Intel Chairman, Andrew Grove, once
said, “We need to look at our business
as more than simply building and
selling personal computers. Our business
is the delivery of information and lifelike,
interactive experiences.” But delivery of
interactive experiences is not merely entertaining
customers. It goes beyond
that—it is about engaging the customers,
in a personal, memorable way. These days,
customers irrespective of their location—
be it developed countries or developing
countries want a company to help them, to
treat them in a personal, caring way that
would last in their memory forever.
For example, Kaiser Permanente, the
largest health maintenance organization
in the US found out that it was the awful
patient experience, which was the primary
barrier for its poor growth and huge
costs. After its stagnant sales and first
ever quarter loss in December 2002,
McDonald’s, known all over the world for
its standardized interior decoration in all
its food outlets, has allowed its franchisees
to be innovative in designing the interiors
of restaurants to provide a better
customer experience.
In India, theme parks, food courts,
movie halls, etc. have become an integral
part of malls lately. The new Indian malls
are no longer just shopping areas, they
have transformed into a place to avail a
wholesome ‘experience’ from shopping to
movies to eating. Presently, malls across
the country are allocating between 10 and
30% of their total space for entertainment.
Bookstores like Crossword and
Landmark in India are trying to reverse
the traditional concept of booking, buying
and reading into a whole new experience.
Creating such memorable experiences to
fulfill the desires of the customers has
become the main objective.
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