Asked by MUZAMMIL AHMED on Sep 28, 2024
By analyzing customer lifetime value,a firm can most likely ________ for a specific customer group.
A) implement direct marketing
B) establish marketing strategies
C) evaluate personal selling approaches
D) assess international distribution methods
Direct Marketing
A type of advertising strategy that involves communicating directly with targeted customers through various channels to promote products or services.
Marketing Strategies
Approaches adopted by a company to attract customers, influence their preferences, and maintain customer loyalty towards their product or service.
Personal Selling
A sales approach where individuals promote products or services through direct communication with potential buyers.
- Acquire knowledge on the notion of customer lifetime value (CLV) and the process by which it is determined.
- Grasp the importance of customer relationship management and the role of customer portfolios.
Learning Objectives
- Acquire knowledge on the notion of customer lifetime value (CLV) and the process by which it is determined.
- Grasp the importance of customer relationship management and the role of customer portfolios.
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