Being a customer-centric company requires much more than putting the customer at the center. Learn about the importance of data and its privacy
Prioritising the needs and expectations of customers is today the guiding light of successful companies. This is a philosophy that had to be translated into maximum personalisation in the wake of the new challenges posed by the Covid-19 pandemic. People are looking for appropriate support and are increasingly demanding truly relevant experiences.
How can a customer-centric approach be combined with efficient and responsible information management ?
How to get a 360º view of the business to achieve strategic objectives
Data accompanying new demands
Accelerated by the pandemic, digital transformation has boosted actions focused on caring for and building customer loyalty. Brands now have a wealth of data that allows them to gain in-depth vk database of their current and potential customers, as well as to support them appropriately at each point of the purchasing journey.
In fact, by helping to collect and organize millions of signals linked to consumer preferences and patterns, the big-data revolution brought innovation and flexibility to the marketing universe and made it possible to maximize real-time decision-making.
Unlike the strategy that many companies have been following for years - that of focusing solely on offering their products and services to a mass audience - what makes the difference today is understanding the new and changing needs, concerns and desires for inspiration of each consumer.
However, being a customer-centric company requires much more than placing the customer at the center of the scene.
Building loyalty through trust
Many companies focus on accumulating consumer behavior data and using that information to enhance segmentation, improve sales, or reduce costs.
But to ensure long-term success, a customer-centric strategy must have a comprehensive view of the customer and all business decisions must be based on customer satisfaction. It is about integrating the customer-centric philosophy into the data-driven organizational culture .
83 % of companies require supply chains to improve customer experience as part of their digital business strategy.
Source: Gartner
Attracting and winning people's attention, as well as creating a lasting bond that is constantly reinforced, is only achieved when companies can offer trust. This is what long-term relationships are based on.
And as consumers are aware — and increasingly concerned — about how brands handle their data, the best equation when combining a customer-centric and data-first approach is to manage the enormous amount of information available in a unified manner.
At the same time, all data held by a company must be reliable and protected. That is the only way to make responsible business decisions and comply with all privacy regulations.
How to be a truly customer-centric company with data management
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