Customer Centricity in Marketing — Matt Edmundson // Aurion Digital

Matt Edmundson, Aurion Digital’s CEO, discusses the significance of understanding customer needs in marketing. Before launching a new product or service, we try to determine who will be purchasing it and how much they are willing to pay. Customers must occupy centerstage during product development. Today, Matt shares his philosophy on customer centricity and marketing.
About the speaker

Matt Edmundson

Aurion Digital

 - Aurion Digital

Matt is the CEO of Aurion Digital

Show Notes

  • 02:12
    Customer
    The concepts are essentially the same. In terms of price, quality, and service, businesses must choose two out of the three to do extremely well.
  • 06:57
    Modifying your company and target markets
    When a company defines their values, it is easier for them to identify customers whose values are aligned.
  • 09:28
    Adjusting marketing strategies to reach the right customers
    After identifying their needs, its about ensuring that your marketing is visible in places your target market frequents. Satisfied customers generally recommend products to their peers.

Quotes

  • "You can sell quality products and offer great customer service. But you're not going to be able to do that at a very cheap price and make a profit." -Matt Edmundson, CEO, Aurion Digital

  • "You can choose two things out of these three to accelerate in a business: price, service, and quality. I think it's very complex to try and be all three." -Matt Edmundson, CEO, Aurion Digital

  • "The first year we decided to focus on quality products and high customer service, our sales dipped. The following year, our sales increased by 25% and our customer retention had gone up." -Matt Edmundson, CEO, Aurion Digital

  • "In 2012, before affiliate marketing, our customers were telling the world about us. When we focused on customer service as a key marketing activity, the repeat purchase rate increased." -Matt Edmundson, CEO, Aurion Digital

  • "When we define our values as a company, we can find customers who match those brand values that we have." -Matt Edmundson, CEO, Aurion Digital

About the speaker

Matt Edmundson

Aurion Digital

 - Aurion Digital

Matt is the CEO of Aurion Digital

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