Sentences with phrase «know their customer base»

and co-owner: «My grandfather always said, «don't worry about the So what is it about Sendik's Fine Foods that its loyal competition, just do what you know customer base knows and expects?

One Mobile Ring believes HTC knows their customer base pretty well by now, where we are sure this will succeed.

The first step to putting together a solid treats assortment is really getting to know the customer base.

Because dog beds can be pricy and space limited, retailers should be choosy about what beds they sell and know their customer base, Williams says.

Not exact matches

Maintaining an existing customer base is easier — and cheaper — than trying to replace lost customers, so it's worth investing in a thorough marketing mail strategy that lets your most valued customers know how important they are to you.

Using this methodology, you iterate based on customer feedback at each step of the way, so that you know you're building a product, or delivering a service, that customers want and will pay for.

It's no longer about pushing out a product or a service based on operational needs, but rather engaging with the customer on every channel at as many points along the path as possible.»

If you're thinking about expanding to a new location or demographic, make sure you've thoroughly studied that market and know that you have the customer base in place before proceeding.

For any e-retailer, the long - term growth objective has to be to gain and maintain a loyal base of high - value customers — a scarce commodity, no matter how compelling the brand.

By getting to know their customers, effective email marketers can leverage their existing customer base to hone and develop more effective strategies and ultimately grow their business.

Most people are wary of change, and know that new technologies take time to learn and stabilize, so customers prefer solutions based on tried - and - tested proven technologies.

Esber, it turns out, knew its own customer base well enough that it succeeded in establishing a beach head for Flying Monkeys in the U.S..

In fact, you'll be surprised to know that some of the most effective and reliable forms of advertising can be completed on a shoestring budget or even for free, boosting business and reaching out to untapped resources and customer bases.

Moro explained that traditional banks and brokerage firms have been reluctant to act as custodians because of know - your - customer laws, and because any such firms that carry bitcoin must back it with dollar - based reserves at a one - to - one level — a formula that ties up capital, and is an unattractive proposition for the likes of Goldman Sachs or JPMorgan.

NPS is «perhaps the best - known customer - loyalty tool around today, based on the entirely sound principle that the more customer promotersyou have (i.e., customers who say on surveys that they're highly likely to refer you to a colleague or friend), the more likely you'll be to grow your business and outpace the competition,» writes customer - engagement expert Bill Lee for the HBR Blog Network.

Show that you know the online market, your demographic and your potential customer base.

The key is to create a proper mix of media based on how you've defined your brand, what you know about your customer, and what your budget will allow — and get them all to work together in a seamless experience.

Creating an offer that is both profitable and understandable to your customer base (no matter where they are in the decision - making process) is something that takes time, dedication, and a deeper understanding of the company - customer relationship, and how to grow it.

Retailers, for example, «can no longer just open new stores to drive growth,» says Tom Johnson, managing director of the Consumer Segment Customer Relationship Management Practice at BearingPoint Inc., the McLean, Va. - based consulting firm.

For brands that already have a built - in customer base, it's important to get to know them well.

When deciding whether to target customers on «interests» or «behaviors,» know that the latter is based on users that have taken actionable steps while interacting with the market you're targeting — which means they're much more likely to actively engage with your brand.

Last spring, when Mobil Corp. needed sophisticated advice about customer service, the oil giant, based in Fairfax, Va., knew exactly whom to ask: Maynard Forbes.

Finally, it might be the easiest to just ask your existing customer base a few questions to get to know them and their needs better.

«We knew we had an engaged customer base that was passionate about the product, and we wanted to tap into that,» says Lomit Patel, Roku's senior director of direct marketing.

«We knew we had an engaged customer base that was passionate about the product, and we wanted to tap into that,» Lomit Patel, Roku's senior director of direct marketing, told Inc.magazine recently.

They know when there's a lot of chatter about a topic that affects their business, and they aren't afraid to consider changes based on customer desires.

Companies should know how a customer requests support and offer the correct resources based on the customer's platform.

