Sophisticated marketers selectively build relationships with customers according to their profitability by customer retention by ________.
A) monitoring customers' consumption volume and shopping patterns
B) creating tiers of customers according to their profitability levels
C) developing distinct strategies for each group of customers
D) A, B and C
E) none of the above

Question

Quizplus · Accepted Answer

Sophisticated marketers focus on building relationships with customers based on their profitability and retention by monitoring their consumption and shopping patterns, creating tiers of customers according to their profitability levels, and developing distinct strategies for each group. This comprehensive approach ensures that marketing efforts are tailored and efficient, maximizing customer satisfaction and loyalty.

Sophisticated Marketers Selectively Build Relationships with Customers According to Their