The most significant impact of satisfying and retaining customers is ________.
A) that a business can redirect marketing efforts to better serve dissatisfied customers
B) that a business can redirect marketing efforts to attaining new customers
C) that a desired increase in the level of profitability requires an increase in sales volume of only half as much
D) that a business can eliminate the need for advertising
E) that it can result in tremendous financial leverage
Correct Answer:
Verified
Q19: The life expectancy of a customer decreases
Q20: Captive customers are a drain on a
Q21: What is the main reason that a
Q22: A business determines that 75% of its
Q23: Which of the following statements is true
Q25: What type of customers are most likely
Q26: To estimate the lifetime value of a
Q27: To create an overall customer satisfaction index
Q28: What change in customer retention results from
Q29: What is the customer retention for a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents