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What is customer lifetime value?

What is customer lifetime value?

Customer lifetime value (CLV) is an essential metric that determines the total worth of a customer to a business over the entire course of their relationship. CLV is a key performance indicator that helps businesses determine how much money they can invest in customer...
So what is marketing?

So what is marketing?

The textbook definition of marketing is that marketing is the science that creates, captures and sustains value. This intriguing definition implies a few concepts. First you create value through an innovative, differentiate product. Then you capture it through...