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Customer Lifetime Value (CLV)refers to The

Question 51

Multiple Choice

Customer lifetime value (CLV) refers to the:


A) sum total of benefits that a vendor promises a customer will receive in return for the customer's loyalty for his or her lifetime.
B) strategy for managing a company's interactions with customers, clients, and sales prospects.
C) total value of purchases of a customer over a lifetime of patronage.
D) tendency of a customer to stick with a brand even when it is priced higher than an otherwise equal product.
E) the provision of service to customers before, during, and after a purchase.

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