Sentences with phrase «know your customers or»

Problem is, «they» don't know your customers or clients.

It's the difference between knowing your customer or simply taking a wild guess.

It's an odd story in a way but it reinforces the idea that one of the key weapons in the future of the industry is knowing the customer OR having access to them directly.

Know your customer or commonly known K.Y.C is an important procedure which the bank inculcates for smooth functionalities.

With e-Insurance, policy holders will no longer need to submit Know Your Customer or KYC details every time they purchase a new policy.

SelfKey was built with the assistance of Standard Chartered Bank and has facilitated know your customer or «KYC» for multipole token sales such.

In the United States, this requirement is called Know Your Customer or KYC.

How well do you know your customer or your client?

Not exact matches

Without my directly saying yes or no, I've thus bounced the question back to the customer (s), forcing them to consider what they're asking and to give them a chance to point out something that could be of value to me.

The only ding against Zoom is that your clients, investors, or customers might not already use it or know about.

It is possible that the situation could deteriorate to the point where Theranos's partners and customers no longer have faith in the company, or, even worse, that the FDA issues a warning letter to the company.

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.

«Usually customers want some more convenience,» says Felstiner, going on to list features that are common to many on - demand companies: «The customer may want access to other people's reviews of the [worker], they may want some guarantee of competence, or they want to know the person will arrive in 30 minutes, and then the service accepts payment on behalf of the person and takes a cut.»

No matter how good your presentation or how high the level of trust and credibility that exists between you and your customer, there's always a moment of stress or tension at the making of a buying decision.

But before you can «close» or finalize the relationship, you have to know what you want your customer to do.

You never know when you are going to come face to face with a client or potential customer.

Customers want to know how your product or service is going to make sense for them, and the easiest way to do this is to inject their needs into your brand's story.

They know that companies are increasingly turning to customization in order to increase customer satisfaction, and they're not afraid to let sales or support staff know that the product could be improved for them in some way.

If your business is involved in hosting or participating in an upcoming event or seminar, use your newsletter to let customers know the details in advance.

Delorme says she and Wieber quickly realized the problem — that potential customers didn't know or trust the company.

Think about online accounting software Freshbooks, major appliance company General Electric or toilet paper company Charmin — they know their customers and how to sell to them.

If a customer does not know that he or she must be home to collect a package, for example, the individual is just as likely to blame your business as he or she is to blame FedEx, UPS or USPS.

If you sell a staple good, like milk or bread or diapers, you «know» your potential customer will be motivated to pull their purchase trigger often, maybe once a week, and usually in a convenient location that fits into their daily routine.

Now that the customer can swipe and have options such as «Yes,» «No» or «Remind Me Later» appear, you can create a campaign to generate data on your customers interaction with the push notifications.

If your audience or customers know that they can count on you, they will be more inclined to come back and to tell others about their positive experience.

A follow - up call or visit will set things right and ensure your customer or client knows they are valuable.

A slew of platforms exist that can help you let customers know when you're offering promotions as well as a window into your company's calendar of availability or events.

In a connected age, where you can connect directly with any person, customers want to know who is behind each brand, what shape is the main architect of that service or product you find it so useful.

When a customer spends time giving you a suggestion, whether it is in person or online, send them a thank - you note to let them know you appreciate them.

Update the home page of your company's website to let customers know if your ordering, shipping or inventory is affected, and if or when you expect to be open for business, also consider sending a message of well wishes and concern with a status update on your company's Facebook or Twitter pages.

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.

«Whether [the customer is] in Cornerbrook or Burnaby, they know the way,» he says.

«Emily knew nothing about supply chain or customer experience or building a team,» she says.

Furthermore, the «Jobsian notion» of telling the customer what he or she needs (because he or she doesn't know what he or she needs) may be passà © and likely worth rethinking.

You never know when a good customer will become a bad one or vice versa, he adds.

Smaller businesses have an advantage of actually knowing their customers much better or, in most cases, knowing them personally.

To do this, the accompanying action should be something small, like inquiring whether or not the customer needs assistance — which lets the customer know that the brand is present and available to assist as needed.

Traditionally content providers such as Netflix or Yahoo have connected to broadband providers through intermediate networks, known as content delivery networks (CDNs), which transmit information in large, undifferentiated bundles to Internet service providers (ISPs), such as Verizon, who then funnel it to end customers.

Brands know they have to leverage social media but that media still has to give customers something they care about — whether it's information or entertainment.

Consistently making every attempt to understand the behavior of associates, customers, friends and family rather than automatically assuming that you know what happened or what someone else is thinking will yield significant and enduring rewards.

Customers are either savvy enough to see through the marketing — or lack the experience to know any different.

«We're pretty blunt about telling new customers that until we get to know them better, we insist on payment in advance — for which we give them a 2 % price discount — or payment through a confirmed, irrevocable letter of credit,» says John Kirchgeorg, the owner of Life Corp., a manufacturer of emergency oxygen units in Milwaukee.

Ideally, you or your staff is in constant touch with your customers so you know exactly how happy or unhappy they are and exactly what would make them happier.

The entrepreneurs I know who've succeeded usually took a skill they learned or knowledge they gained during their career and applied it to a problem they had experience with, with the full understanding that success requires paying customers.

Tip: Share (or Buffer) your new Facebook group to your personal social media accounts and your Facebook Page, so that your close friends and customers know about your new community.

Not knowing key customer or audience hot points or critical points of interest can derail even a well thought out presentation.

To give customers a stronger sense of security use a well - known trustmark, such as McAfee SECURE, Better Business Bureau or Chamber of Commerce.

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.

Or focus on improving the products that they already know their customers want?