0
Explain why increasing the lifetime value of a customer is an inexpensive way to secure the future of an enterprise and the four ways to do this?
Wiki User
∙ 11y ago
greater financial growth, with respect to profits, greater likleyhood of long term buisness success
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is Ltv in advertising?
LTV is Lifetime value. LTV refers to the value of a customer over his lifetime. Businesses with recurring revenue (subscriptions) have a higher lifetime value than less frequent purchases (homes).
What is customer equity and How can a company increase its customer equity?
Value of potential future revenue generated by a company's customers in a lifetime. A company with high customer equity will be valued at a higher price than a company with a low customer equity.
How would you rate Flexsteel customer service?
I have been calling customer service at least twice a week for over a month regarding a warranty issue. My Flexsteel sofa has a 'Lifetime Warranty' on it's springs. Several of the springs in the unit have broken and I'm trying to get a repair under the 'Lifetime Warranty'. It's a joke! And a waste of time! They have no intention of making good on their 'Lifetime Warranty'. I willnever see a spring unit sent to a local upholster for repair! THEIR CUSTOMER SERVICE SUCKS! And 'Lifetime Warranty' does not exist!
What is vision mission of Kmart?
To help the customer by selling him great stuff at a great price. Oh yeah and to make a buck at the same time.The actual Mission/Vision Statement as found on Google: "We are committed to improving the lives of our customers by providing quality services, products and solutions that earn their trust and build lifetime relationships." (Jan 2, 2011)
What is mission statement of Tesco?
Creating value for customers, to earn their lifetime loyalty.
How is customer lifetime value is related with customer dissatisfaction?
aaa
What is Tesco's vision statement?
It is something related to "lifetime customer loyalty".
What is Ltv in advertising?
LTV is Lifetime value. LTV refers to the value of a customer over his lifetime. Businesses with recurring revenue (subscriptions) have a higher lifetime value than less frequent purchases (homes).
What is customer equity and How can a company increase its customer equity?
Value of potential future revenue generated by a company's customers in a lifetime. A company with high customer equity will be valued at a higher price than a company with a low customer equity.
Do McDermott cues have a lifetime warranty?
"I am not knowledgeable in this area. However, I believe that yes, the McDermott cues do have a lifetime warranty . If there are further questions, please refer to the customer service."
How would you rate Flexsteel customer service?
I have been calling customer service at least twice a week for over a month regarding a warranty issue. My Flexsteel sofa has a 'Lifetime Warranty' on it's springs. Several of the springs in the unit have broken and I'm trying to get a repair under the 'Lifetime Warranty'. It's a joke! And a waste of time! They have no intention of making good on their 'Lifetime Warranty'. I willnever see a spring unit sent to a local upholster for repair! THEIR CUSTOMER SERVICE SUCKS! And 'Lifetime Warranty' does not exist!
What channel is lifetime on bell satellite?
According to bell reps they do not carry it and carrying it will depend on how many customer requests they get for it.
What are the advantages of having a lifetime tracker mortgage?
The advantages of having a lifetime tracker mortgage are that you can pay off your mortgage over a 25 year or longer period of time and you can also adjust your payments by lowering them or increasing them.
What 'lifetime' movie about a woman that works in a flower shop and falls in love with a male customer?
I think is 'I hate Valentine's day'
What does asset maximization mean?
It is an investment strategy designed to maximize current lifetime after-tax income from an existing asset, while at the same time increasing the after-tax value of that asset to the next generation. It is a conservative strategy that enables a client to convert a low interest-producing asset into a guaranteed* lifetime income stream.
Do Revo sunglasses have a lifetime warranty?
No. They have a two from date of purchase. They will offer you 25% OFF A NEW PAIR IF YOU SEND IN YOUR OLD ONES. You must contact the customer service dept to start the process.
Do Rolex watches come with lifetime warranties?
Yes, the lifetime of the watch. Not your lifetime.
