11. Loyal customers have a lifetime value to an organization that is significant. A loyal customer is
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11. Loyal customers have a lifetime value to an organization that is significant. A loyal customer is a repeat purchaser, and the total share of their purchases is with the same company. Loyal customers offer multiple benefits to the healthcare organization:
reduced acquisition costs, longer-term revenue growth, greater profitability, referrals, and a willingness to pay a price premium.
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