your marketing strategies accordingly.
For example, you may find that new potential gold IRA customers are beginning to respond to your marketing messages more frequently on mobile devices. You may need to devote more resources to creating seamless self-serve mobile interactions, rather than focusing on phone interactions.
You may also need to increase your social media marketing presence to try to capture this new mobile-driven market. Consider adjusting the layout and information on your website to provide a great mobile experience.
As AI processes a large amount of data, it has a better chance of finding such market trends before your human marketing team finds them. Taking innovative actions that acknowledge these trends before your competitors even know about the trends can fuel growth.
Leveraging AI for Better Results With Your Gold IRA Marketing Efforts
Finding a way to engage an audience that has an interest in gold IRAs can be a challenge. Overcoming the history of other companies that sometimes make gold IRA marketing almost seem like a scam is equally difficult.
Making AI a key component of your marketing plan is the best way forward for gold IRA marketers. Using AI lets you engage with customers on a personal level while generating data that helps you precisely measure the results of your efforts. AI can also help you spot industry trends early, promote growth, and stay ahead of the competition.
When it comes to leveraging AI for better results in your gold IRA marketing efforts, a small investment can lead to a significant payoff. Finding a trusted partner to help you take advantage of AI in a cost-effective way is key.
At 2X Solutions, we have the expertise to help gold IRA marketers make informed decisions about using AI the right way. We are ready to help you use AI to reach the customer segments that are most likely to respond. Reach out to 2X Solutions today for help with using AI in your gold IRA marketing efforts.