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In the First Step of Calculating the Lifetime Value of a Customer

Question 103

Multiple Choice

In the first step of calculating the lifetime value of a customer, a firm should use all of following data except


A) the average amount of each purchase for that particular customer
B) the average number of visits or purchases per year for that particular customer
C) the cost of living index for the area where the customer lives
D) the average life span of a customer with that particular firm

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