Frequent Fliers
If you think George Clooney's character in the movie Up in the Air was pure fiction,think again.Clooney portrayed a frequent flier who enjoyed top-of-the-line perks the likes of which even most "elite" fliers don't experience.That's because he was a member of American Airline's invitation-only ConciergeKey recognition program.Most airlines maintain these unpublished super elite frequent-flier plans,such as Continental's Chairman's Circle and Delta's Executive Partner programs.These programs are reserved for the highest-volume customers in terms of miles flown or highest-value in terms of revenue.You'll have to fly upwards of 300,000 miles or spend $50,000 a year to be invited.
-Refer to Frequent Fliers.Airlines have estimated the future value of these elite fliers and found that they are very profitable for their business.What technique did the airlines use to project the future value of these fliers over a period of several years?
A) RFM analysis
B) Lifetime value analysis (LTV)
C) Cluster analysis
D) Conjoint analysis
E) Data enhancement analysis
Correct Answer:
Verified
Q107: Subaru of America targeted outdoor enthusiasts when
Q108: Frequent Fliers
If you think George Clooney's character
Q109: Every time Barry orders running shoes from
Q110: CRM concerns many Americans because:
A) of the
Q111: Frequent Fliers
If you think George Clooney's character
Q113: Blood Services
As flextime,consulting,telecommuting,and downsizing make it more
Q114: Countries in _ generally have the strictest
Q115: Frequent Fliers
If you think George Clooney's character
Q116: A segmented communications strategy to _ users
Q117: The Gramm-Leach-Bliley Act enforces privacy guidelines:
A) for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents