Strategic Customer Identification Quiz
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Questions and Answers

According to the speaker, what defines a strategic customer?

  • Consistent buying, focus on value, support during shortages, delayed payments, profitability, and advocacy
  • Consistent buying, focus on value, support during shortages, timely payments, profitability, and advocacy (correct)
  • Consistent buying, focus on price, support during shortages, timely payments, profitability, and advocacy
  • Inconsistent buying, focus on value, support during shortages, timely payments, profitability, and advocacy

What does the speaker suggest companies should focus on fostering?

  • Focus on aggressive marketing
  • Focus on customer relationships only
  • Focus on product development
  • Focus on customer understanding and service (correct)

According to the speaker, what are some common non-measurable factors salespeople often focus on when defining strategic customers?

  • Timely payments and product line support
  • Personality and longevity with the company (correct)
  • Consistent buying and focus on value
  • Purchase history and industry advocacy

What does the speaker emphasize as important in how a company is presented to the industry by its customer?

<p>The value that the company adds to the customer's business (D)</p> Signup and view all the answers

What is a key factor in developing a long-term relationship with a strategic partner?

<p>Spending time with them and understanding their business (D)</p> Signup and view all the answers

How does the speaker suggest building trust with customers?

<p>Being honest and transparent (A)</p> Signup and view all the answers

What does the speaker recommend in order to achieve a high level of customer support?

<p>Being customer-centric and focusing on retention (D)</p> Signup and view all the answers

What does the speaker suggest regarding business reviews with customers?

<p>Performing seasonal business reviews quarterly (D)</p> Signup and view all the answers

What does the speaker recommend in terms of adding value to the customer's business?

<p>Continuously adding value and considering the social impact and sustainability (A)</p> Signup and view all the answers

What did the speaker mention as a way to add value to the relationship with a customer?

<p>Taking the customer to see how the product is grown (A)</p> Signup and view all the answers

What does the speaker believe is the most effective way to build a sustainable relationship with a customer?

<p>Continuously adding value and showing care for the customer's business (A)</p> Signup and view all the answers

What is the speaker's opinion on focusing solely on selling certain items to a customer?

<p>It is taking the relationship with the customer for granted (D)</p> Signup and view all the answers

What did the speaker mention as a key factor in developing trust with the customer?

<p>Being transparent and offering solutions to their problems (D)</p> Signup and view all the answers

What does the speaker recommend in terms of setting expectations for the customer?

<p>Setting the right expectations to the customer and internally to your folks (D)</p> Signup and view all the answers

What is the speaker's opinion on the importance of showing the value added through the entire distribution chain to the customer?

<p>It is important as it helps the customer understand the cost and value (C)</p> Signup and view all the answers

According to the speaker, what is the best approach to building a sustainable relationship with a customer?

<p>Continuously adding value and showing care for the customer's business (D)</p> Signup and view all the answers

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