It's all about the customer experience!

In the age of the internet, instant communication, and social media, creating a great product is not enough anymore. Consumers have choice; they can support their local small business, a national or multinational retail chain, or shop online. A great product is a good start, but it might not get you very far. 

I think the shift from the 4 P's to the 4 C's is a great way to encouraged companies to consider the consumer throughout the product development process.  This consumer-centric focus should run from product conception to post-purchase experience, as the consumer's needs and wants are king! As a consumer, you can guy a great product and have a great retail experience, but if you cannot get your item fixed under warranty are you likely to purchase from that company again? Probably not. Are you likely to post on Facebook, tweet, and tell your friends about it? Probably!

The internet and social media are both a blessing and a curse to companies and the marketing industry. Approaching your product or service with a consumer-centric mindset should lead to success in this competitive world!

What do you think? Is consumer-centric really the way to go? Should companies be expected to forgo profits to provide better customer care?