If the average customer retention period is 2 years with an average of 7 transactions over that time period and the gross profit margin is 30%, what is the overall CLTV of the following data set?

Customer

Sales

Number of transactions

Customer 1

$200

2

Customer 2

$300

4

Customer 3

$250

3

Practice More Questions From: Practice Quiz: Customer Lifetime Value

Q:

What is the acronym for customer lifetime value?

Q:

COGS stands for…

Q:

If the average customer retention period is 2 years with an average of 7 transactions over that time period and the gross profit margin is 30%, what is the overall CLTV of the following data set? Customer Sales Number of transactions Customer 1 $200 2 Customer 2 $300 4 Customer 3 $250 3

Q:

If the average customer retention period is 2 years with an average of 7 transactions over that time period and the gross profit margin is 30%, what is the CLTV of Customer 2? Customer Sales Number of transactions Customer 1 $200 2 Customer 2 $300 4 Customer 3 $250 3

Q:

If your revenue is $3,000 and your COGS is $1,800, what is your gross profit margin?

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