Marketing
geographic
Identify and explain three reasons why customers would pay more for exclusivity.
By asking the customer that they want
To identify which customers hold the most influence in the market
To identify product need, consider asking questions such as: What specific problems are users facing that our product could solve? What features do customers wish they had in existing solutions? How do potential users currently address these challenges, and what are their pain points? Additionally, what feedback do they provide about current market offerings?
geographic
give some exemples segmentation categories that can be used to identify your customers
Scouting and screening refer to the processes used to identify and evaluate potential opportunities, typically in fields like sports, business, or investment. Scouting involves actively searching for talent or prospects, while screening assesses their suitability based on specific criteria. Together, these methods help organizations make informed decisions about recruitment, investment, or engagement with new opportunities.
Identify and explain three reasons why customers would pay more for exclusivity.
Beethoven Identify
The users of financial reports include present and potential investors, employees, lenders, suppliers and other trade creditors, customers, governments and their agencies and the public.
The duties of the loan department of a bank are: a. Receive loan applications from customers b. Process and evaluate loan applications c. Approve/Reject loans d. Plan monthly repayments for loans and intimate the customers e. Receive monthly loan repayments and consolidate them f. Identify potential loan customers and service them
it is used to identify customers strengths and weaknesses
customers who wish to purchase from companies they identify as having a social and environmental conscience.
To identify a business opportunity, start by analyzing market trends and consumer needs through research and observation. Look for gaps in the market where existing products or services fall short or where emerging trends indicate potential demand. Engage with potential customers to gather feedback and validate your ideas. Additionally, consider your own skills and resources to ensure alignment with the opportunity you pursue.
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By asking the customer that they want