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what is difference between customer behaviour and consumer behaviour?
The customer has to follow the terms of doing business with the Bank while the consumer can demand what he wants either from the existing pool of products or from an access to somebody's pool at a price that the bank chooses. Since the later pays for his demand to be met, he would be exacting in nature. The customer can also demand better service but within the agreed boundaries and any new service he seeks, carries additional price. When such demand is made he would turn out to be another consumer. Many banks devised new products based on such demands either by a consumer or customer-turned-consumer.
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What is difference between customer and consumer give the examples?
The consumer is the one that uses the product while the customer is the one who buys it. a consumer maybe a customer and the customer maybe the the consumer. The difference is that, customer buys the product intended for giving it to someone else or for selling it.
What is the difference between consumer services and producer services?
Consumer Buying Behavior * Buying behavior of individuals and households that buy products for personal consumption
What is the difference between customer and consumer banking?
While consumer banking deals with the consuming public, a customer bank can also be one that specializes in business with the commercial industry.
What is the difference between customer and consumer in the airline industry?
In the airline industry the consumer is the one buying a passenger ticket, whereas the customer, besides often the consumer, can also be the one purchasing goods and services for the airline itself.
What is customer gap?
The Gap between Consumer Expectation and Management Perception. The knowledge gap is the difference between the customer's expectations of the service provided and the company's provision of the service.
What is the main differences between customer and consumer?
Customer is a buyer but may or may not be be the user or consumer.
What are the advantages of consumer behavior?
Understanding consumer behavior helps businesses tailor their products and marketing strategies to meet customer needs and preferences, leading to increased sales and customer loyalty. It allows companies to identify trends and anticipate changes in the market, enabling proactive decision-making. Additionally, analyzing consumer behavior can enhance customer experiences by providing insights into what drives purchasing decisions, ultimately fostering stronger relationships between brands and consumers.
Compare similarities and differences consumer buying and organizational customer buying?
The similarities between consumer buying and organizational customer buying is that both have the need to purchase. The difference lie in the quantity of purchases. Consumer buying entails retail, while organizational customer buying entails wholesale.
Explain the difference between share of customer and customer equity.?
Explain the difference between share of customer and customer equity
What is the difference between customer delight and customer service?
•difference between service and delight
What is the difference between total customer value and total customer cost?
The difference between total customer value and total customer cost is__________.
What is the Difference between sales letter and sales promotion letter?
In sales letter you urge consumer while in sales promotion letter you induce the customer.
