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- November 6th, 2022, 10:35 am
- Forum: Off Topic
- Topic: Now You Know That Calculating Customer Lifetime Value for Your Business is Not Terribly Difficult
- Replies: 0
- Views: 4667
Now You Know That Calculating Customer Lifetime Value for Your Business is Not Terribly Difficult
The gross margin is around 5 euros once all expenses related to marketing plans , advertising and customer acquisition strategies have been taken into account. Here is the calculation of the customer lifetime value: 10 (Number of Purchases) X 10 Euros (Value of Each Purchase) X 5 Euros (Gross Margin...