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The Lifetime Value Equation: Multiply Customer Worth 5x
Lifetime Value Equation- The Smartest Marketing Increases Customer Value 5x. Acquisition of customers is costly. Majority of business organizations aim at attracting new customers, yet they often forget that there is a much stronger tool that can be used to increase their revenues; that is, to maximize the value of current customers. According to research published by Harvard Business Review, a five percent Customer Lifetime Value (CLV) increase can increase profits by 25-95
Tanya Sharma
Sep 263 min read
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