Customer lifetime value

What is Customer Lifetime Value?

Customer lifetime value goes by many names and abbreviations including CLV, lifetime value, user lifetime value, LTV and CLTV. Although its designations are far-reaching, they all share one general definition:

“The net present value of the cash flow relationship with a customer.”

-  http://www.zurb.com

More specifically:

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New Year's Resolutions for Marketers - Part III

Editors note: this is the third post in a series we have invited some of our partners and members to contribute.

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