Item #1:
- Annual Sales = $100,000.
- Future Value of Customers Buying The Item = $12.00 Profit Next Year After Controlling For Differences In Customer Quality.
Item #2:
- Annual Sales = $50,000.
- Future Value of Customers Buying The Item = $27.00 Profit Next Year After Controlling For Differences In Customer Quality.
I should probably ask if you measure the future value of comparable customers buying each item in your assortment?
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