People want to do business with other people. That’s been true since the beginning of time. A hundred years ago our great-grandparents knew the people who sold them hardware or shoes or chickens. There was a personal touch. If there was good service at a fair price and maybe a kind word and a smile, you had a business relationship that lasted for many years.
However, during the past several decades huge companies have been selling identical products to millions of people via mass media advertising on television, and in the process many companies have lost the human touch. Many smaller companies adopted the mass media approach model for their own markets. Advertising agencies were hired to develop “messages.” Salespeople memorized scripts. Top executives fretted about financials, but not about customers.
Now, buyers can interact with anyone who is active in social media. They can see what companies are doing. Who is engaged? Who will talk to me? Does anyone care?
With so many products available, experiences are becoming the differentiator at many organizations.