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Marketing

Summary: key takeaways

Summary: key takeaways


Recognize the “cracks in product centricity” 

  • "! The list continues to grow… 
  • !! Be clear about what customer centricity is (and isn’t) 
  • "! It’s not about “super duper customer service” 
  • "! Nor is it about excessive/intrusive targeting… 
  • "! Don’t forget the “paradox of customer centricity” 
  • !! Celebrate heterogeneity! 
  • "! Choose performance metrics, incentive schemes, and organizational 
  • structures that properly reflect it 
  • "! Elevate the visibility/importance of “smart” acquisition (and retention/
  • development) 
  • !! Think about the long-term 
  • "! “Investing in the right customers” doesn’t offer quick payoffs 
  • "! Constantly experiment and think about the next one to run… (“earning while 
  • learning”) 
  • !! Customer centricity isn’t for everyone 
  • "! An industry with a mix of strategies may be the best practice

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