Customer satisfaction is important to retailers for the following reason:

Customer satisfaction is important to retailers for the following reason:


a. Customer satisfaction is an integral part of the retailers mission statement and must be constantly assessed.

b. It costs the average retailer five times as much money to get a new customer into the store as it does to make a sale to current customers.

c. Customer satisfaction has a direct impact on customer segments.

d. Population, social and economic trends are crucial to a customers overall shopping experience.

e. Satisfied customers will positively affect market segmentation.


Answer: B


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