BrandRank.AI reposted this
Our "Answer Economy" thesis is gaining momentum, and this outstanding piece by my former Harvard Business School professor, John Sviokla (now GAI Insights co-founder), highlights its significance. Drawing on BrandRank.AI research, he notes: "We are moving from the question economy to the answer economy—where businesses must understand not only what their products offer but also how #AI models perceive, rank, and recommend them." After staffing our booth at the National Retail Federation the last few days, there's no question brands are now waking up to this reality. (Some are in a panic!) For brands mapping out 2025 AI strategy, I'll repeat my advice: EMBRACE THE BORING BASICS -- site search (that actually works), FAQ, easy product instructions. Do this and LLM "Answer Engines" will generously reward you. Read the John's full article below. You can also learn more on our BrandRank.AI site or by subscribing to my Substack newsletter at TheAnswerEconomy.Com
Pete Blackshaw thanks for the idea of the answer economy. Today I did a Forbes article on 3 Actions firms should take to prepare for the answer economy: 1. See how your products and services show up in the LLMs, 2. Ask the models what they think your customer trends are, and 3. See how your firm shows up to the talent market. https://lnkd.in/g_y9HNqj John MaxwellMichael DavisIngrid LindbergMohamed KandeScott KirsnerBeth MaerzJeffrey F RayportAmaresh TripathyVenkat VenkatramanMiles EversonToby Eduardo RedshawEllen LevyTyson Cornell