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.
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Manage multiple stores; online or offline, single #brand or multi-brand, all at one place, through Reciproci’s flexible #StoreManagement module.
Create your stores and feed in the basic details related to the store. Add your store amenities, #Product Catalogue details and much more. Receive orders for #ClickandDeliver, fire #promotions locally from stores and capture #CustomerJourney details through #HyperProximity.
Assign your respective store staff to a designated store for ease of #operations.
Prepare your stores to drive #CustomerEngagement and improved #experience by configuring “Beacons”. Utilize the benefits of #ProximityMarketing and push out real-time #offers to the #customers who come near your store. More delight ... More Conversions.
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#Reciproci #Technology #Creativity #ExperienceCommerce #CustomerLifetimeValue #CommunityBuilding #Omnichannel #HyperPersonalization #CustomerExperience #ECommerce
