High cost of switching to substitutes (Mercedes-Benz Canada)

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Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect Mercedes-Benz Canada. … "High cost of switching to substitutes (Mercedes-Benz Canada)" will have a long-term positive impact on the this entity, which adds to its value. This qualitative factor will lead to a decrease in costs.

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