Business Analytics · Intermediate level

Intermediate level · Module 2: Customer Analytics · Lesson 3 of 3

Customer Value and Feedback

Estimate what customers are worth and combine numbers with what customers say.

In this lesson you will

  • Estimate simple customer value
  • Combine feedback with behavioural data

Key concepts

customer valueacquisition costsatisfaction surveysqualitative feedback

The lesson

A simple customer value estimate: average monthly margin per customer × average months they stay. Compare it with what it costs to win a customer.

Numbers show what customers do; feedback explains why. Short surveys, complaint logs and conversations reveal reasons behind churn.

Use both: a drop in retention plus complaints about stock-outs points to a clear fix.

Step by step

  1. Calculate average monthly margin per customer.
  2. Estimate average customer lifetime.
  3. Compare with acquisition cost.
  4. Review feedback for reasons behind churn.

Practice activity

Write a customer analytics summary with segment actions.

Expected result: A summary combining value estimates, retention and feedback.

Check your understanding

  1. How is simple customer value estimated?

    Show answer

    Average monthly margin per customer × average months they stay.

  2. Why combine feedback with behavioural data?

    Show answer

    Behaviour shows what happens; feedback explains why.

Taught live by an instructor — online or in person. Free course lessons are for self-study and do not lead to a certificate — see registration options.