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Product developers invest time and money in building product loyalty because it leads to repeat purchases and long-term customer relationships, which are more cost-effective than acquiring new customers. Loyal customers are more likely to recommend products to others, enhancing brand reputation and market reach. Additionally, strong loyalty can provide a buffer against competitive pressures and price fluctuations, ultimately driving sustained revenue growth.

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4d ago

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Calculate the velocity of money when nominal gross domestic product GDP is 1 trillion and the money supply is 250 billion?

Gross Domestic Product divided by the value of the money supply 1,000,000,000,000 divided by 250,000,000,000 = 4.


What is dicount?

A discount is a reduction in the price of a product or service, often used as a promotional strategy to encourage sales. It can be expressed as a percentage off the original price or as a fixed amount subtracted from the total. Discounts can be offered for various reasons, such as seasonal sales, clearance events, or customer loyalty programs. They benefit both consumers, who save money, and retailers, who can increase sales volume.


Do some container shapes seem to contain more product for the same money?

Some products dooo for the reason of the manufacturer. They do this to make the consumer see the bigger item and feel like they would get more for there money. And so they buy their product rather then the leading brand.


Is maths essential for pharmacy?

It is not essential but you do need to practice so you can give them the right amount of change or to check to see if they have given you the Right amount of money they used to buy the product/product's.


What is The equation of exchange states that?

The equation of exchange, represented as MV = PQ, states that the product of money supply (M) and velocity of money (V) equals the product of the price level (P) and real output (Q) in an economy. This relationship illustrates how changes in money supply and velocity can affect overall economic activity and price levels. Essentially, it highlights the interconnectedness of money, output, and prices in determining inflation and economic growth.

Related Questions

How do video game developers get paid?

With money


Did they sell the Hollywood sign?

No. And they were never going to. The plan was to develop the surrounding area but a number of people think that building around and behind the sign would ruin it. So a group of actors raised loads of money and gave it to the developers to stop them building.


Where can people buy penguins arena?

At developers official website : http://www.frogames.com You can buy it on Steam too but the developers will get a lot less money.


How much money do real estate developers make?

Millions if they are good.


How much money do game developers start with?

10,000-50,000 I believe


What are the advantages of loyalty cards?

The advantage of loyalty cards are that you can use them and collect points to get money off products in store


Why do applications for iPhones and iPod Touches cost money?

Because, in most cases, it costs the developers money to produce them.


What are the advantages and disadvantages of loyalty schemes for customers?

Advantages for loyalty schemes for the costumers are that they receive a discount when they go shopping and save money.


What are causing a weakening of loyalty to political parties today?

They don't have money


Is everything in Cydia free?

No. The majority of apps on there are free but there are some from top developers that cost money.


How much do web programmers earn in Canada?

If you mean "Web Developers", it can greatly vary, as it does everywhere. Web Developers can earn massive amounts of money for developing ecommerce sites for businesses.


How did the government enforce loyalty to the war effort?

You had to buy bonds in order to show their loyalty and they cost a little bit of money but yeah they had to buy bonds! (: