This PPT slide, part of the 16-slide Go-to-Market Revolution - Three Horizons of Change PowerPoint presentation, titled "Customer Pathways" outlines the significant shifts in consumer behavior driven by advancements in technology and media. It emphasizes that the evolution of Customer Pathways is crucial for businesses across all sectors. The text highlights how traditional media channels have transformed into a digital landscape, characterized by increased internet connectivity and the proliferation of online platforms.
Key points include the observation that most durable goods are now researched online before purchase, indicating a shift in consumer decision-making processes. The availability of peer-review ratings online for nearly all products reflects a growing reliance on customer feedback, which influences purchasing decisions. The travel and insurance industries have notably shifted from traditional agency-driven marketing to more direct, digital channels, showcasing the need for businesses to adapt their strategies.
The slide also mentions the rise of location-specific shopping and marketing through mobile devices, which suggests that businesses must leverage technology to reach consumers effectively. Furthermore, it notes that personal search histories are being utilized to tailor advertising, with customized ad revenues now exceeding those of print publications. This shift underscores the importance of data-driven marketing strategies.
Overall, the slide conveys that understanding these evolving Customer Pathways is essential for driving success in a transparent marketplace where customer trust is paramount. Brands must focus on delivering quality products and maintaining robust feedback mechanisms to foster loyalty and growth.
This slide is part of the Go-to-Market Revolution - Three Horizons of Change PowerPoint presentation.
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