Your friend operates a local gym and needs help targeting her best customers. After working with...
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Your friend operates a local gym and needs help targeting her best customers. After working with her, you realize that the average customer contributes $1,500 of profit per year. Her gym averages a 25% retention rate. What is the customer lifetime value of an average gym customer? Use an 6% discount rate. Your friend operates a local gym and needs help targeting her best customers. After working with her, you realize that the average customer contributes $1,500 of profit per year. Her gym averages a 25% retention rate. What is the customer lifetime value of an average gym customer? Use an 6% discount rate.
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To calculate the customer lifetime value CLV we need to est... View the full answer
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
Posted Date:
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