Which of the following is not a retention strategy?
A)Enacting a customer loyalty program
B)Giving discounts when customers buy in larger quantities
C)Getting customers to "trade up" to more expensive products in the product line
D)Developing new uses for a product
E)All of the above are retention strategies.

Question

Quizplus · Accepted Answer

All the options listed are indeed retention strategies. Customer loyalty programs, discounts for bulk purchases, encouraging customers to buy more expensive products, and developing new uses for a product are all tactics aimed at keeping customers engaged and continuing to purchase from a company.

Which of the Following Is Not a Retention Strategy