Calculating customer lifetime value does not require historical data.

Name: Calculating customer lifetime value does not require historical data.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Calculating customer lifetime value involves estimating how much revenue a customer will generate over their lifetime, which requires historical data to analyze past customer behavior and purchasing patterns. Without historical data, it would be difficult to accurately predict a customer's lifetime value.

Calculating Customer Lifetime Value Does Not Require Historical Data