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Salvador Salazar Cook
on Dec 12, 2024

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Customer lifetime ________ represents the financial worth of a customer to a company over the course of their relationship.

A) revenue
B) usage
C) profitability
D) value
E) exchange

Customer Lifetime Value

A projection of the total value a business will derive from their entire relationship with a customer, considering both revenues and costs over the customer's lifespan with the business.

Financial Worth

The total value of all assets owned by an individual or organization, minus any liabilities owed.

Company Relationship

The interactions and connections between a business and its stakeholders, including customers, employees, investors, and suppliers.

  • Comprehend the idea of customer lifetime value and its importance in targeting marketing strategies.
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Crystal AlonzoDec 15, 2024
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