How can you win the trust of customers?

Zappos, Apple, and Best Buy share a common feature: consumer trust is their key competitive advantage. Why is the ability to generate trust a new asset for companies? What are the characteristics of firms that are really trusted? In a world that is highly inter-connected, the levels of integrity and trust expected of others haveRead more…

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Word of mouth on the Internet: Being aware of message distortion

Based on an interview with Kristine De Valck, assistant professor of marketing at HEC Paris, research@HEC no 27, June-July 2012. Kristine De Valck and her co-authors analyze an electronic marketing campaign designed to promote a specific cell phone model among bloggers. They show that, unlike conventional marketing campaigns, on blogs the message can be distortedRead more…

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Why shoppers choose products from the center of displays

Based on an interview with Selin Atalay, assistant professor of marketing at HEC Paris, research@HEC no 27, June-July 2012. Previous research has established that consumers are more likely to pick articles located in the center of supermarket shelves than those on the sides. Selin Atalay, Onur Bodur, and Dina Rasolofoarison explore the underlying mechanisms ofRead more…

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Mobile Revolution: New consumer patterns, new opportunities!

By the end of 2011, 6 billion people were mobile subscribers, or an incredible 87% of the world population versus just 5% 15 years ago. This global, en masse adoption of mobile is not without consequences for marketing and CRM. Going forward, how can companies best leverage the marketing possibilities of the mobile channel? BeforeRead more…

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Facebook, Twitter, YouTube… How to Optimize Marketing 2.0 ROI

On average, companies still spend between 70 and 90% of their marketing budget on traditional media (ads in print media or on television, promotional campaigns, etc.). The main obstacle to the rise of marketing 2.0 is the difficulty that managers encouter with effectively measuring ROI for campaigns on social networks. Read our focus Facebook, Twitter,Read more…

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Are You in Touch with Your Customers?

The blossoming of social conscience, the 2008 crisis, and the explosion of web 2.0 are all behind a trend that is revolutionizing the value creation chain: collaborative consumption. Would you be willing to share your car with strangers? Created in 2010, WhipCar, a London car rental company proposes over 1000 vehicles, none of which itRead more…

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Glocalization: Addressing Market Idiosyncrasies

Nowadays, consumers everywhere demand that their individual characteristics be taken into account. The time for internationalization strategies based on standardization is over: get ready for glocalization. Nokia’s conduct in India offers a premium illustration of glocalization. Not only has the company optimized local marketing schemes, but it has set an example for the rest ofRead more…

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