What does customer base mean?
Definitions for customer base
cus·tomer base
This dictionary definitions page includes all the possible meanings, example usage and translations of the word customer base.
Wikipedia
Customer base
The customer base is a group of customers who repeatedly purchase the goods or services of a business. These customers are a main source of revenue for a company. The customer base may be considered a business's target market, where customer behaviors are well understood through market research or past experience. Relying on a customer base can make growth and innovation difficult.Companies with a customer base consisting mainly of large companies may increase their customer base by pursuing small and mid-size companies.
Wikidata
Customer base
The customer base is the group of customers and/or consumers that a business serves. In the most situations, a large part of this group is made up of repeat customers with a high ratio of purchase over time. These customers are the main source of consumer spending. In many cases, the customer base is considered the business's target market, where customer behaviors are well understood through market research or past experience. All actions the company takes would be through consideration of its customer base. Companies with a customer base consisting mainly of large companies may increase their customer base by pursuing small and mid-size companies.
Numerology
Chaldean Numerology
The numerical value of customer base in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of customer base in Pythagorean Numerology is: 6
Examples of customer base in a Sentence
Payment processing is such an important part of the business, you're going to go with the provider that has the technology and the customer base and is investing.
American automakers began catering to a segment of their customer base that was rapidly growing — younger drivers.
Reynolds' brands are popular among people in their 20s and 30s and that's the segment Japan Tobacco does not have much of a customer base in, so in that sense there will be synergy. But I don't think it justifies the price.
I remember very well waking up very early on Saturday morning after the Friday accident and wondering what would happen to this customer base.
We will perform on the competitive level, but we will try to make these cars available for the wider customer base.
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"customer base." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/customer+base>.
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