
Personalized
Description
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In a world where consumers expect more?instantly, seamlessly, and the way they want it?personalization is a strategic imperative.
Research shows that the vast majority of consumers want personalized experiences, and a select few companies are rising to the challenge. These personalization leaders build trusted relationships with millions of customers across channels and engage with them at every step throughout their journey. They are rethinking their operations and unleashing the creativity of their teams?combined with the power of AI and technology?to fine-tune each successive interaction, delighting customers in the process.
Most companies, though, 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 your organization's strategy.
Personalized is a playbook to deliver true personalization at scale. In this book, Boston Consulting Group's Mark Abraham and Harvard Business School's David C. Edelman describe the Five Promises of Personalization that companies must live up to:
- Empower Me: Understand each customer's unique needs and decide how to best help them.
- Know Me: Win customers' trust and permission to securely use their data to improve their experience.
- Reach Me: Reach out to the right customer, in the right channel, at just the right moment.
- Show Me: Tailor unique content to be relevant to each customer, enabled by generative AI.
- Delight Me: Design new ways of working and processes to speed up the velocity of continuous improvement and make a customer's experience feel magical.
With detailed examples across industries?including retail, health care, banking, B2B, technology, fashion, and travel?this 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.
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Persons
Mark Abraham is a senior partner at Boston Consulting Group and founder of the firm's Personalization business. He and his team have accelerated the personalization efforts of more than a hundred iconic brands and built some of BCG's largest ventures and AI platforms, including Fabriq by BCG, for personalization.
David C. Edelman is a senior lecturer at Harvard Business School, an executive advisor and board member to brands and technology providers, and an advisor to BCG. Previously, he was chief marketing officer at Aetna. He has worked with dozens of companies on personalization, AI, and agile marketing at both BCG and Digitas.
Content
- Intro
- Contents
- Preface
- Ch 1: The Personalization Advantage
- Part One: The Promises of Personalization
- Ch 2: Empower Me
- Industry Spotlight: Travel
- Ch 3: Know Me
- Industry Spotlight: Financial Services
- Ch 4: Reach Me
- Industry Spotlight: Retail
- Ch 5: Show Me
- Industry Spotlight: Fashion and Beauty
- Ch 6: Delight Me
- Industry Spotlight: Health Care
- Ch 7: Building Personalization through Smart Integration
- Industry Spotlight: B2B Distribution and Technology
- Part Two: Leading the Transformation
- Ch 8: Expanding Roles in the C-Suite
- Ch 9: Measuring Impact
- Ch 10: Navigating Risk and Privacy
- Ch 11: Competing on Personalization
- Ch 12: Personalization of the Future
- Notes
- Index
- Acknowledgments
- About the Authors
System requirements
File format: ePUB
Copy protection: Watermark-DRM (Digital Rights Management)
System requirements:
- Computer (Windows; MacOS X; Linux): Use a reading software that can process the file format ePUB: e.g., Adobe Digital Editions or FBReader – both free (see eBook Help).
- Tablet/Smartphone (Android; iOS): Before downloading, install the free app Adobe Digital Editions (see eBook Help).
- E-reader: Bookeen, Kobo, Pocketbook, Sony, Tolino and many more (not Kindle).
The file format ePUB works well for novels and non-fiction books – i.e., „flowing” text without complex layout. On an e-reader or smartphone, line and page breaks automatically adjust to fit the small displays.
This eBook uses Watermark-DRM, a „soft” copy protection. This means that there are no technical restrictions to prevent illegal distribution. However, there is a personalised watermark embedded in the eBook that can be used to identify the purchaser of the eBook in the event of misuse and to provide evidence for legal purposes.
For more information, see our eBook Help page.