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Consumer Loyalty

All articles tagged with #consumer loyalty

business5 months ago•3 min saved

Tesla's Setback, Musk's Big Payday

Despite Tesla's recent struggles with declining sales in Europe and China, and a drop in consumer loyalty linked to Elon Musk's political stance, the company's board approved a $29 billion compensation package for Musk, aiming to retain his focus amid ongoing challenges and strategic shifts towards AI and robotaxi services.

via The Motley Fool|

#business #consumer-loyalty #elon-musk

business1 year ago•5 min saved

Costco Commits to Keeping $1.50 Hot Dog Combo Price

Costco has maintained the price of its hot-dog-and-soda combo at $1.50 since the mid-1980s despite inflation, using it as a loss-leader strategy to attract customers. The company reassured that the price will remain unchanged, leveraging the combo's popularity and cultural significance to foster customer loyalty.

via NPR|

#business #consumer-loyalty #costco