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Old 11-11-2020, 21:41   #57
45rpm
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Join Date: Nov 2020
Location: West Midlands
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Re: Deals for exisiting customers

Quote:
Originally Posted by OLD BOY View Post
On the other hand, by attracting new customers, you strengthen the company’s ability to provide better services
So a company (eg Barclaycard) that loses money and trades at a loss can provide a better service. Err, I think there is a flaw in that argument.

Quote:
Originally Posted by OLD BOY View Post
as well as profits
A company that undercharges customers makes more profit. ??????

Quote:
Originally Posted by OLD BOY View Post
for the benefit of existing customers.
Even if by your inverted logic profits were to go up, is the company’s extra income going to find its way into customer's pockets.
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