New Customer Lifetime Value Model Revolutionizes Customer Segmentation Strategies!
The article discusses how a new model was created to predict how much value a customer will bring to a company over their lifetime. This model takes into account how likely a customer is to stay with the company and how long they are expected to remain a customer. The researchers then used this model to group customers into different categories based on their value to the company. They also suggested ways for companies to better manage their relationships with customers based on their value.