Know What Your Customers Want Before They Do
Artwork: Rachel Perry Welty, Lost in My Life (Playmobil), 2010, pigment print
HBR has an article about Know What Your Customers Want Before They Do - you need to register to read it in full …. But well worth it –
There is also an article in Ad Age on the same theme "Here's My Personal Data, Marketers. What Do I Get For it?"
however if in a rush, here is the summary.
I like the article as it mirrors the ideals and principals of “My Digital Footprint”
- because of your data we know what you want to do before you do
- we can effect / distort your buying behaviour
- loyalty is not rewarding customers for behavioural change
- we can make it better/ easier/ faster
- the model is collect data, store data, analyse data, understand the gaps between analysis and action, close the feedback loop, gain more control
- customer is now on both sides of a business – creating data and consuming the analysis
- The customer ( you and me) are in control….