Wednesday Wisdom: 4 Things Entrepreneurs Must Know About Customers Stay tuned to get every day updates in 60 seconds

By Bhavya Kaushal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

The famous German saying Der Kunde ist Konig which means the customer is always right has ruled the business world since times immemorial. Here are 4 things you must know as an entrepreneur about what customers are looking for:

The Millennials Way of thinking

As an entrepreneur, you must know who your customers are. Millennials, nowadays are different and always on the lookout for high quality lifestyle.

Trust

Once you have a customer, what will you do to make them stay? This is a question entrepreneurs must have ask themselves and strategize accordingly.

Customer Purchase

Customer purchase is based on reputation. Focus on a building a brand or product that has a sound reputation in the market.

Technology to the Rescue

Technology can help you to track customer behavior, purchasing trends, logistics etc. that can enhance the overall experience of the consumer and make it a satisfactory one.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I was Entrepreneur India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 
Living

The 3 Lifestyle Habits That Made Me Sharper, Stronger and More Successful

These three simple yet powerful lifestyle changes transformed my productivity, energy and mindset. Here's how you can do the same.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

Kolkata-Based Lab-Grown Diamond Brand Jewelbox Secures USD 3.2 Mn

The startup will primarily use the funds to expand its retail footprint, growing from eight stores to 30 locations by the end of this year.

Side Hustle

This Couple Started a Side Hustle to Improve a 'Terribly Made' Bathroom Essential. Now the Business Earns More Than $3 Million a Year.

Michael Fine and Lisa Schulner-Fine launched lifestyle brand Quiet Town in 2016 and have been growing it ever since.

Science & Technology

The Deepfake Threat is Real. Here Are 3 Ways to Protect Your Business

The rising use of deepfakes is a growing threat to businesses and society as technology advances. Here are three tips for companies to combat this threat.

News and Trends

ITC to Acquire Mother Sparsh in Next 2-3 years, Increases its Stake to 49% by Additional Investment of INR 81 Cr.

ITC first invested in Mother Sparsh in 2021 as part of its strategy to expand in the natural personal care and digital-first brand segment