Company
Date Published
Author
Amanda Garcia
Word count
1234
Language
English
Hacker News points
None

Summary

In 2023, businesses will need to focus on efficient customer acquisition and retention due to economic headwinds, with data playing a crucial role in building robust customer profiles that enable targeted interactions. Precision personalization is also becoming essential, shifting from first-party to zero-party data, which requires earning customers' trust through transparency and control. Transparency and trust are non-negotiable for consumers, who demand personalized engagement without compromising their data privacy. Customer service will become proactive rather than reactive, with agents having access to context and proactively addressing customer needs. Finally, consumers will demand cohesive omnichannel experiences that anticipate every individual's needs across different touchpoints, making mastering an omnichannel strategy a crucial differentiator in the current economic climate.