Why customer knowledge matters
Why customer knowledge matters
Customers judge a business using price, quality, choice and convenience. Understanding customers means knowing which of these matters most to the particular people the business is trying to sell to.
Step-by-step lessons on Edexcel GCSE Business 1.2.1b Importance of understanding customers. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.