Which of the following is a promotion designed specifically to increase customer retention?

Question

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A loyalty program is a promotion designed specifically to increase customer retention by offering rewards and incentives to loyal customers. This encourages them to keep returning to the business and also promotes positive word-of-mouth advertising. Event marketing, sampling, rebates, and sweepstakes can all be used to attract new customers, but they may not necessarily focus on retaining existing customers.

Which of the Following Is a Promotion Designed Specifically to Increase