Question

Which customers help in the profitability and growth of an organization? Both external and customers help in the profitability and growth of an organization in a direct or indirect manner.

Answer 1

Answer:

Satisfied and Loyal customers help in the profitability and growth of an organization.

Explanation:

When a company produces a product, they put their best in the design, process, manufacturing and dispatching of the product, so that their target customers use this product and gets satisfied. When consumers get the product of exactly their needs, they try to buy it again and again and becomes the loyal customers of that specific company. Such customers are the permanent customers of that organization and they are ready to pay for the product, thus helps in the profitability of the organization. Also when they talk about the product to other people, they become the marketing agents of the company, thus helping the company to grow. In this way, satisfied and loyal customers help in the profitability and growth of an organization.