One way to increase customer equity is to find cost-effective ways to add new customers for the firm's products.

Name: One way to increase customer equity is to find cost-effective ways to add new customers for the firm's products.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

By acquiring new customers, the firm's customer base grows, which can lead to increased revenue and customer equity. Finding cost-effective ways to add new customers is important to ensure that the acquisition costs do not outweigh the potential benefits.

One Way to Increase Customer Equity Is to Find Cost-Effective