“Personalisation” and “customisation” are two terms often used in marketing, to refer to ways in which customers are treated as individuals. In some cases, the two terms are treated as synonyms, which is wrong because, really, “personalisation” and “customisation” solve opposite problems. Here is an overview of the main differences. Personalisation In the … Continue reading Personalisation vs customisation – Do you know the difference?
The marketing literature emphasises the role of the customer in co-creating value with the firm, as opposed to being a passive recipient of value at the end of a transaction. This can be achieved a posteriori, when the customer adds something to the product to make it more valuable for him or herself (for instance, when … Continue reading Offering high levels of customisation may actually be a bad idea