Question: The table below displays market research data for Beyond Studio, a hair salon in Georgia.They were able to identify three customer groups based on the
The table below displays market research data for Beyond Studio, a hair salon in Georgia.They were able to identify three customer groups based on the customers' buying patterns.Customer GroupChic IronDiva GoldFashionista Platinum# of CustomersVisitsMonth$Visit$$$Average Lifetime year years yearsIn terms of Customer Lifetime Value, how much is a Fashionista Platinum customer worth to Beyond Studio? If Beyond Studio can "convert" one Chic Iron customer into a Fashionista Platinum customer, how much would they gain in CLTV$; $ $; $ $; $$; $$; $
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