Wednesday Wisdom: 4 Things Entrepreneurs Must Know About Customers
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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.
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 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.
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