What is the permanent value of Agent Customer Lifetime Value.
What is the permanent value of Agent Customer Lifetime Value? It is no longer only important for the customer to purchase one time, but all companies want to maintain customers for life, where companies make significant profits from permanent customers, so there is great importance for permanent customers, and this is the subject of our conversation today on the website [.E.P.P.] (https://trinavo%.com/).
What is the permanent value of Agent Customer Lifetime Value?
The permanent value of Agent CLV is a measure by which the total income of one client could be expected for a commercial activity during his life. If you buy coffee for 20 years from the same place, you buy coffee every day at a coffee shop close to your house, you earn what's five dollars a day, or $1825 a year.
What is the importance of calculating the permanent value of Agent Customer Lifetime Value
Companies don't care about calculating Agent Cu's permanent value. Stomer Lifetime Value, only to anticipate potential income from the Permanent Agent, but these figures give information to companies and adjust their production through them. Attempting to reach the maximum possible profit from clients can be elaborated on the importance of the client ' s permanent value through the following reasons:
Cost management
Agent Cu's permanent value cost works. The cost of acquisition by the CAC refers to the sums that the company spends to attract new customers, including marketing, sales team performance and offers to convince the customer to buy a product or service, when it succeeds in earning customers ' loyalty and converting them to permanent customers, would certainly not be able to control and reduce the cost over time.
Know the best products or services of the company
All companies do not provide the same product or service, many companies operate on the basis of the provision of a different set of products or services; the customer ' s age value is not necessarily the same in all the company ' s products, but makes a difference as a result of the different resources used in production when calculating the permanent value of Agent Cu. The company will know:
- A producer with the highest profit: when calculating CLV for each individual producer, with an average value, the company will be able to identify the producer with the highest profit.
- Thus, it can try to tempt clients to purchase this product without others, and redouble marketing efforts to sell it.
- Products that clients want at the highest CLV value are possible: of course, it is not necessary for clients to come with the most profitable product, even with marketing efforts.
- Therefore, the company can identify other products that customers want, and give them the highest possible CLV value.
- This does not mean that products are higher in sales, because they may be more expensive. So winning is not the best.
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" Knowing the best agents of the company
As the products supplied by the company differ, the permanent value of Agent Cu differs. Of course, it is not necessary for the customer to purchase only one product, but may wish to get more than one, when the customer goes to the coffee shop, even with a preference for coffee, it is sometimes possible to buy other drinks, and thus, through the client information analyses owned by the company, mainly by reference to different customers, it will be able to gain the profit of its most important clients. The company can calculate CLV for each group, thus knowing who deserves its marketing efforts to attract more of them to purchase, as well as keep them on a continuous basis.
) Measuring your presentation quality
Companies certainly seek to increase customer retention, so they are awarded a variety of offers, customer loyalty programmes and other methods when they know the permanent value of Agent Cu. Stomer Lifetime Value, specifically the permanent agent who gives the company the best profit, it will be possible to evaluate the performance [hyper presentation] (https://ar.wikipedia.org/wiki/%D8%B9% with the best bids 8% D8%D. As long as they give the company the best profit, they deserve more attention. This can lead to an increase in their numbers, thus multipliering the profits achieved through them.
