Many firms are beginning to fire their low-value customers and are focusing their time on their high-value customers.

Name: Many firms are beginning to fire their low-value customers and are focusing their time on their high-value customers.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

This is true. Many firms are utilizing customer segmentation strategies to identify and prioritize their high-value customers, and may choose to redirect their resources away from low-value customers in order to maximize profitability and efficiency.

Many Firms Are Beginning to Fire Their Low-Value Customers and Are