Because by being loyal to the brand that means that the customer (often also consumer) trusts it. Even if a price is raised most customers feel safe with a specific brand (depending on the product of course) and are reluctant to switch to alternatives (every customer has one) due to satisfaction of the current one (he will not be loyal if he isn't satisfied). But that does not mean that all loyal customers are not price sensitive. Some maybe loyal, but if the gap of the product price and their own identification of the product price is too wide then they will switch to their alternatives. Customer loyalty is a very fickle thing and no customer is loyal forever.
loyal customers are the one's who spend the most
creativity
skimming pricing is for new or innovative product, the price at the begining is high and customers are not price sensitive. penetration pricing set a low price at the begining to gain a mass market, and the price will rise later. The customers are price sensitive.
The purpose and value of identifying internal customer need and expectations is that the customer becomes a loyal customer and sales increase. They also will boost sales by making referrals to other customers by having pleasant experiences.
Customer satisfaction is a positive feeling of a customer toward their experience with your business. A satisfied one-time buyer will not only turn into a loyal customer but will most probably recommend your business to their family and friends and put in a good word of mouth which is essential to the success of any customer-driven business as it's considered a great marketing tool.
shy, loyal, sensitive, trustworthy
loyal customers are the one's who spend the most
Not being loyal to its customer
shy, loyal, sensitive, trustworthy
Loyal and good customer on all senses is the soul of any enterprise.
organized, busy, moody, sensitive, loyal, supportive
Most businesses should be customer-centered because it will help them attract loyal customers. With loyal customers, they can maximize their profits for their shareholders.
The customer is always right. customer service a loyal customer a regular customer a new customer a frequent customer a valued customor a customer appreciation sale a repeat customer
creativity
Say what?
cost price
Customer profit is in terms of quality & price