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Customer Satisfaction Is an Important Focus for Marketers Because

Question 290

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Customer satisfaction is an important focus for marketers because


A) marketing research is an expensive proposition;the fewer times it needs to be done,the better off the company is.
B) the financial value of a satisfied,loyal customer over time can be significant.
C) consumers are unable to assess it by themselves.
D) attracting new customers is easier than keeping old ones.
E) a 50 percent improvement in customer retention can increase a company's profits by 5 percent.

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