5 ms·
I may be wrong but I don't think that last statement is true if the lifetime of the customer/asset is short--especially shorter than expected. The business mod
by metalchianti 8y ago
I may be wrong but I don't think that last statement is true if the lifetime of the customer/asset is short--especially shorter than expected. The business model seems too new and for me it hasn't proven itself viable.
- tfehring 8y agoYou’re right. Replace “marginal revenue/cost” with “marginal expected present value of lifetime revenue/cost” and that statement holds.