Examlex
Order takers should work on improving the whole relationship with the customer, not just on completing a single transaction.
Segmentation Analysis
The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors.
Marketing Concept
A business philosophy suggesting that success is achieved by focusing on the needs and wants of target markets.
Response Time
The duration it takes for a system or service to react to a specific request.
Lifetime Value
The total net profit a company expects to earn from a customer over the duration of their relationship.
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