Customer Needs

Cards (10)

  • Why is it important to have a wide range of choices for customers?
    Not everyone is the same and wants the same thing
  • How does the analogy of an ice cream shop illustrate the need for variety in choices?
    It shows that limited options can be unappealing
  • What is a key consideration regarding pricing for customers?
    Prices should be fair and profitable
  • Why is it important to set a price that is not too low?
    To ensure the business can make a profit
  • What do customers expect in terms of quality and price?
    Good quality for a reasonable price
  • How does Primark's pricing and quality compare?
    Low price but low quality
  • What is the relationship between convenience and pricing?
    Convenience can justify higher prices
  • Why is identifying customer needs crucial for a business?
    It helps provide goods customers want
  • How does understanding customer needs affect business survival?
    It increases chances of successful products
  • What are the main customer needs identified in the study material?
    • Choice
    • Quality
    • Price
    • Convenience