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Business Solutions > Business insights > Successful business principles > Understand what drives a customer

5. Understand what drives a customer

There is a reason why someone chooses to buy from you and not a competitor.

Knowing your customer, the reasons they purchase from you and understanding consumer trends and insights allows you to plan for the future. It helps you project future earnings and plan for what your business will need to not only survive, but prosper - regardless of the economic environment.

It's our experience that businesses that focus on understanding why their customers choose them, don't get caught out when those consumer needs change.

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Download 7 principles factsheet (PDF, 275KB)

NAB's 7 principles for a successful busines