Uses of Lifetime Value - Part 4: Optimization and What-If Modeling
Customer Experience Matrix
FEBRUARY 9, 2007
Yesterday’s post on forecasting the values of LTV components may have been a little frightening. Most managers would have a hard time translating their conventional business plans into LTV terms. The connections between the two are simply not intuitive. And how would you know if you got the right answer? Part of the solution is technical. Given a sufficiently detailed LTV model, it is possible to plug in the expected changes in customer behavior and have a system calculate the corresponding valu
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