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5:05
Study.com
Customer Value | Definition, Equation & Examples
In this lesson, learn what customer value is in marketing. Understand customer value equation and find customer value examples. See the importance of customer value.
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Understanding what your customers value is crucial for the success of your business. Here are several reasons why it is important to understand customer values: When you understand what your customers value, you can tailor your products, services, and overall customer experience to meet their needs and expectations. Knowing what your customers value allows you to differentiate yourself from competitors. By delivering unique value propositions and addressing specific customer pain points, you can
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