Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________. 



A) reduce the rate of customer defection
B) make low-profit customers more profitable
C) enhance the growth potential for each customer through cross-selling
D) increase the longevity of the customer relationship
E) focus disproportionate effort on high-value customers


Answer: B


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