Question: Question 1 ( Marks: 1 5 ) Multichoice has experienced a decline in its subscriber base due to economic challenges, loadshedding, and shifting consumer preferences.

Question 1(Marks: 15) Multichoice has experienced a decline in its subscriber base due to economic challenges, loadshedding, and shifting consumer preferences. In response, management is exploring new revenue streams to sustain business performance. As a marketing student, you understand the critical role of customer retention in a companys longterm success. Using practical examples, prepare a report advising MultiChoice management on why retaining existing customers is essential and how it can positively impact the company's growth and profitability.

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