The ______ predicts the net value (profit or loss) for the future relationship with a customer; calculated by taking the sum of the customer's present value contributions to profit margin over a specific time fram Helps determine how best to allocate resources to marketing strategies to sustain a customer over a lifetime
a. Customer Lifetime Value
b. Share of Mind
c. Marketing Concept
d. Marketing Relationship
e. Customer Net Return
Answer: a. Customer Lifetime Value