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Question added by Deleted user
1 year ago

Let's bring economics and marketing together, consumer index and marketing strategy go hand in hand? Please state your reasons.?‎

Certainly, economics and marketing are closely interconnected, and the consumer price index (CPI) can play a significant role in shaping marketing strategies. The consume‎ ... See More

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Nadjib RABAHI's image
Question added by Nadjib RABAHI Freelancer My own account
7 years ago
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Ahmed Mohamed Ayesh Sarkhi's image  
Answer added by  Ahmed Mohamed Ayesh Sarkhi, Shared Services Supervisor, Saudi Musheera Co. Ltd.
7 years ago

yes off course for ex. if u sold a expensive items so u should select the customer needed to can by ur items

Karym Bentebbal's image  
Answer added by  Karym Bentebbal, Open for an opportunity to bring onboard a wealth of experience and a positive attitude, Private Company
7 years ago

Not necessarily, though income is a criteria to segment your market. It depends on the type of product and if you charge a premium price. Income is relevant in industries ... See More

Niji Padma Gosh's image  
Answer added by  Niji Padma Gosh, Manager - Operations, Universal Mechanical Services
7 years ago

All customers are to be happy with your business or products. Hence my suggestion is to have different range of products which can satisfy different income group. The att ... See More

sachin mehta's image  
Answer added by  sachin mehta
7 years ago

It depends on our product/services, as we need to find whether customer can afford it or what kind of strategic we can opt in to make the customer feel, to use our produc ... See More

Gareth Jones's image  
Answer added by  Gareth Jones, Property Broker - Sales Manager, Aspen Woolf Real Estate MENA
7 years ago

As part of any qualification process, it is required at times to target your clients on income levels.  Are you going to try and sell a yacht to someone just leaving scho ... See More

Francis Jr Simbajon's image  
Answer added by  Francis Jr Simbajon, Associate Marketer, C-ONE TRADING CORPORATION
7 years ago

Agreed with the experts answers. It depends on the type of product/services and not just by evaluating or discriminating your customers economic status or maybe let the c ... See More

stanslaus musyoka's image  
Answer added by  stanslaus musyoka, Head Waiter/ Supervisor, pauls caffe
7 years ago

As long as the customers are able to pay their bill on time without delays or complains and according to agreement.i dont need to evaluate them.

Jawwad Rashid's image  
Answer added by  Jawwad Rashid, Sales & Marketing Director, Crystal Soft Solutions LLC
7 years ago

I find that a very important and core question for a business and yet a lot of Companies focus on customers with large income over customers with lower incomes , Yet it d ... See More