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Switching Costs

Switching costs refer to the expenses, both tangible and intangible, a consumer incurs when changing from one product, provider, or platform to another. Businesses strategically manage these costs to enhance customer loyalty. High switching costs benefit companies by discouraging customer shifts, thereby boosting their market retention and profitability.

Total Mentions: 5

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Newsletter Breakdown

We identified Switching Costs as a key topic 5 times in newsletters like Net Interest, Chit Chat Stocks, The Wolf of Harcourt Street, Bulletpitch