It is the cumulative value of the
customers that stay with you for a long time
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These customers worth initially the entire series of
purchases they have made over time
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Plus that they will bring you more customers, acting
as a mobile marketing station for you
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Plus that they are so easy to be brought back again if
they drift away for some time
So, you need to know the lifetime
value of your lifetime customers be answering these questions
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How much does it cost to acquire a customer?
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How much does it cost to keep him?
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How much does he pay you over his staying?
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What is the average period they tend to stay with you?
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How many customers come to you based on their
recommendation?
If you find that their value is high
enough, it is totally worth it to give away some money to keep them around
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