Which are the most common variables in customer's lifetime value field?
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Understand the Problem
The question asks to identify the most common variables in customer's lifetime value field. The options are reach, frequency, and monetary value in different combinations. The task is to determine which combination is most commonly used.
Answer
D) Reach, frequency and monetary.
The correct answer is D) Reach, frequency and monetary.
Answer for screen readers
The correct answer is D) Reach, frequency and monetary.
More Information
Reach indicates how many customers a marketing campaign touches. Frequency is how often the customer purchases. Monetary is how much the customer spends.
Tips
Ensure you understand all elements of the question before answering, in this case what Reach, frequency and monetary mean.
Sources
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