Illustrate what is the average defection rate for grocery, Ask an Expert

Management Studies

Q. Illustrate what is the average defection rate for grocery store shoppers in a local area of a large city if they spend $50 per visit, shop 52 weeks per year, the grocery store has a 16 percent gross margin and the value of a loyal consumer is estimated at $2,500 per year?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9375100

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