Why You Need to Care About CLV (Customer Lifetime Value)
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Description
Today, we'll unravel the secrets behind Customer Lifetime Value (CLV), the unsung hero of business growth. We'll delve into why CLV should be your North Star metric, far surpassing short-term gains. We'll explore innovative strategies to engineer long-lasting customer loyalty, from implementing pre-boarding experiences to reducing churn. We'll then discuss the secret weapon: subscriptions, and how they're revolutionizing industries beyond software. Finally, we'll draw inspiration from real-world examples of companies that have mastered the art of CLV, providing you with a blueprint to build a thriving, customer-centric business. -- The 10 Minute MBA, is a no-fluff daily podcast that teaches you practical business lessons you can use to grow your business immediately. Success Story Podcast (successstorypodcast.com) YouTube (https://youtube.com/c/scottdclary) Newsletter (https://newsletter.scottdclary.com) Twitter: https://twitter.com/scottdclary Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy
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