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The Customer Centricity Paradox: Why Retailers Struggle Despite Data Abundance

The Relevance Crisis in Retail CX

As an avid online shopper, you’ve likely experienced the frustration of receiving irrelevant product recommendations that completely miss the mark. And as if that weren’t enough, the barrage of misguided suggestions only intensifies after making a purchase. I recently purchased a new laptop and expected to receive recommendations for relevant accessories or complementary products. Instead,… Read More

Cognitive Bias in Data-Driven Decision-Making

Data Doesn’t Lie, But It Can be Misread

“The numbers don’t lie,” is an oft-repeated phrase to reiterate that any decision arrived on the basis of data cannot be biased. But is this assertion itself a product of bias? Let’s examine it a little closely. Below is a statement and two questions with options. Pick the option you think is the most probable… Read More