Have you heard of the concept of lifetime customer value?

Hello human

💡Have you heard of the concept of lifetime customer value?

Put simply, lifetime customer value is the total amount of money a customer will spend on a company's products or services over the course of their relationship with the company.

📚 For example:

If a customer buys a company's product for $100 and then uses their services for $50 every month for a year, their lifetime customer value would be $650.

This is the amount of money the customer has provided to the company over the course of their relationship.

Using this concept in your business can help you gain insight into how valuable a customer is to your business, and how to better serve them over time.

🤖 This Email Was Written by Tugan.AI

Friday’s New AI Product:

A predictive AI for creatives performance.

P.S: Do you want to write similar emails in less than 5 seconds? If yes, don't miss out the opportunity to join the private waitlist for Tugan.ai by clicking the button below: