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Average Customer Lifetime Value By Industry

oboloo Glossary

Average Customer Lifetime Value By Industry

Average Customer Lifetime Value (ACLV) by industry is an important metric used to measure the profitability of business relationships. It looks at the total revenue generated by a customer over their entire relationship with a brand, divided by the number of customers they have interacted with. By examining this number across different industries, businesses can gain insight into how much money they should be spending on marketing and customer service. With a deeper understanding of their ACLV by industry, companies can make better decisions about where to focus their resources in order to maximize the lifetime value of their customer relationships.

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