Your present is a great way to drive growth. Instead of relying

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You can plan your acquisition budget differently. You can spend more to reach the perfect audience. Maybe a competitor outbid you on a keyword earlier or worked with a big influencer that you couldn't afford. In turn, quality leads may become repeat customers. Strengthen your brand And it allows you to achieve high levels of customer lifetime value. Show that customers love your brand. A high customer lifetime value is an indicator that people are buying from you in large numbers. They seem to be satisfied with the service and quality, so your product must be good. And most importantly, they are brand loyal. So you have more opportunities to grow. This is what investors like to hear.


If you decide to seek funding Helps you save money Customer lifetime value is an impo Cayman Islands Phone Number List rtant metric to track. This is because retaining existing customers is less expensive than acquiring new customers. Recent research has found that even in sectors where customer acquisition is easier, such as e-commerce, there has been a % increase in costs for new customers over the past eight years with a focus on increasing customer lifetime value. on new customers And spend a lot of money to get it. You can figure out what makes your customer base loyal. and repeat your actions to maximize value for existing customers. Help you find the best customers Your best customers will receive higher customer lifetime value. and with careful analysis You will be able to understand the similarities between these people.





What keeps them coming back to buy your brand over and over? is a general need specific income group Or a specific geographic location? You can segment all customers based on these higher value current customers alone. Help your business grow With a greater profit margin You can invest back more to grow your business. Expanding business abroad new product development Or hiring a sales consultant can be done more by considering the security of a regular income. HOW TO MAXIMIZE CLV How to increase Customer Lifetime Value How to Maximize Customer Lifetime Value From the formula for calculating CLV, it is clear that increasing the life expectancy of a customer Order frequency And the order value will cause CLV to increase as well.