LTV is an important metric because it helps businesses understand the overall value of their customer base and make decisions about how much to invest in retaining customers.
How to Calculate Customer Lifetime Value (LTV)
Oct 15, 2023 Updated: Mar 18, 20241 minute read
By: Jack Nicholaisen
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About the Author
Jack Nicholaisen
Jack Nicholaisen is the founder of Businessinitiative.org. After acheiving the rank of Eagle Scout and studying Civil Engineering at Milwaukee School of Engineering (MSOE), he has spent the last 4 years disecting the mess of informaiton online about LLCs in order to help aspiring entrepreneurs and established business owners better understand everything there is to know about starting, running, and growing Limited Liability Companies and other business entities.