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Please provide a brief explanation along with your answer. 5. Which of the following statements regarding brand loyalty is not true? The marketing costs of
Please provide a brief explanation along with your answer.
5. Which of the following statements regarding brand loyalty is not true? The marketing costs of reaching loyal customers are typically very high. Brand-loyal customers are unlikely to switch to competitors' brands. Brand-loyal customers generate positive word of mouth. Firms tend to reward brand-loyal customers with extra benefits. Brand-loyal customers do not need persuasion to buy the firm's brands.
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