Professional Selling Discussion

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I’m stuck on a Marketing question and need an explanation.

 

Discussion must be 3.4 paragraphs long not required APA or any other format.

Below are the picture with the requirements if any further needed.

Question: In today’s extremely competitive business environment, do you think it is more important to acquire new customers, or to try to hold on to your existing customers? Use critical thinking and course/business concepts to support your opinion.

 

Attachment preview 

Considering the variety and invention of the rivalry in any industry, a business should consider the main issue if it should attract more customers or try and retain the existing ones

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