LTV
Lifetime Value (LTV) is a metric that estimates the total revenue a business can expect from a single customer account throughout their relationship.
352 topics found for
“business strategy”
BPEL
Business Process Execution Language (BPEL) is a language for specifying business process behaviors based on web services.
MRD
Market Requirements Document (MRD) is a comprehensive document that outlines the market's needs, target audience, and business objectives for a product.
Customer Loyalty
The likelihood that a customer will continue to buy from a particular company or brand over time.
Customer Attrition
The loss of customers over a specific period, also known as customer churn.
Transparency
The practice of being open and honest about operations, decisions, and business practices, fostering trust and accountability.
CAC
Customer Acquisition Cost (CAC) is the total cost associated with acquiring a new customer, including marketing and sales expenses.
Predictive Analytics
The use of statistical techniques and algorithms to analyze historical data and make predictions about future outcomes.
Churn
The rate at which customers stop using a product or service, often used as a metric to measure customer retention.