ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

PRICING STRATEGIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ideally, the customer would like to pay as little as possible.
A
TRUE
B
FALSE
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A buyer persona represents your ideal customers based on psychological factors and marketing data such as demographics, pain points, goals, and needs or motivators. Your ICP, on the other hand, isn’t just a target customer – it’s your perfect customer – the customer who gets the best value from your product or service.

Detailed explanation-2: -An ideal customer is someone who genuinely loves your business’ offerings. Beyond needing these offerings to fulfill a need, they often appreciate how your product or service makes their lives easier or benefits them in some other way.

Detailed explanation-3: -Look At Your Current Client Base. Rather than take a wild guess, take some time to work out the people you currently work with. Consider Their Current Habits. Identify Their Goals. Identify Their Fears. Identify How They Make Their Buying Decisions. Ask Yourself Who Would You Like To Work With. What Do They Need. 17-Apr-2020

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