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If retention is so much more profitable than acquisition, why have companies persisted for so long in spending more on getting new customer than keeping the ones they have

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Companies persisted for so long because business managers kept a good readout way for governors
aliciaaguilera4

Answer:

In 1501, shortly after Christopher Columbus discovered America, Spain and Portugal began shipping African slaves to South America to work on their plantations. In the 1600s, English colonists in Virginia began buying Africans to help grow tobacco.

Explanation:

hope this helps i got it from google :)

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