Many businesses have found that it is more cost effective to focus only on attracting new customers than working hard to keep the ones they already have.

Name: Many businesses have found that it is more cost effective to focus only on attracting new customers than working hard to keep the ones they already have.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Many businesses find it more cost-effective to retain existing customers, as acquiring new customers can be more expensive than maintaining relationships with current ones.

Many Businesses Have Found That It Is More Cost Effective