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Dr. Michael Solomon
Marketing Researcher, Consumer Behavior Specialist, Professor & Author
Michael R. Solomon is recognized for his extensive expertise in consumer behavior and has authored numerous books on the subject, including "Consumer Behavior: Buying, Having, and Being," the most widely used book globally on consumer behavior. His latest work, "The New Chameleons: How to Connect with Consumers Who Defy Categorization," won the NYC Big Book Award in the Marketing & Sales/PR category, affirming his pivotal role in understanding modern consumer dynamics.
As a key advisor to global clients across various industries, including apparel, financial services, and transportation, Solomon emphasizes the importance of consumer-centric marketing strategies to enhance corporate performance. His insights are regularly featured in major media outlets such as The New York Times, USA Today, Adweek, and Time. Additionally, he contributes to Forbes.com, where he discusses current trends in consumer behavior.
Holding the position of Professor of Marketing at the Haub School of Business at Saint Joseph’s University in Philadelphia, Solomon skillfully bridges academic theory with practical applications. His approach helps business leaders and managers deeply understand consumer needs and preferences, allowing for more targeted and effective marketing strategies. Solomon’s work is not only foundational in the academic study of marketing but also instrumental for practitioners seeking to adapt to the evolving market landscape.
Videos
Speech Topics
The Many Faces of Artificial Intelligence Persuasive Salesbots and Tomorrow’s Customer Experience The Face of AI THEN, The Face of AI NOW
Everyone is buzzing about Artificial Intelligence these days, as well as they should. Machines that “think” for us already are transforming how we work, play – and shop. McKinsey tells us that some 29 million U.S. homes used some form of smart technology last year, and that number grows by over 30 percent a year.
Many organizations now deploy robots, avatars and chatbots to perform tasks we used to ask flesh-and-blood people to do. This suddenly makes the age-old question of what makes us human much less theoretical.
Self-driving cars threaten to replace truck drivers. IBM’s Watson beats chess masters and veteran Jeopardy game show contestants. Movies and TV shows like Blade Runner, Westworld, and Humans that focus on the civil rights of synths, replicants and androids are center stage in popular culture. Alexa and Siri are our new guardian angels. Where does the person stop and the machine start?
Marketers need to grapple with this question, and soon. As customers increasingly interact with machines instead of people, there are huge ramifications for the way we think about sales interactions, communications strategies, product design and marketing channels.
Will consumers more readily accept a product recommendation from an AI agent if an attractive avatar delivers the message? Will customers become loyal to an intelligent agent, much as some do with their favorite salespeople now? Will shoppers prefer to see computer-generated models in advertising rather than real people?
Very soon, the rise of the machines will become the race of the machines. Don’t be left at the starting line. In this thought-provoking presentation we will ask:
How does the physical appearance of a robot or avatar sales advisor affect the likelihood that customers will trust and follow its’ recommendations about what to buy?
How will chatbots and affective computing (where software detects a consumer’s emotional state) impact sales interactions? As advertisers use machine learning to generate artificial images for their messages, how will AI influence ideals of beauty and the fashion industry?
What will be the impact of dating apps, sexbots and other smart devices on interpersonal relationships?
How will facial recognition and wearable computer technologies meld with AI to create “markets of one?”
Profit from Disruption Tear Down Marketing’s Old Walls to See the Future of Your Business
Fundamental categories that form the bedrock of marketing strategy and customer insights simply no longer exist. You need to understand the new landscape of consumer behavior so you don’t get left in the dust. In this program you will learn:
How you can reach today’s consumers, who plug into a “hive mind” that tells them what to buy.
Why the debate about “offline versus online” marketing strategies is useless
How to market with rather than market to your customers.
Why your customers rely upon your brands to tell them who they are.
How to develop new killer products and services by demolishing your industry’s walls.
Consumer Behavior in The New Normal Step on the G.A.S. (Gratification, Agency & Stability)
The Pandemic will change our world for years after the virus disappears. We’ll have to rethink and modify our purchase decisions, large and small. Some disruptions in consumer/marketer relationships that already were looming will come faster and more decisively. How do we define brand value? How should companies talk to customers? How do people function in an emerging gig economy where every encounter might be fatal? How do we redefine what it means to go to work or to socialize?
This means that the firm categories we love to use to understand our world – and our customers – are no longer valid. In particular, the traditional labels we use to segment consumers have stopped working. Today’s consumers are like chameleons, who change color constantly. They no longer sit passively in the tidy cages we put them in. The convenient dichotomies we rely upon, such as Male vs. Female, Young vs. Old, I vs. We, Consumer vs. Producer, Offline vs. Online, and many others, no longer mean very much.
In the New Normal, we’ll see these cages open even faster as people are exposed both to new possibilities and to new constraints on their daily lives. Many of us for example will rediscover the value of community, and others will rethink the value of commuting to work everyday. In this presentation, we’ll explore some of these comfortable cages, and show why marketers need to ignore them in order to prosper.
You’ll learn why you need to step on the GAS to modify your offerings in light of the new drivers of consumer behavior.
The virus poked the bear, and now marketers need to respond to life in The New Normal.
The changes that started well before the Pandemic reflect the transition in our society from a modernist to a postmodern culture. Postmodern consumers don’t always follow the rules that marketers decree. That’s because we don’t buy products because of what they do… we buy them because of what they mean. Today’s consumers define themselves by the brands they choose. Their idiosyncratic choices create a pastiche of meaning that gets updated 24/7. Marketers no longer drive the train, even though they can still ride it.
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