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among the arguments for the importance of customer retention are: A) it costs at least seven times as much to acquire a new customer as

among the arguments for the importance of customer retention are: A) it costs at least seven times as much to acquire a new customer as it does to retain an existing one. b) a satisfied customer does not talk about the firm and products, C) reducing customer defections will increase sales, but not necessarily profits, d) all of above

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