RETHINK THE CUSTOMER
The consumer as an unknown entity? Certainly not since big-data-mining was introduced… And yet brands and companies still underestimate another development of the past 20 years: that consumers themselves have been evolving into well-informed, autonomous and self-reliant Educated Decision-Makers. A consumer transformation. The key to any sustainable successful corporate transformation process is therefore a radical customer focus.
Every transformation process must start with the customer. The customer has morphed into an Educated Decision-Maker and has real needs and demands – prepare yourself for meeting them!
3 FACTS ON ESG We touched on the timely topic of ESG in our latest 55 minute of Reinvention Session. As a recap, this post provides a quick primer on…
WHERE WE COME FROM We have already introduced you to our Educated Decision-Maker. Our model of a consumer has transformed into a well-informed, independent and self-reliant decision-maker based on a…
RETHINK THE CUSTOMER TO MEET THEIR COMMUNICATION REQUIREMENTS This article is based on the extensive research results of a bachelor thesis from one of our colleagues on the topic: „Conversational…
This month we take a closer look at two of Microsoft’s AI lab projects. Embedded in a larger vision to “explore, learn, and code with the latest breakthrough AI innovations”,…
WHAT IS THE CLUETRAIN MANIFESTO? The Cluetrain Manifesto is to be understood as a „train of notion“ and is to be considered a prophecy of the Digital Age. It was…
REINVENTION, A PART OF THE COMPANY’S DNA The customer focus is a cornerstone of Amazon’s philosophy. Actually, it’s more than just a focus. It’s a coronation, as for Jeff Bezos‘…
HOW DO YOU RETHINK? Test your product. And yourself. 1 Use your own product within the next 24 hours. Just do it! Write down your first impression and experiences from…
FORWARD TO EXPERIENCE EVERYWHERE What do terms like “media convergence” and “multi-channel” tell you? That you are stuck in the past. Because you still think that digital competence will make…
SURVIVAL OF THE e-FITTEST. The rise of e-commerce has been the fall of bricks-and-mortar businesses and traditional mail-order retail. Blockbuster, Quelle, RadioShack and many more have disappeared – unnecessarily so,…
IT’S ALL ABOUT YOU The wildest dreams of marketeers could become true. Creating micro-segments, even „segments of one“, in order to individually target customers one by one and rethinking the…
WHAT IS AN EDM? A tremendous consumer phenomenon has occurred. Having arrived in the current, post-digital phase, it is now possible to show the chronology of how the consumer has…
YES, IT’S ALL ABOUT TRANSFORMATION „Help me Lord, I plead! Spirits I have conjured, no longer pay me heed.“ Goethe’s lamentation from the sorcerer’s apprentice is perhaps a little over…
KNOWLEDGE IS POWER. APPLIED KNOWLEDGE IS SUPERPOWER. The further development of humans that has started through digitalisation can no longer be reversed. All aspects of the digital society support this…
REINVENTING RETAIL – NEW YORK CITY EDITION. For Reinventing Retail we studied 99+ retail spaces in New York. We talked to experts, start-ups, retailers and we took the customer perspective…