ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ focuses on developing loyal customers who continue to purchase from the business for a long time.
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Consumer Motivation
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Emotional Motivation
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Patronage Motivation
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None of the above
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Explanation:
Detailed explanation-1: -Hand loyal customers They buy the same brand, every time, without checking for price or for what’s on sale. These are the type folks who always buy Pepsi or Always buy coke because that’s just what they like and they will not switch.
Detailed explanation-2: -Relationship marketing is a facet of customer relationship management (CRM) that focuses on customer loyalty and long-term customer engagement rather than shorter-term goals like customer acquisition and individual sales.
Detailed explanation-3: -The loyalty of customers to a business is called goodwill and is an intangible asset of a business.
There is 1 question to complete.