The Customer Life Time Value Postulate:

 

  • What is one customer’s value to a business, and what should a business be ready to pay to earn the said customer?
  • It all boils down to a postulation called “Customer Life Time Value” (CLTV), which is used to narrate the estimated value of one customer, to a business.
  • It is essentially the average amount of money made over the lifespan of an average customer, discounted by future Cash Flows.
  • The higher the value, the higher the Marketing Budget can be to acquire each customer.
  • This is not only a crucial concept to understand in business, but also for investors that are looking to put money in Consumer Oriented Companies.

Reciproci is aimed to provide “traditional business” a digital omnichannel edge over their “born-digital” rivals.

Contact Info

Nelson, #111, M Krishnappa Layout Lalbagh Road, Banglore- 560027
contact@www.reciproci.com
+91 (80) 22219722/23

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3 days ago

Reciproci

#closedloopwallets ease the buying of goods and #services with single #vendor issuing such a wallet. They provide seamless #accrual and #redemption of reward points or #loyalty points. These wallets can also be used to add money directly from a #customers bank account.

However money once deposited to the wallet cannot be withdrawn thus #companies are guaranteed with a #sale eventually. Also some companies provide a dedicated check out terminal or free shipping for their #wallet users.

This is very useful in present times when everything is going #contactless, and provides ease of #transaction both to the #business and the #Consumer.

Know more: www.reciproci.com/

#contactlesscommerce #reciproci #technology #creativity #CLV #omnichannel #COVID19 #newnormal
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#Contactless is the buzz word today, and #ContactlessCommerce is coming in, in a very big way. The #NewNormal will see a lot of increase in the use of Closed Loop Wallets they will become a habit. Be ... Prepared!

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