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Grindales Best customer retention rate is 90%, a rate of which the managers are very proud of, and therefore they refuse to invest in anything
Grindales Best customer retention rate is 90%, a rate of which the managers are very proud of, and therefore they refuse to invest in anything related to customer acquisition, focusing just on improving customer retention and increasing sales to the current customer base. How many customers are they losing annually (%), what is the average customer life length and in about how many years will the company remain without customers if the company continues with the current strategy?
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