Do you know, you can even zoom in at your customer base and see what their income, qualification, members in their family and so on.
this type of data analysis will help businesses to tap into new areas of opportunity and new products and services
Understanding your customer demographics can unlock so many growth opportunities and tailor your offerings effectively. Please share how to zoom in for the info
Business Key Strategies for Growth🚀
1. Customer Focus
- Prioritize customer satisfaction by delivering high-quality products and services.
- Understand customer needs and tailor your offerings
accordingly.
- Build trust through excellent servic
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Somraj
•
Finicate • 1y
Startup Blueprint - Day 02
Market Research and Analysis :
1.Customer Segmentation: Divide your potential customers into distinct groups based on demographics, behavior, or needs.
2.Market Size and Growth: Determine the size of your target market a
🤌✨
Embracing a growth mindset means seeing challenges as opportunities for growth and learning, rather than obstacles to be avoided.
It’s about believing in your ability to improve and develop through effort and perseverance, and understanding th
The 3 pronged approach
You - Raise your level of awareness, while cultivating a sense of self-worth.
Build a competitive individual who is gritty, bold and driven enough to achieve his goals.
World - Understand the hidden forces that shapes our wo
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Arin Agrawal
He who remains • 11m
How many of you know about (Churn Rate)
Churn rate, or customer attrition, measures the percentage of customers who stop using your product or service over a period. It's crucial for businesses, especially those with subscription models, as it direc
Key Takeaways from Skoda's Marketing :
"Value-for-Money Premium Brand"
1. Localise your offerings – Tailor products and services to meet the unique name and preferences of regional markets.
2. Leverage digital innovation – Adopt AR/VR and online bo
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8 replies
The unknown entrepreneur
I'm a Student who is... • 9m
Strategies for startups 📊
Leverage Cost-Effective Marketing: Utilize free or low-cost marketing tools, particularly social media, to build brand awareness without overspending.
Focus on Product-Market Fit: Ensure your product meets the needs of y
🚀 Unlock the secrets to VC funding with our in-depth exploration of the Startup Growth Matrix! In this video, we reveal how venture capitalists evaluate your startup's readiness for investment using a structured framework. Whether you're in the Idea
Data analysis for business:
Data analysis is a powerful tool that businesses can leverage to gain a competitive advantage. Here are some of the key ways it's useful:
Understanding Customers:Businesses can analyze data on sales, demographics, and cu
