Ask Question
BusinessBusiness
28 September, 06:36

Which phase of the customer life cycle categorizes customers according to value and attempts to win back high-value customers?

+3
Answers (1)
  1. 28 September, 06:47
    0
    The answer is "loss/churn".

    Marketing, customer acquisition, relationship management, and loss/churn are four stages to the customer life cycle.

    Loss/churn refers to the last stage of a customer life cycle and this stage is loss/churn when unavoidably in time an organization may lose a customer. The company then needs to set up a win-back procedure. The company then needs to choose which lost customers are of most value and endeavor to win back their business.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which phase of the customer life cycle categorizes customers according to value and attempts to win back high-value customers? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Green Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased by $50,000. In addition, tax depreciation exceeded book depreciation by $100,000.
Answers (1)
Which of the following is consistent with advocates of rational expectations? If consumers fully anticipate an increase in interest rates, then:A. Real GDP will increase by the value of the multiplier B.
Answers (1)
The following information relates to the Quilt Division of TDS Corporation for last year: Sales $200,000 Contribution margin $90,000 Net operating income $65,000 Average operating assets $500,000 Minimum required rate of return 10% Assume that Quilt
Answers (1)
On february 1, pinn corp., paid $40,000 in advertising expenses for ads that will run in a periodical for the entire calendar year. on july 3, pinn paid $430,000 for anticipated major repairs to their machinery used for business.
Answers (1)
At the beginning of July, CD City has a balance in inventory of $2,850. The following transactions occur during the month of July. July 3 Purchase CDs on account from Wholesale Music for $1,750, terms 2/10, n/30.
Answers (1)
New Questions in Business
Identify an advertisement or commercial that targets only one of the generational groups. Describe the promotion in detail and identify the intended group.
Answers (1)
From the Farm Fruits, a company that produces and distributes organic fruits for grocery stores, wants to market its fruits in such a way that children will beg their parents to buy them.
Answers (1)
For a given constant required rate of return, the greatest portion of a preferred stockholder's return comes from increases in the price of preferred stock. a. True b. False
Answers (1)
A good investment should do one or both of which two things?
Answers (1)
Which of the following is a reason franchising has become popular in recent years? A) Franchise owners are free to set their own rules and operating standards, but they benefit from national ad programs ...
Answers (1)
Home » Business » Which phase of the customer life cycle categorizes customers according to value and attempts to win back high-value customers?
Sign Up Forgot Password?