abhishreshthaa

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Loyal customers are always cheaper to serve.

Some time loyal customers are expensive to serve they may ask for premium service & price discounts.

Long term customer pay less than new customer.

Loyal customer act as a word of mouth promoter.


Customer Value

  • Customer value is nothing but a difference between what customer gets & what he or she gives for different possible choices.

  • Customer delivered value = Total customer cost -Total customer value

  • Customer value depends upon six factors

  • Such as personal, esteem, utility, Social, price ,Quality.
 
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