Article Abstract:
It is important for companies to understand what makes a customer loyal so that they can retain this customer. This type of strategy will also enable a firm to obtain new customers.
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Article Abstract:
Marketing department budgets should be spent on research and analysis which will enable the department to develop a focused strategy. Basing expenditures on customer equity enables marketing departments to understand where to spend their money.
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Article Abstract:
Corporate profits can be linked with customer relationship management. Creating a customer pyramid allows a company to provide the proper customer service according to the company's profitability from the customer.
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