Sentence examples for knowledge of their customer from inspiring English sources
Such relationships require deep knowledge of their customer base.
During partner meetings, when investors sit around that boardroom table listening to the pitch, they're just as interested in how the founder who's responsible about the business plan demonstrates the knowledge of their customer.
Bank employees used knowledge of their customers' transactions to themselves profit through related trades, this person said.
The mom-and-pop has to get the buy right, which implies actual knowledge of their customers' lives — something that seems lacking among the big retailers.
Such firms, observers note, have intimate knowledge of their customers and have earned their trust, leaving them much better placed to play the role of Big Mother.
Amazon and Google benefit from a US-wide data standard and have been able to collect data that gives them much broader knowledge of their customers' needs than most European companies, he said.
Small-business owners, with their intimate knowledge of their customers, actually are incredibly well-positioned to innovate.
According to a report by the Mercatus Center at George Mason University, community banks have first-hand knowledge of their customers that provides them useful information for sound lending decisions.
Retailers with limited budgets but deep knowledge of their existing customers might set up automatic e-mail alerts letting them know when their personal stock of certain items is running low.
Through external networking with larger companies, other SMEs, universities, and public or private research institutes, manufacturing SMEs can make use of these sources of external knowledge and technology for product innovation or can engage customers in the process of product innovation through the use of their customers' knowledge.
Traders sometimes buy or sell in advance of their customers, profiting from their knowledge of the way prices are likely to head once they execute their clients' orders.
