9. Fader, Customer Centricity (2010)

Customer centricity is not serving every customer’s whim, but serving the best (i.e., most profitable) customers at every opportunity. This refinement is also an advantage over most product-driven businesses. The goal of data mining (as sometimes encapsulated in CRM) is to identify real, quantifiable differences in customers, in order to focus marketing so as to obtain more prime customers and also to know how much to spend on them.