Pricing may lure a customer, but will not retain the customer in the long run because competitors can always duplicate pricing and discounts.

Name: Pricing may lure a customer, but will not retain the customer in the long run because competitors can always duplicate pricing and discounts.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Customers may initially be attracted by low prices, but long-term loyalty is often built on factors like product quality, customer service, and brand reputation, which are harder for competitors to replicate.

Pricing May Lure a Customer, but Will Not Retain the Customer