Customer life expectancy increases ________ with customer retention.

Question

Quizplus · Accepted Answer

Customer life expectancy increases exponentially with customer retention. The longer a customer stays with a company, the more likely they are to continue doing business with them in the future. This leads to a compounding effect, where the longer a customer stays, the more valuable they become to the company. Thus, customer retention has a significant impact on the overall profitability and success of a business.

Customer Life Expectancy Increases ________ with Customer Retention