Creating a Personalized Pricing Model Based on Customer Lifetime Value

Creating a Personalized Pricing Model Based on Customer Lifetime Value

📄 Prompt Template

Develop a personalized pricing model for [Product] that takes into account the predicted lifetime value of each customer in [Region]. Use customer segmentation and historical purchasing data to estimate the long-term value each customer will bring to the brand. Offer price adjustments or loyalty discounts to high-value customers and test the model’s effectiveness in increasing retention and revenue. Provide a report on the model's performance with recommendations for future pricing adjustments.

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