First off let’s give some insight as to what the phrase “The Fourth Industrial Revolution” means. Don’t be alarmed, it sounds scarier than what it actually is.
To put it simply, technologies have emerged and are affecting our lives in significant ways. This revolution is a new era that builds and extends the impact of digitization in new and unanticipated ways. It is therefore worthwhile taking some time to consider exactly what kind of shifts we are experiencing and how we might, collectively and individually, ensure that it creates benefits for the many, rather than the few.
With more and more customers using digital platforms and wanting responsive methods of communications, businesses too have adopted new technological advances and are ever evolving within the digital space thus creating a sense of trust with their respective consumers.
hi.guru was one such business that was born out of a recognised need for consumers and businesses to manage their conversations in a more effective, conversational and responsive way using AI.
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So within this exciting revolution how does one build consumer trust? Simple, Marketers and Businesses must invest in consumer rights, transparency, AI and more to find a personalization balance.
A few Insights Into How this Can be Done:
- Adopt a consumer rights approach to data management
By demonstrating a commitment to protecting consumer information and enacting a strong privacy policy, consumers will feel valued, safe and encouraged to engage with your brand.
- Navigate the personalization paradox to deliver mutual benefits
- Prioritize transparency for better engagement
- Utilize AI to build authentic relationships
- Attract next-gen consumers by prioritizing social values
Article Source: https://www.adweek.com/brand-marketing/how-to-build-consumer-trust-in-the-fourth-industrial-revolution/