Identifying High-Value Customers: Optimizing Retention Strategies Through Lifetime Value Analysis
Understanding high-value customers is crucial for e-commerce businesses to optimize retention strategies and maximize revenue. Customer lifetime value (CLV) analysis provides valuable insights into how much a customer is worth over their entire lifetime. This prompt guides businesses on how to leverage CLV analysis to identify their most valuable customers and develop targeted retention strategies, resulting in increased customer loyalty, repeat purchases, and long-term growth.
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