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Outline at lest three reasons why customer loyaltyis important?

Customer loyalty is crucial because it leads to repeat business, which is often more cost-effective than acquiring new customers. Loyal customers tend to spend more over time, increasing overall revenue. Additionally, they are more likely to refer others, serving as advocates for the brand and enhancing its reputation. Lastly, strong customer loyalty can provide a competitive advantage, allowing businesses to withstand market fluctuations more effectively.


What is the opportunity cost of acquiring new capital?

equals the interest


What is the difference between total customer value and total customer cost?

The difference between total customer value and total customer cost is__________.


How do you figure out number of servings per recipe?

Normally the mass of ingredients always indicates the number of serving per recipe. We should also know the amount of nutrients our body needed daily, eg: 200g of meat for an adult. Furthermore, most of the recipes are for four persons and normally the number of servings should be indicated in the recipe itself.


What was the cost of standing room at the Globe Theatre in elizabethan time?

It would cost a penny for the standing room at the Globe Theatre in Elizabethan time.


Are cost effective options for acquiring college textbooks excepts?

Buying them new at the University Bookstore


How much money does a set of serving bowls cost?

The cost of a set of serving bowls depends on how much an individual wishes to spend. Sets can be purchased for as little as $5 online. Some serving sets can cost many thousands of dollars.


Is real cost and money cost is similar?

Real cost and money cost is not similar.Real costs are actually much broader in scope and cover all the aspects of sacrifice involved in acquiring a product.


How much does a Blackberry storm cost?

It cost at around $199.99 but if your a preffered customer than you might get a most preffered customer discount.


What is the cost of bok choi?

$0.44 a serving


What is another word for the price of something?

The word "cost" usually means the price of acquiring a thing or service.


What was the cost of standing room at the Globe?

one penny