Personalized: Customer Strategy in the Age of AI

In a world where consumers expect moreinstantly and seamlesslypersonalization is a strategic imperative.Consumers want personalized experiences, but few companies are rising to the challenge. Those that succeed in personalization build trusted relationships with millions of customers and engage with them at every step throughout their journey. Through the power of AI, they rethink their operations and unleash the creativity of their teams to finetune every interaction, delighting customers in the process.But most companies are not doing personalization well, leading to wasted money, squandered effort, and missed expectations. To be done effectively, personalization must be a critical element of an organizations strategy.Personalized is a playbook for delivering true personalization at scale. In this book, Boston Consulting Groups Mark Abraham and Harvard Business Schools David C. Edelman describe Five Promises of Personalization: Empower Me: Understand each customers needs and how best to meet them. Know Me: Win customers trust and permission to use their data to improve their experience. Reach Me: Reach out to the right customer, in the right channel, at the right time. Show Me: Tailor unique content to be relevant to each customer, enabled by generative AI. Delight Me: Design new ways of working and ensure continuous improvement, so a customers experience feels magical.With detailed examples across industriesincluding retail, health care, banking, technology, and travelthis book will help executives learn how to put personalization at the center of their strategy, accelerate growth, and capture their share of the $2 trillion personalization prize.