What is a major customer?

Major Customer means any customer of the Company who has maintained an average deposit balance of at least $100,000 during the last six months of the Term or who has maintained or obtained a credit facility of at least $100,000 from the Company during the last six months of the Term.
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What does top customer mean?

Top Customer means the ten largest customers of the Company and its Subsidiaries, taken as a whole, measured by total revenue during the 12-month period ended March 31, 2013. Sample 2.
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What is an example of a customer?

The definition of a customer is a person who buys products or services from a store, restaurant or other retail seller. An example of a customer is someone who goes to an electronics store and buys a TV.
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Who is considered the customer?

A customer is an individual or business that purchases another company's goods or services. Customers are important because they drive revenues; without them, businesses cannot continue to exist.
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What are the 4 types of customers?

The four primary customer types are:
  • Price buyers. These customers want to buy products and services only at the lowest possible price. ...
  • Relationship buyers. ...
  • Value buyers. ...
  • Poker player buyers.
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Customer experience transformation - Three major components



What are the two types of customer?

What are the Different Types of Customers?
  • Loyal customers: Customers that make up a minority of the customer base but generate a large portion of sales.
  • Impulse customers: Customers that do not have a specific product in mind and purchase goods when it seems good at the time.
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What are the 3 types of customers?

The Three Customer Types
  • The decisive customer. This customer type has decided to proceed through the decision making process quickly in order to complete the purchase. ...
  • The learning customer. The learning customer type starts out with no knowledge at all of the product. ...
  • The impulsive customer.
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What are the 5 types of customers?

5 types of customers
  • New customers.
  • Impulse customers.
  • Angry customers.
  • Insistent customers.
  • Loyal customers.
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What are the 7 types of customers?

Each one has unique traits, but it is important to note that your customers can be a combination of these seven types of customers.
  • Loyal customer. This is your most important customer. ...
  • Need-based customer. ...
  • Impulsive customer. ...
  • New customer. ...
  • Potential customer. ...
  • Discount customer. ...
  • Wandering customers.
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What is the category of customer?

A customer category is simply a grouping of segments. For instance, there are 3 types of prospect, each of those types of prospect is considered a segment, but the overall theme is "New person on the list" - this is a customer category.
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How do you identify a top customer?

To identify who those customers are, you need to evaluate their value in seven key areas:
  1. Sales minus cost. Most companies rank customers' importance by the amount of sales they do with their company. ...
  2. Revenue timing. ...
  3. Referrals and buzz. ...
  4. Retention. ...
  5. Add-on products or services. ...
  6. The customer's brand. ...
  7. Feedback.
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What are the 10 types of customers?

The 10 types of customers
  • Disinterested. They don't want what you are providing. ...
  • Detached. You won these customers, but they lack loyalty. ...
  • Delighted. ...
  • Devoted. ...
  • Disappointed. ...
  • Disaffected. ...
  • Dormant. ...
  • Draining.
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What are the 6 different types of customers?

6 Customer Types and How to Help Sell Them
  • The Cheapskates. Some people are thrifty by choice, while others shop for bargains by necessity. ...
  • The Quality Hunters. ...
  • The Brand Loyalists. ...
  • The Jaded Shoppers. ...
  • The Wishy-Washy Crowds. ...
  • The Shy Guys.
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Which of the following is a major category of customers in business marketing?

The business market consists of four major categories of customers: producers, resellers, governments, and institutions.
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Which is best type of customer?

Loyal Customers. Some are your best customers. They come back often and love shopping with you.
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How do you identify your customers?

  1. Look At Your Current Client Base.
  2. Consider Their Current Habits.
  3. Identify Their Goals.
  4. Identify Their Fears.
  5. Identify How They Make Their Buying Decisions.
  6. Ask Yourself Who Would You Like To Work With.
  7. What Do They Need.
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What are the different types of consumer?

Following are the most common five types of consumers in marketing.
  • Loyal Customers. Loyal customers make up the bedrock of any business. ...
  • Impulse Shoppers. Impulse shoppers are those simply browsing products and services with no specific purchasing goal in place. ...
  • Bargain Hunters. ...
  • Wandering Consumers. ...
  • Need-Based Customers.
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What are the types of clients?

17 types of clients and how to work with them
  • Uncertain clients. Some clients may not know exactly what they want from your business. ...
  • Urgent clients. ...
  • Unresponsive clients. ...
  • Unrealistic clients. ...
  • Empathetic clients. ...
  • Clients concerned with costs. ...
  • Clients who monitor your work closely. ...
  • Clients who request changes after delivery.
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Who is potential customer?

A company's potential customer is usually referred to as a prospect . It is a person who has the potential to be interested in the services and products that are offered by the company but has not yet purchased.
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Who is an internal customer?

The external customer is the person who purchases the goods or services, while the internal customer is anyone within an organization who at any time is dependent on anyone else within the organization.
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How do you classify potential customers?

Segmenting your customers is the first step in identifying and understanding your potential customer base.
...
Through this method, potential customers are segmented by criteria such as:
  1. Age.
  2. Gender.
  3. Education.
  4. Occupation.
  5. Marital status.
  6. Income level.
  7. Family size.
  8. Religion.
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What is an external customer?

To be clear, an external customer is a person who is not directly connected to your organization other than by purchasing your product or service.
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What are the different types of difficult customer?

5 Types of Difficult Customers (and How to Handle Them...
  • The Demanding/ Bully/ Aggressive Customer. ...
  • The Complainer. ...
  • The Confused/ Indecisive Customer. ...
  • The Impatient Customer. ...
  • The Know-it-all Customer.
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What is a loyal customer?

Loyal customers are the ones who will purchase the same brand regardless of convenience or price. These loyal customers have found a product that meets their needs, and they're not interested in experimenting with another brand.
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Who are your best customers?

“Best customers” are typically defined as the most profitable customers or the ones that spend the most money with your organization. To obtain the most accurate picture of customer lifetime value, we rely on recency, frequency and monetary value (RFM) analysis.
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