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Carlo Corpuz
on Nov 20, 2024

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Frequent buyer\user award programs can be used to

A) increase price sensitivity.
B) decrease co-branding costs.
C) lower licensing fees.
D) expand product line depth.
E) maintain contact with loyal customers.

Frequent Buyer

A customer who regularly purchases from the same brand, shop, or service provider, often benefiting from loyalty programs.

Price Sensitivity

The degree to which the demand for a product is affected by changes in its price.

Co-branding Costs

Expenses associated with a partnership between two or more brands to create a product or service that leverages the strength of both brands.

  • Comprehend the techniques and approaches employed by businesses to preserve client relationships and fidelity.
  • Identify tactics to enhance the perceived value and sustain engagement with devoted customers.
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Harsh GrewalNov 21, 2024
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