What is Customer Lifetime Value

What is Customer Lifetime Value

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the importance of customer lifetime value (CLV) as a metric for targeting marketing efforts. It explains how to calculate CLV by considering profit margins, purchase frequency, and customer longevity. The video emphasizes the significance of maintaining strong customer relationships to enhance CLV and highlights the goal of serving valuable customers effectively.

Read more

1 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

Evaluate responses using AI:

OFF