Cryptocurrency Q&A
What is a good CLV score?
What is a good CLV score?
Elena
Sun Oct 27 2024
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6 answers
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I'm trying to understand what constitutes a good CLV score. I know it stands for Customer Lifetime Value, but I'm not sure what range or benchmark is considered 'good'.
6 answers
Claudio
Mon Oct 28 2024
Specifically, a CLV that is 3-5 times your customer acquisition cost is considered an excellent range.
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Maria
Mon Oct 28 2024
Achieving a favorable customer lifetime value (CLV) is crucial for businesses.
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Tommaso
Mon Oct 28 2024
This ratio indicates that your customers are providing substantial long-term revenue.
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RobertJohnson
Mon Oct 28 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that can contribute to high CLV.
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Caterina
Mon Oct 28 2024
Ideally, this value should surpass the expenses incurred in acquiring new customers.
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