Residential Customers vs Commercial Customers: What's the Difference?
Benefits of Targeting Residential Customers
There are several advantages of targeting residential customers.
- Residential customers make up a large market.
- They are generally more predictable in their behavior.
- They tend to be more loyal to brands they like.
Challenges of Targeting Commercial Customers
Targeting commercial customers can be more difficult, but it can also be more rewarding.
- Commercial customers are often more demanding.
- They can be more difficult to acquire.
- They can be more volatile in their spending.
Conclusion
Ultimately, the decision of whether to target residential or commercial customers depends on a number of factors, including the nature of your product or service, your marketing budget, and your risk tolerance.
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