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Scoped Literature Review of Artificial Intelligence Marketing Adoptions for Ad Optimization with Reinforcement Learning
University of Borås, Faculty of Librarianship, Information, Education and IT. School of Informatics, University of Skövde. (InnovationLab)ORCID iD: 0000-0002-3553-5983
University of Borås, Faculty of Librarianship, Information, Education and IT.ORCID iD: 0000-0003-4308-434X
University of Borås, Faculty of Librarianship, Information, Education and IT. (InnovationLab)ORCID iD: 0000-0002-9685-7775
School of Informatics, University of Skövde.ORCID iD: 0000-0002-8900-6139
2023 (English)In: Machine Learning, Multi Agent and Cyber Physical Systems: Proceedings of the 15th International FLINS Conference (FLINS 2022), World Scientific, 2023, p. 416-423Conference paper, Published paper (Refereed)
Abstract [en]

Artificial Intelligence (AI) and Machine Learning (ML) are shaping marketing activities through digital innovations. Competition is a familiar concept for any digital retailer, and the digital transformation provides hopes for gaining a competitive edge over competitors. Those who do not adopt digital innovations risk getting outcompeted by those who do. This study aims to identify AI mar-keting (AIM) adoptions used for ad optimization with Reinforcement Learning (RL). A scoped literature review is used to find ad optimization adoptions re-search trends with RL in AIM. Scoping this is important both to research and practice as it provides spots for novel adaptations and directions of research of digital ad optimization with RL. The results of the review provide several differ-ent adoptions of ad optimization with RL in AIM. In short, the major category is Ad Relevance Optimization that takes several different forms depending on the purpose of the adoption. The underlying found themes of adoptions are Ad Attractiveness, Edge Ad, Sequential Ad and Ad Criteria Optimization. In conclusion, AIM adoptions with RL is scarce, and recommendations for future research are suggested based on the findings of the review.

Place, publisher, year, edition, pages
World Scientific, 2023. p. 416-423
Series
World Scientific Proceedings Series on Computer Engineering and Information, ISSN 1793-7868, E-ISSN 2972-4465 ; 13
Keywords [en]
Advertisement, Artificial intelligence, Reinforcement learning
National Category
Computer Sciences
Identifiers
URN: urn:nbn:se:hb:diva-29251DOI: 10.1142/9789811269264_0049ISBN: 978-981-126-925-7 (print)ISBN: 978-981-126-927-1 (electronic)OAI: oai:DiVA.org:hb-29251DiVA, id: diva2:1725555
Conference
15th International FLINS Conference on Machine learning, Multiagent and Cyberphysical systems (FLINS2022)
Note

Partly funded by The Knowledge Foundation, grants nr. 20160035, 20170215

Available from: 2023-01-11 Created: 2023-01-11 Last updated: 2023-11-27

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fulltext(208 kB)225 downloads
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ef32e35d2bdb1f5eeb0949ba8bdaa70dfb1d44cbdf98a7e1023b11447d647f82d03875bdcc883cd6045aff9f20aeb490f0a7135dcd9fb89e487cffe8e7d85957
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Sahlin, JohannesSundell, HåkanMbiydzenyuy, Gideon

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