Customer Needs and Expectations (VCE SSCE Business Management): Flashcards

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Customer Needs and Expectations
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Customer

Someone who purchases goods or services from a business

Consumer

Person or group who uses a product or service

Customer needs

Essential requirements, not just desirable wants

Customer expectations

Value customers believe they'll receive from a purchase

Two customer relationship philosophies

Customer comes first; customer is always right

Customer relationship marketing focus

Developing & maintaining positive long-term relationships

Value and quality expectation

Quality goods at attractive prices; value for money

Australian origin labelling start date

1 July 2018

Health-conscious food preferences

Low-fat, reduced salt, low-sugar, no additives/preservatives

Bendigo Bank ranking in Australia

Fifth-largest bank

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