Clumpiness and Customer Lifetime Value

Knowledge at Wharton

Episode Description

📂 Marketing 🏷️ Research

Brief Summary

Michael H. Market discusses customer clumpiness and its impact on predicting customer value in marketing.

Key points

  • Understanding Clumpiness in Customer Behavior. Clumpiness indicates that customers buy in bursts, revealing their potential future value.
  • The Importance of Clumpiness. Clumpiness can change how companies predict customer value and worth.

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