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Great post, Sabrina! Building upon the premise that more data will lead to better customer service, the point that seems to be the most valuable to Macy’s strengths is the ability to track customers across channels and measure engagement. If indeed the key to winning in this space is the successful multi-channel engagement, it is critical to be able to measure and perhaps A-B test initiatives and innovations. It would be interesting to follow the customer response to the “smart dressing room,” to name just one example, and whether there are ways to leverage mobile browsing with the in-store experience in a way that customers respond positively to. Fascinating!
Iron Mountain seems to be a fascinating case of capitalizing on the preference for lower immediate costs in favor of lower lifetime costs. It seems counter-intuitive that sophisticated organizations still favor physical copies, but once Iron Mountain has the customer acquired its vertical integration serves them very well. A customer might possibly engage in document pickup, storage for several years, possibly digitization and paper disposal, all key facets of the operating model. As long as the preference for physical storage exists, this seems like an excellent method of matching operational capabilities with business opportunity. Thanks Ashley!