Tuesday, September 13, 2011

The Lifetime value of a customer

The Lifetime value of a customer has been an interesting concept discussed in the business world, but I've never seen a good illustration on how to calculate it. Here's an interesting article on it, although it's hard to say this is accurate, but that's just how the cookie crumbles.

http://www.fastcodesign.com/1664927/infographic-of-the-day-how-to-calculate-a-customers-value?partner=homepage_newsletter