The 5 years effectThe loyalty effect mainly has its impact over a longer period of timeFirst of all, your customer base grows as you manage to retain more customers.
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In reality, the net effect tends to be even more positive, as loyal customers create positive word of mouth and hence tend to bring in more newly acquired customers as well. |
On top of that, the revenue per customer will go upBelow you see the cumulative effect of both effects. |
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CL related sales as share of total sales |
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