Asked by Madison Katelyn on May 16, 2024

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The net present value of a customer's business over the span of his or her relationship with an organization is referred to as

A) customer market value.
B) customer advocacy.
C) equalized value.
D) relationship selling.
E) customer lifetime value.

Net Present Value

A financial metric that calculates the present value of all future cash flows of a project or investment, subtracting the initial investment cost.

Customer Lifetime Value

A prediction of the net profit attributed to the entire future relationship with a customer.

Relationship

The connection or association between individuals, groups, or entities, which can be professional, personal, or commercial in nature.

  • Understand the importance of establishing and preserving solid relationships with customers in the sales sector.
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JC
Jadah CarreraMay 19, 2024
Final Answer :
E
Explanation :
Customer Lifetime Value (CLV) is the correct term that refers to the net present value of the future cash flows attributed to the customer relationship. It measures the profit your business makes from any given customer over the span of their relationship with your organization.