PUBLISHER: QKS Group | PRODUCT CODE: 1445918
PUBLISHER: QKS Group | PRODUCT CODE: 1445918
Quadrant Knowledge Solutions Reveals that Personlaization Platform Market is Projected to Register a CAGR of 16.90% % by 2027.
Organizations are increasingly focusing on enhancing their customer experience through unique offerings and individualized customer engagement strategies. The personalization platform helps marketers develop messaging based on each customer's previous interaction and buying behaviour. It tracks customer data to offer best practices while sending recommendations and relevant, targeted content through digital advertisements in real time. Organizations employ personalization platforms to create customer profiles based on their predicted intent and behaviour to deploy tailored customer engagement through context-based offers, customized website content, personalized buying options, relevant push notifications and emails, and product recommendations.
The personalization platform provides greater integration across customer touchpoints to enhance the synchronization of customer experiences throughout the customer journey. It leverages AI and automation to optimize digital engagement and satisfy the changing needs of each individual customer. The COVID-19 pandemic has accelerated the need for organizations to quickly adapt digital buying experiences with customer behaviour tracking and real-time customer engagement strategies. Implementing personalization strategies from a marketing and digital commerce perspective puts heavy stress on organizations for learning new skills and implementing customer data-intensive solutions. The personalization platform offers easy-to-use self-serving solutions that predict a higher ROI and enhance customer interaction across multiple touchpoints.
Personalization platform enables organizations to optimize customer engagement and assist marketing initiatives centered on delivering a contextual experience for each individual customer. It leverages customer data such as previous interaction, intent, and buying behavior to customize messaging across all customer touchpoints. The personalization platform helps identify and deliver relevant content to enhance customer satisfaction through the entire customer journey.