Asked by Islam Dwidar on Sep 28, 2024
The customer portfolio matrix categorizes customers based on ________ and ________.
A) share-of-wallet; production costs
B) customer loyalty rate; market share
C) market share; customer loyalty rate
D) share-of-wallet; customer attractiveness
Share-Of-Wallet
A marketing term referring to the amount of the customer's total spending that a business captures in the products and services that it offers.
Production Costs
The total expenses incurred in the manufacturing of a product, including materials, labor, and overhead.
Customer Loyalty Rate
A metric that measures the proportion of customers who repeatedly purchase from a brand over a specific period, indicating their loyalty.
- Comprehend how the customer portfolio matrix is utilized in classifying customers.
Learning Objectives
- Comprehend how the customer portfolio matrix is utilized in classifying customers.
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