Question: When determining the customer lifetime value ( CLV ) for a targeted group of customers, the most important factor that the management of a company
When determining the customer lifetime value CLV for a targeted group of customers, the most important factor that the management of a company to consider is which?
ow much it costs to acquire a customer.
The contribution margin of this particular customer group.
The benefit that will accrue to the company over the product life cycle its bestselling product for this group.
Customer lifetime value is not static.
Sales of the most popular product have a great impact on CLV
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
