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Customer Lifetime Value In Marketing

oboloo Glossary

Customer Lifetime Value In Marketing

Customer Lifetime Value in Marketing is the monetary worth of a customer to your business over the course of their entire lifecycle with you. It’s an important metric used to measure how much revenue a customer can be expected to generate for your organization. The higher the value, the more profitable and sustainable a customer will be in the long run. By understanding Customer Lifetime Value, you can make informed decisions about who to target, where to focus your marketing efforts, and what tactics are most effective.

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