To succeed, companies must focus on managing loyalty among carefully chosen customers and stakeholders because:
A) it is easy to lure satisfied customers away from competitors.
B) 90 percent of a manufacturer's profit comes from trial or sporadic purchasers.
C) offensive marketing typically costs less than defensive marketing.
D) no amount of advertising can win back a customer lost from shoddy products or poor service.
E) reducing customer defections by 25-85 percent can improve profit potential by about 5 percent.
Correct Answer:
Verified
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