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Repeat purchases are important because advertising is very expensive. If a business came maintain enough customers through repeat purchases to remain profitable it will avoid huge costs that would have been incurred if further advertising had been necessary to attract new customers. Also a developing brand loyalty of customers not only brings the immediate cost of the product purchased to the business, but also the revenue from future sales made by the customer.
What else can I help you with?
Why is trust important in a business?
Trust is important for a business. The reason for this is if you gain trust then there will be more customer satisfaction which, means they will recommend the business to other people. Also, this would make them come for a repeat purchase and they would also trust their purchase. Therefore, it is essential to gain trust.
What if your repeat customers have made it clear that quality is more important than price this reflects your target markets?
demographics
What are Important elements of lead time of a purchase order?
Plan material and capacity -->Purchase Materials --> Set up Production --> Production --> Deliver.
Why business ethics is so important?
Business ethics are important because managers want customers to purchase their products. When customers think businesses aren't ethical, they tend to avoid purchasing from them.
Why is money important to a business?
a) Payment of dividends to shareholders. b) To pay off liabilities. c) Purchase of additional assets. By Holy Kofi Ahiabu.
Why is it important to repeat several times?
why is it important to repeat an investigation several times?
Why is trust important in a business?
Trust is important for a business. The reason for this is if you gain trust then there will be more customer satisfaction which, means they will recommend the business to other people. Also, this would make them come for a repeat purchase and they would also trust their purchase. Therefore, it is essential to gain trust.
What is repeat sales?
Purchase of a product by a consumer to replace a prior purchase that has been consumed; also called replacement sale.
What is important to share about he Vietnam war?
Not to repeat mistakes.
Why is the history important for us today?
so we are not doomed to repeat it
Is the Eiffel Tower an important building?
yes i repeat yes
Why purchase specifications are important to a establishments operation?
purchase specifications are important to a food establishment's operation
What does repeat purchase mean?
Purchasing the same item again or sometimes shopping at the same place again.
Why is it important for experiments to be repeated?
It's important to repeat experiments so then you know that you did the experiment right.
Why are purchase specification important to a food establishment operation?
purchase specifications are important to a food establishment's operation
Who are the important people of Louisiana purchase?
some of the most important people from Lousisiana Purchase was Napolieon and Thomas Jefferson. they did a lot during the Louisiana Purchase
Why is it important for scientist to communicate about their work?
So other scientists can repeat them
