CLV are less likely to churn unless

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Traditional Customer Lifetime Value Traditional CLTV one week formula The most complex. His calculation formula is as follows: The lifetime gross margin of a customer is obtained by multiplying the simple CLTV by the margin and all by 100. The customer retention rate is the percentage of customers who repurchase during a given period of time, compared to a similar and previous period. And the flow of money is the percentage change in the value of money in the coming years. Benefits of optimizing CLTV Here are some reasons why you should optimize CLV in your strategy:

It will make your business profitable: convincing a new customer to make a purchase is an Cambodia WhatsApp Number Data expensive process. Getting regular customers to buy from you again avoids paying these expenses a second time. That is why it is so important to increase purchasing frequency. Build brand loyalty: Customers with high CLV have demonstrated their loyalty, and are likely to spread word of mouth about your brand and speak highly of your product or service. Save time: knowing the CLV of your clients helps you know who to direct a growing area, as well as commercial efforts.



Prevent your churn rate from rising: Existing customers with a high something changes drastically. We can appreciate the critical importance of knowing the value of customer lifetime and obtaining and analyzing all the data necessary to make increasingly effective business decisions by adopting strategies to increase the time and spending that customers dedicate to us. This is what making data-driven decisions is all about and it's a practice you should implement right now! Don't you think so? Tell us, what other benefits do you think optimizing CLTV has?SEO vs SEM |