Maximizing Customer Value

Maximizing Customer Value

Assessment

Interactive Video

Business

Professional Development

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video tutorial discusses how businesses can 'own' their customers by offering something valuable for free initially and then transitioning them to paid services. It emphasizes understanding the lifetime value of a customer and tailoring business models accordingly. The key is to ensure that the free offering is genuinely valuable, which sets the stage for customers to appreciate the paid services that follow.

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2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can a consultant charge for their services after providing a free strategy?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What common mistake do people make when offering free consultations?

Evaluate responses using AI:

OFF

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