3 Key Insights to Hit the Bulls Eye As a Millennial Entrepreneur

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3 Key Insights to Hit the Bulls Eye As a Millennial Entrepreneur

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Can you read your customer’s mind? If not, then you won’t 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 – PowerPoint PPT presentation

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Title: 3 Key Insights to Hit the Bulls Eye As a Millennial Entrepreneur


1
Key Insights to Hit the Bulls Eye As a Millennial
Entrepreneur
2
Understanding customers is a critical and core
business activity.
3
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.

4
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.

5
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.

6
  • A better understanding of your customers and
    niche market, can assure you long-term gains.

7
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