Customer needs: Business: Pearson (Edexcel): GCSE (9:1)

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15 Terms

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Customer service

The actions of a business that aim to meet the customers needs a fully as possible

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Customer expectations

What the pre-existing knowledge and experience the customer has about the business and its products

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Positive customer engagement

When customers have a good experience of interacting with a business, its products and services

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Closing

Finalising a sale, getting the customer to agree to buy

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Post-sales service

After-sales help, advice and support for the customer

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Benefits of good customer service

Defines the brand image, increases competitiveness, encourages repeat business

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Risks of bad customer service

Loss of sales, market share, increased costs and poor reputation

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Customer feedback

Asking the customers about their experience of the product and the interaction with the business

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Customer loyalty

When customers return to buy products and services from the same business

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Point-of-sale

The place and time that a transaction is made between the customer and the business

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Premises

The building or physical space where a business operates, shops, factories and offices

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Word-of-mouth

Customers talking about their experience of service and influencing others

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Product knowledge

Staff knowing the features and benefits of the product or service being sold

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Customer satisfaction

How far the needs and expectations of customers are being met

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Data analysis

Collecting and understanding information about the business operations so informed decisions can be made