Client: A company or a person can be called a client as they receive professional services in exchange for money. Customer: A customer is someone who consumes the services as well as goods buying it from the shops.
Moving further we would find some differences between client and customer with the help of the following table:
These are some questions that can be raised in your mind related to the above topic:
What is the difference between client and customer in Banking?
Ans: In the banking sector banks are clients because they use professional services like accountants, Advocates, etc whereas account holders are the customers of that bank as they are getting banking services.
What is the difference between client and customer in Real estate?
Ans: In Real estate, it depends on the type of brokerage agreement. If a person enters into a representation agreement then this will be called a client, But if a person enters into a customer service agreement then that person shall be called a customer.
What is the difference between client and customer in Software as a Service (SaaS)?
Ans: Anyone who pays money to buys a subscription for your product is a customer, who will stay for a short term with a business. But a client is a loyal customer for your business who will stay with you for a longer period.
What is a client in Business?
Ans: In the context of Business clients are the recipient of professional advice, or services and pay for that. It may be a company, organization, or a firm establishing long- term relationship with the business.