The Rise of Consumer Control: What’s a Business To Do?
September 19, 2014 | By Ketner Group
With the evolution and widespread use of the Internet, mobile devices and social media, we’ve arrived in a fast-paced, noisy and fickle consumer environment. It takes a matter of hours for consumer opinions to go viral across the web, and in a world where word-of-mouth travels like wildfire, businesses need to keep their ears to the ground to anticipate the next bit of buzz at the digital water cooler. Consumers have infinite stores and brands and tons of ecommerce choices to search for and buy the products and services they want – so how does a business foster a loyal community of shoppers in the digital world? Our client ThoughtWorks says let the consumer take the wheel.
ThoughtWorks has recognized the significance of the customer loyalty revolution in today’s hyper-connected economy, and plans to address the changing face of engagement at ParadigmShift — its 3-day, invite-only thought leadership conference September 21-23, right in our own backyard. “Technology is upending the dynamic of customer engagement,” says ThoughtWorks CEO Craig Gorsline, and ParadigmShift can help business leaders in all verticals prepare and execute the most effective strategies for two-way digital consumer interaction and loyalty.
Today’s shopper has unlimited instant access to information, reviews, social media and news surrounding a business, its products and reputation – all available at their fingertips. ParadigmShift will illuminate the profound changes in the customer landscape and open up the dialogue between top enterprise executives on how organizations can maintain relevancy with each other and their consumers.
Hugh Forrest, director of the ever-evolving and widely attended SXSW Interactive conference, will lead the closing keynote for the event, giving attendees an exclusive look into the dynamic inner workings of the minds behind the 4-day innovation summit that so wildly inspires SMB entrepreneurs and large enterprises around the world.
With redefined roles of engagement and brand loyalty, increased convenience, speedier interactions and the rise of personal choice, businesses must accept that handing the reigns to the consumer is not a bad thing. It’s what shoppers want, and when businesses embrace it, they’ll lead the next generation of successful customer engagement.
Stay tuned for more insights from conference sessions next week!