Avoiding the 'Uber moment' in finance
The threat to banks is not technology. It's a failure to transform themselves to a truly customer-centric mode of operation, writes Justin Peyton of DigitasLBI.
The threat to banks is not technology. It's a failure to transform themselves to a truly customer-centric mode of operation, writes Justin Peyton of DigitasLBI.
Consumers want more from brands in return for their data than well-targeted messages. So what can brands give them?
Brands are redefining their core principles to focus more on purpose and value, an opportunity for agencies to take a higher seat at the table — if they are up to it.
To compete against startups that seek to transform their industry, existing financial institutions must make digital innovation an integral part of their culture.
Airbnb's eye-popping surge in value shows the profound power of a truly customer-centric brand, according to Wunderman Thompson's APAC transformation and strategy officer.
Consumer behaviour in response to COVID-19 fears and self-isolation differs in markets across APAC, says Wunderman Thompson research.
The pandemic has opened new customer experience opportunities that should not be ignored by only adding a few generic digital tools, says Wunderman Thompson's APAC strategy chief.
A rumoured merger may or may not happen. But it would make a lot of sense to both companies, argues Wunderman Thompson's chief transformation and strategy officer.
"If we stop focusing on next quarter and instead consider what is likely to occur in a few years’ time, it becomes easier to take decisive steps."
With adoption rates on voice-enabled home systems taking off, consumers will soon need to decide which AI ecosystem is best for them.