Advanced Competitive Strategy | Online Course Support

How can customers decrease their switching costs?

 
 
 
 

That’s correct! If these items are negotiated in advance, customers are made less dependent on the supplier.

 
 

That’s correct! The more suppliers a customer has, the lower are his corresponding switching costs.

 
 
 

That’s correct! Unduly restricted contracts increase switching costs considerably. That’s why they should be avoided.

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