Keeping long-term customers is more beneficial than continually acquiring new customers because:

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asked May 19, 2020 18.8k views

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Kenneth Streit · Answer 1 · 2020-05-24T12:55:45+0000

Long term tend to pay full price for a product rather than a discount price. Loyal customers tend to give more referrals. Acquiring new customers cost more than keeping current ones

Keeping long-term customers is more beneficial than continually acquiring new customers because:

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