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CLV directly influences marketing decisions and strategies, helping to optimize resources and create a sustainable growth cycle. More than that, it is an indicator of the health and growth potential of the business. A high CLV indicates a solid relationship with customers and considerable long-term revenue potential, while a low CLV may signal the need to reevaluate marketing.
Strategies and improve the customer experience to Thailand Telemarketing Data increase customer loyalty and engagement. What is Customer Lifetime Value (CLV)? CLV represents the estimate of the total amount that a customer is expected to spend during their entire relationship with your business. It is not limited to individual purchases, but evaluates the total value of customers in the long term.
This aspect is crucial, because not in terms of their contribution to the business. Moreover, CLV offers a complete perspective on your relationship with customers and how they contribute to the growth and profitability of your business. It is a strategic tool that helps you identify and prioritize valuable customer segments, optimize resources and make informed decisions to attract and retain long-term customers.
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