Cryptocurrency Q&A What is the 80 20 rule in CLV?

What is the 80 20 rule in CLV?

CryptoVanguard CryptoVanguard Sat Aug 17 2024 | 7 answers 1760
Could you please elaborate on the 80/20 rule in the context of Customer Lifetime Value (CLV)? How does this principle apply when analyzing and optimizing a company's customer base? Does it suggest that a significant portion of a company's revenue comes from a relatively small group of customers? If so, how can businesses leverage this insight to enhance their marketing and retention strategies? What is the 80 20 rule in CLV?

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