Fred Reichheld, a customer loyalty expert, has demonstrated that _______.
A) Investment in CRM yields more powerful long-term relationships
B) Long-term customers are more demanding and expect higher levels of service than new customers
C) Loyalty and profitability are not always linked
D) Loyal customers are significant contributors to revenue growth, profitability, and referrals
E) A and D
Correct Answer:
Verified
Q20: An employee who believes that he or
Q21: ROCI stands for _
A) Related Observable Customer
Q22: Key parts of the marketing plan that
Q24: To use CRM, companies are _.
A) Redesigning
Q26: For CRM to succeed, it must have
Q27: CRM is _.
A) A software system
B) A
Q28: The _ is the monetary number that
Q29: The ultimate goal of CRM is maximizing
Q30: Pedigree Puppy Club is a CRM program
Q83: Customer loyalty is defined as _.
A)Repeat purchases
B)The
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