Unveiling the Power of Customer Lifetime Value: Strategies for Long-Term Success
Customer Lifetime Value: A Strategic Business Metric The Two Paths to Business Growth 1. Acquiring New Customers – By attracting new clients to your business. 2. Retaining and Increasing Lifetime Value of Existing Customers – Focusing on nurturing existing client relationships and boosting their lifetime value (CLV). Effectiveness of Customer Retention Strategy Data emphasizes that […]
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