What is the equation for calculating the customer lifetime value?
Question:
What is the equation for calculating the customer lifetime value?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Customer Lifetime Value CLV or LTV indicates the total revenue a business can reasonably expect from ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
a) What is the average lifetime value of a customer in each of the two groups (Group1- # of Customers with initial purchase < $50, Group2- # of Customers with initial purchase >=$50 ) b) Is the...
-
The concept of return on investment (ROI) has been adapted widely for a variety of uses. One recent development is to extend customer profitability analysis to include the concept of return on...
-
How much are you worth to a given company if you continue to purchase its brand for the rest of your life? Many marketers are grappling with that question, but its not easy to determine how much a...
-
Discuss the concept of the Process Spectrum. Use examples where appropriate.
-
Coupon Rates Wimbley Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.8 percent, and a current price of $1,136.50. The bonds make semiannual payments. What must the coupon...
-
Franco Academy Surplus had 10,000 shares of common stock and 7,000 shares of 5%, $10 par preferred stock outstanding through December 31, 2012. Income from continuing operations for 2012 was...
-
Explain what a bank is in your own words.
-
1. Are the auditors guilty of malpractice? Explain. 2. What defenses are available to Joker & Wild in this case? Explain what they must prove to successfully assert these defenses. 3. Assume you are...
-
Una desventaja de la financiacin con bonos es:
-
Distinguish between market share and wallet share.
-
What do you mean by customer retention programmes? Mention the various steps.
-
1. In relation to French and Ravens sources of power, identify individuals in your own organization whom you consider fit each of the five categories. 2. Repeat the activity but this time thinking of...
-
Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering. Her classmate Simone has asked her for a loan of $5,000 to help...
-
Please read the following carefully. For each question on the exam, you should assume that: 1. unless expressly stated to the contrary, all events occurred in ?the current taxable year;? 2. all...
-
The pulse rates of 152 randomly selected adult males vary from a low of 37 bpm to a high of 117 bpm. Find the minimum sample size required to estimate the mean pulse rate of adult males. Assume that...
-
Can I get clear explanation how to work these. Thanking you in advance. 1. A rod 12.0 cm long is uniformly charged and has a total charge of -23.0 uC. Determine the magnitude and direction of the...
-
Poll Results in the Media USA Today provided results from a survey of 1144 Americans who were asked if they approve of Brett Kavanaugh as the choice for Supreme Court justice. 51% of the respondents...
-
The stem-and-leaf display given here shows the final examination scores of students in a sociology course. (Leaf unit = 1.0) (a) Find the median score. (b) Find the quartiles Q1 and Q3. (c) What...
-
What is a lobbyist in US? How did this term emerge?
-
What key issues must managers face in the financial distress process? MINI CASE Kimberly Mackenzie, president of Kim's Clothes Inc., a medium-sized manufacturer of women's casual clothing, is...
-
What informal remedies are available to firms in financial distress? In answering this question, define the following terms: (1) workout, (2) restructuring, (3) extension, (4) composition, (5)...
-
Briefly describe U.S. Bankruptcy Law, including the following terms: (1) Chapter 11, (2) Chapter 7, (3) Trustee, (4) Voluntary bankruptcy, and (5) Involuntary bankruptcy. MINI CASE Kimberly...
-
exercise 4-7 (Algo) Effects of transactions on income statement LO P2
-
Compute the value of ordinary bonds under the following circumstances assuming that the coupon rate is 0.06:(either the correct formula(s) or the correct key strokes must be shown here to receive...
-
A tax-exempt municipal bond has a yield to maturity of 3.92%. An investor, who has a marginal tax rate of 40.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to...
Study smarter with the SolutionInn App