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  3. Study Set
    Consumer Behaviour Study Set 1
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    Exam 1: The foundations of consumer behaviour
  5. Question
    Studies Have Shown That Small Reductions in Customer Defection Produce
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Studies Have Shown That Small Reductions in Customer Defection Produce

Question 4

Question 4

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Studies have shown that small reductions in customer defection produce increased profits because loyal customers are more price-sensitive than new customers.

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