Over the holiday I read an interesting article in the Harvard Business Review. In the article "Branding in the Digital Age: You're Spending Your Money in All the Wrong Places," David Edelman highlights some research conducted by one of his colleagues at McKinsey & Co. The thrust of the article centered on understanding the process customers use to engage with a brand. The term used to describe this process is "consumer decision journey." Edelman sets up the decision journey in opposition to the common funnel metaphor. I think he's wrong about that, but let's start by looking through the concepts and how they might apply to real estate. The funnel metaphor We'll start with the funnel metaphor. You're probably already familiar with it. The idea is that a c...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.