Customer Lifetime Value Good customer experience doesn’t only lead to happy customers, but it will conjointly result in additional revenue and different important benefits like customer loyalty, higher CLV (Customer Lifetime Value), etc. Customer Lifetime Value (CLV) refers to the estimated net profit attributed to the entire future relationship with a customer. CLV is calculated
Tag: adoption of chatbots
Chatbots offer a range of benefits, including 24/7 availability, efficient and quick response times, and the ability to handle large volumes of inquiries simultaneously. They are also able to provide customers with tailored recommendations and solutions based on their individual needs, creating a more personalized experience.