How Retailers Can Invest in Customers Above Themselves: A Conversation with MIT's Michael Schrage
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In a conversation with Sidecar, research fellow at the MIT Initiative on the Digital Economy Michael Schrage argues that investing in one's customers, and in turn creating better customers, is the key to groundbreaking retail innovation. The most successful companies today have embraced this paradigm shift by making their customers more valuable to their business, says Schrage. In this podcast, Schrage explains how retailers can emulate top companies like Netflix and actually create better customers.
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