You’ve been given a chance to set the marketing success metrics for a thriving business with many repeat loyal customers. Which measurement is probably the best one to use?
- Revenue
- Profit
- Profit margin
- Lifetime value
Businesses run on profit (not profit margin or revenue), so for many companies that would be the best metric. But if you have repeat customers and you can calculate lifetime value, you’re far better off. You’ll optimize your marketing around attracting high value customers and you’ll focus on what’s need to keep them in your camp once acquired. Learn more about lifetime value.







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