Retail Disrupted

Personalized: Customer Strategy in the Age of AI


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On the final episode of 2024, Natalie is joined by authors Mark Abraham and David Edelman to discuss their new book, Personalized: Customer Strategy in the Age of AI.

📺 This episode is also available as video, so head over to the new Retail Disrupted channel on YouTube to watch the conversation unfold.

David, Mark, and Natalie discuss how customer expectations are evolving in this digital era, why businesses often get stuck and don't go far enough when it comes to personalization, and how generative AI will unlock new real-time personalization opportunities for retailers and brands.

More on the authors:

David C. Edelman has a history of personalization work spanning three decades. Today, he is a Senior Lecturer at Harvard Business School, an executive advisor and board member to brands and technology providers, and an advisor to BCG. Forbes has repeatedly named him one of the Top 20 Most Influential Voices in Marketing, and Ad Age has named him a Top 20 Chief Marketing and Technology Officer. Together with Mark, David wrote the 2022 Harvard Business Review article (Customer Experience in the Age of AI) that inspired this book.

Mark Abraham is a Senior Partner at BCG and the founder of the firm's Personalization business, which he has built into a global team of more than 1,000 agile marketers, data scientists, engineers, and martech experts. Mark's teams have accelerated the personalization efforts of over 100 iconic brands (e.g., Starbucks, Home Depot, and Google) and built some of BCG's largest ventures and AI platforms, including Fabriq for personalization. Mark now leads BCG's North American Marketing, Sales & Pricing practice.

About PERSONALIZED

"In a world where consumers expect more—instantly, seamlessly, and the way they want it—personalization is a strategic imperative."

Research shows consumers want personalized experiences. A select few companies are rising to the challenge by building trusted relationships through digital channels. They engage with customers throughout their journey and tailor interactions using AI and technology. Most companies do not personalize well, wasting money and effort. Personalization must be a strategic priority. Personalized outlines the Five Promises companies must fulfill: Empower Me, Know Me, Reach Me, Show Me, and Delight Me. With examples across industries, PERSONALIZED helps executives put personalization at their strategy's center to accelerate growth and capture their share of the $2 trillion personalization prize.

Thank you to the Retail Disrupted community for an amazing year! Enjoy the festive break and see you in 2025.

For more, visit https://retaildisrupted.com

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Retail DisruptedBy Natalie Berg

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