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What is Infufficient dda inquiry activity?
Insufficient DDA (Direct Debit Authority) inquiry activity refers to a lack of adequate investigation or follow-up regarding direct debit transactions. This can occur when there are discrepancies, unauthorized debits, or customer complaints that are not thoroughly examined or resolved. Such insufficient inquiry can lead to financial discrepancies, customer dissatisfaction, and potential compliance issues for businesses. It underscores the importance of robust monitoring and responsive customer service in managing direct debit processes.
What is the product knowledge?
Product knowledge refers to the understanding and information about a specific product, including its features, benefits, uses, and potential drawbacks. It encompasses details about how the product functions, its target audience, and how it compares to competitors. This knowledge is crucial for sales teams, customer service representatives, and marketers to effectively communicate with customers and address their needs. A strong grasp of product knowledge can lead to improved customer satisfaction and increased sales.
What is normal potential and what is the difference between standard and normal potential?
Normal potential is the the potential at 273o K, standard potential is the potential at 298o K, 101325 Pa and concentrations in 1 M.
What are the two types of potential energy?
There is chemical potential energy, heat potential energy, elastic potential, and gravitational potential energy.
How is the rule of seven useful?
The rule of seven is a marketing principle suggesting that a potential customer needs to see or interact with a brand at least seven times before making a purchase decision. This concept emphasizes the importance of repeated exposure to build brand recognition and trust. By strategically engaging customers through various touchpoints, businesses can effectively increase their chances of conversion and foster customer loyalty. Overall, it highlights the significance of persistence in marketing efforts.
What is the difference between current customer and potential customer?
A current customer is someone who is your customer RIGHT now. A potential customer is someone who may become you customer in the future.
Why is advertising such a powerful tool?
Advertising introduce your products and services to the potential customer and help converting potential customer in real paying customer. It is getting more and more important in globalized economy and open market.
When a potential buyer approaches a seller to buy materials from a seller its called?
A potential buyer is a potential customer. With that said, every effort should be made to the potential seller to accommodate the customer.
What is the difference between prospect and customer?
Prospect - someone who might buy - a potential customer customer - someone who has made a purchase
What Potential purchaser of product is called?
client
How do you impress a potential customer?
buying capacity and their preference
What should entrepreneurs know about potential customer?
Their demands
What is the degree to which the product offers utility to a potential customer?
Relevence
Why primary market research?
Primary Market Research: In this research we can communicate with directly with customer and gathering information from the potential customer.
What is an up in the car business?
An "Up" is a potential customer, looking at a vehicle.
Why do sale people restate the customer objections?
Sales people and customer service reps use this tactic to show the customer that they understand their concerns. It is a method of calming down the upset customer, and defuse a potential problem.
Why has the internet become a powerful marketing tool?
It has a huge potential customer base.
