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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