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Understanding our customer motivations

New businesses must understand the motivations and needs of their customers. Chris Hope explains more in this video.

This video discusses the importance of understanding customer motivations for using a product or service. Customers have various reasons for choosing a particular business, which could range from fulfilling specific needs to seeking certain emotions or status. To comprehend customer motivations, businesses can conduct research, gather feedback, and use tools like customer personas and journey maps. Staying updated with customer needs is crucial to remain relevant and build a loyal customer base, as motivations can change over time.

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Innovation and Entrepreneurship for a New Business

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