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What are some benefits of a firm by retaining its customers?
A firm accrues several benefits by retaining its customers are as give below:
Increased Revenue: it increases in revenue.
Decrease in Cost of Selling: it is profitable in the future.
Advertising: use for marketing.
Cross Selling Possibilities: There is potential customer includes.
Structural Ties: it attracts new customers.
What are the ways devised in competition by Theodore Levitt? Several of the ways devised in words of Theodore Levitt to outsmart the competition are as: a. Be a customer led
Why is green or environmental marketing important? Green marketing is important since the mankind has restricted resources upon the earth, along with that he/she should attem
Value and Satisfaction Customer value: it is the difference between the values that the customer achieves from owning and by using a product and the costs of getting the produ
detail note on pricing strategies of any product
Q. Explain the Role of direct marketing? Role of direct marketing:- a) Focus is on literate customer. b) For service marketing like insurance, Banking, telecommunication.
Explain in brief about Relational Communications Orientation Explanation Information and promotion Communications ar
Last year Suki opened a gift shop in her small town. The town is a popular summer tourist attraction because it still retains the charm of a traditional village. Many of the buildi
Michael Jordan lives in a world with only two goods: basketballs and Gatorade. Basketballs cost $10 each. Gatorade costs $2 per bottle. Point A on the graph below represents Jord
What types of tools use in business promotion scheme? Business Promotion Schemes: 1. Trade Shows: Industry associations organize yearly trade demonstrates. 2. Sales
How are public relation Support Company? Public relations also help the company to attain its full potential. They give feedback to the company through the public. This typical
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