Question: If a customer will continue to buy products or services from your company for 6 years and spends P2,000 monthly per year, his or her
If a customer will continue to buy products or services from your company for 6 years and spends P2,000 monthly per year, his or her customer lifetime value is _____ considering you spent P3,000 to acquire that same customer.
Step by Step Solution
★★★★★
3.46 Rating (156 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
To calculate the Customer Lifetime Value CLV of a customer we need to consid... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
