To calculate lifetime value,a company would estimate the amount the person would spend and then subtract what it will cost them to maintain this relationship.

Name: To calculate lifetime value,a company would estimate the amount the person would spend and then subtract what it will cost them to maintain this relationship.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Lifetime value is calculated by estimating the total revenue a customer will generate and subtracting the costs associated with maintaining the customer relationship.

To Calculate Lifetime Value,a Company Would Estimate the Amount the Person