If you're selling an Internet - based service, knowing your customers» operating systems or connection speeds will reveal their intent for the product, give some context to you concerning their complaintn and strengthen the company - consumer relationship.

«I trust our ability to know what our customers want as we engage with them on a daily basis.

It is a well - known fact that succeeding in business means establishing trust with your customer base.

Samsung is commonly known as one of the world's biggest smartphone and TV producers, yet this aspect doesn't stop the South Korean giant from actively looking into blockchain technology, and how they can leverage it both for its inner operations and customer base.

[01:30] Introduction [02:30] Tony welcomes Alexandra [03:40] Launching in 2007 — it came from a place of passion [04:25] Establishing clear roles among founders [05:40] Flexing her multilingual skills in business [06:25] Adjusting how you speak to someone based on their objectives [08:10] The secret to Gilt's growth [09:20] Building a business that would thrive during winter [10:20] Finding the capital to purchase inventory [10:40] Moving from venture to private equity funding [11:20] It's all about smart money [11:40] The future of traditional retail [12:20] The subscription model [12:40] Catering to the time - starved customer [12:55] Bringing services into the home [13:10] Leaving Gilt to lead Glamsquad [16:10] Glamsquad started as an app [17:10] Vetting employees [18:10] Building trust with customers [19:00] Taking massive action — now [20:20] Launching the first sale on Gilt — without a return policy [21:30] Fitz [22:00] The average person wears only 20 % of their wardrobe [23:00] Taking the time to understand your customer [23:20] Challenges as a woman in business [24:40] Advice to a female entrepreneur that's just getting started [25:25] The importance of networking [25:50] Knowing the milestones to hit along the way

They launched in India a month ago, giving Amazon access to a potentially huge customer base; by the end of 2017, they're due to arrive in Japan, a country known for embracing new consumer technologies.

The safest way is expanding your current customer base as they are known to you and you know what products or services they use.

The answers to these questions are the psychographics of your customer base, and you need to know this information to truly understand who's buying what you're selling.

The secret to getting to know your prospective customers in sufficient detail is the buyer persona, which HubSpot defines as «a semi-fictional representation of your ideal customer based on market research and real data about your existing customers.»

Meanwhile Netflix secretly knows that the majority of Canadians don't own a base Internet package, they have a package 2 or 3 tiers up where customers have 5x to 20x more data allowance, which is enough for entire months of Netflix.

Let's be clear, VOW's (Virtual Organization Websites) are web - based prospecting tools that initially interact with consumers on the basis of those real estate consumers being treated as but Customer's in a No - Agency Relationship.

I know companies still use trade shows and it allows suppliers to expand their reach and customer base.

We know from various studies done in the social sciences in the past forty years, as well as from fifteen plus years of my being involved with personas, the trio of users / buyers / customers makes decisions based on much more than just content or information.

No matter what type of work your business involves, customers judge you based on what they see.

You can send emails to welcome new buyers to your site, follow - up with customers after their purchase, request product reviews, and let buyers know about relevant products they may be interested in based on their past purchasing behaviors.

Knowing who the decision makers and influencers are among your customer contacts will allow you to cover all the bases and build long lasting and productive relationships.

The cryptocurrency exchange Kraken has sent an email to customers saying it will no longer support Japanese yen funding accounts of Japan - based financial provider Sumitomo Mitsui Banking Corporation (SMBC).

What we do know today is that traditional methods of structured customer, buyer, and market research that are quantitative based can not address the social and cultural changes taking place in our business society.

After all, they can't afford to take advantage of customers who know them and their other customers on a first - name basis.

«By knowing our marketplace and understanding what our customers» needs are, we are able to find new things that could benefit our customer base, whether they are new menu items or ideas of how to improve their operations by getting more value from using a different product or using a similar product in a different way.»

«Burger King knows the young male is 30 percent of its customer base but accounts for 80 percent or more of its sales,» Lucas tells Food & Drink.

When a distributor like Connecticut - based Arista Industries can boast a history of more than 80 years of service, its customers know they can rely on it.

«Although we can not please every individual customer, knowing our client base and store demographics is very important to us,» she says.