5 changes in consumer-brand relationships
The advent of social media and the diffusion of digital technology have created significant changes in the way consumer-brand relationships are conceived, both by consumers and by companies. This pst discusses some of the major factors that have contributed to this evolution. 1. Personal vs. public conversations A few decades ago, interactions between consumers and companies were rare and occurred almost entirely in a one-to-one manner . Consumers had few available options for retrieving information from a company as communication channels were limited ; they could perhaps contact a call center, drive to a store, and, more recently, write an email. Interactions between companies (or intermediaries) and consumers were usually private . Some recurring issues might have cost companies a lot of money as they needed to be addressed to different customers over and over again. Also, badly handled interactions would have had limited consequences for a...