_____ is the stream of revenue spent by each loyal customer over the lifetime of his/her relationship with the store (or brand).
A)Valued-customer purchasing
B)Life-time value of customers
C)Time-based management of buyers
D)Customer last-time purchasing

Question

Quizplus · Accepted Answer

The term "lifetime value of customers" refers to the stream of revenue that a loyal customer generates over the entire course of their relationship with a store or brand. It is an important metric for businesses to consider when evaluating the profitability of their customer base and designing effective customer retention strategies. Options A, C, and D are not accurate descriptions of this concept.

_____ Is the Stream of Revenue Spent by Each Loyal