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