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    Services Marketing Interactive Approach
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    Exam 11: Regaining Customer Confidence Through Customer Service and Service Recovery
  5. Question
    The Cost of Retaining Existing Customers Is Estimated to Be
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The Cost of Retaining Existing Customers Is Estimated to Be

Question 21

Question 21

True/False

The cost of retaining existing customers is estimated to be three to five times more expensive than it is to gain new customers.

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