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Can you read your customeru2019s mind? If not, then you wonu2019t be able to arrive at that effective strategy for maximum revenue. This blog we discuss a few insights that will help you in understanding your customers in a better way, as elaborated by Near Buy co-founder and CEO, Ankur Warikoo. Check this blog for more understanding https://shyamfuturetech.wordpress.com/2019/06/01/3-key-insights-to-hit-the-bulls-eye-as-a-millennial-entrepreneur
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Key Insights to Hit the Bulls Eye As a Millennial Entrepreneur
Understanding customers is a critical and core business activity.
Key Factors For Perfect Customer Understanding Even after a lot of brainstorming, strategies turn out to be ineffective. Certain prejudices interfere with understanding Indian consumers.
Key Factors • Factor 1: Money and time Spend time looking for less costly deals. However, they are willing to pay more for better experiences. • Factor 2: Lack of trust They are skeptical about your intentions. So they might not respond well to a great offer.
Key Factors Factor 3: You are not a reflection of your customers You tend to assume that consumers will behave in a certain way, based on your own perspective, but they respond in other ways.
A better understanding of your customers and niche market, can assure you long-term gains.
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