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Customer life time value is a deep marketing concept. Marketing is all about creating value for the customers. Life time value is only applicable for those products which are not disposable. The concept can also be linked with those products whose life is long (Over 10 years).
Example: Original Rado Wrist watch.
Rado watch is a status symbol. The value of luxury products to customers is very high. Suppose you are a child, you grand father purchased a original Rado watch 40 years ago. When he gets old he handed over the watch to your father. your father used the watched for 10 years and handed over it to you.
First the product is valuable for your grandfather, then your father realized its value. Now you will be the one who will use the Original Rado watch and you know its value.
The value of Rado watch will not end, until the product will get disposed.
What else can I help you with?
Are customer value threshold and customer value proposition and value offering point the same thing?
No they are not all the same thing. A customer value threshold is the max the customer values something. A customer value proposition is the value proposed by the customer, which is the same as a value offering.
What is the concept of customer value?
Customer value is one of key aspects of marketing.
What is the difference between total customer value and total customer cost?
The difference between total customer value and total customer cost is__________.
What is customer value?
Customer value is benefits and costs that customers get. Customers choose products according to value that the company create for themselves.
How does marketing function determine customer value?
Marketing function determines customer value because it refers to the value of the item the customer receives. The value means how good an item is not how much it costs. With marketing function the function of the market is basically how good an item can be used by a customer.
Do you have previous customer service experience If so please explain?
Please describe a life experience (such as volunteering, traveling, etc.) that would add value to customer experiencePlease describe a life experience (such as volunteering, traveling, etc.) that would add value to customer experience
Are customer value threshold and customer value proposition and value offering point the same thing?
No they are not all the same thing. A customer value threshold is the max the customer values something. A customer value proposition is the value proposed by the customer, which is the same as a value offering.
What is the Capability provided at right time at an appropriate price as defined by customer?
Value
What is the concept of customer value?
Customer value is one of key aspects of marketing.
What is the difference between total customer value and total customer cost?
The difference between total customer value and total customer cost is__________.
How do you borrow money against your Life Insurance?
if its a cash value policy contact the companies customer service line.
What is customer delivered value?
Marketing is about meeting the needs of your targeted market, but also providing them with a value. this value is determined when subtracting the benefits a customer gets from the product with the the customer costs he does to get it. So for instance, if a customer looks for the image value, he has to see the costs he will incur to get it.
What is customer value?
Customer value is benefits and costs that customers get. Customers choose products according to value that the company create for themselves.
How does marketing function determine customer value?
Marketing function determines customer value because it refers to the value of the item the customer receives. The value means how good an item is not how much it costs. With marketing function the function of the market is basically how good an item can be used by a customer.
How is customer lifetime value is related with customer dissatisfaction?
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What are the release dates for Life in the Word - 1997 The Value of Spending Time?
Life in the Word - 1997 The Value of Spending Time was released on: USA: 23 October 2010
What is the value of Time-Life Magazines Books This Fabulous Century?
value of 'this fabulous century'
