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Posted on : 20-02-2009 | By : Peter Lawless | In : Coaching Ireland

Tags: business success, company success, customer lifetime, customer lifetime value, lifetime value, measuring success

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business success, customer lifetime, customer lifetime value, lifetime value, company success, measuring success

When I ask, all the people that I meet in business, if they know their top 10 customers, most proudly announce that they do. Then, when I then ask who their top 10 most profitable customers are, it is normally a very different look. Do you know? And why would you care?

This article explores the importance of knowing the lifetime value of your customers and how to calculate it. This way, you can spot trends as they happen, and make the most from them.

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Technorati Tags: business success, customer lifetime, customer lifetime value, lifetime value, company success, measuring success