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Customer Relationship Management.....

Mmalikwaqas77711y ago
What is meant by Customer Acquisition, Customer Retention and Customer Extension? Please explain these concepts?
kengarrettkengarrettTutor11y ago#1
Customer acquisition = acquiring new customers Customer retention = retaining customers so that they don't go somewhere else to buy. Customer extension = getting customers to buy more - not just volume but additional products and services.
Mmalikwaqas77711y ago#2
Thanks AccA tutor....
kengarrettkengarrettTutor10y ago#3
Thanks.
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