Some strategies to increase LTV (Lifetime Value) include improving the product or service quality, implementing a customer loyalty program, offering upsells and cross-sells, and providing excellent customer service. Regular communication with customers through newsletters or social media can also help increase LTV. It's also important to analyze customer behavior and feedback to understand what they value and what improvements can be made.
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Need to evaluate the best pricing strategy for a product? This Pricing Strategy spreadsheet includes the top pricing tools to evaluate cost, feature,...
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Need to evaluate the best pricing strategy for a product? Our spreadsheet template includes the top five pricing tools to evaluate cost, features, market share, competition, and customer price sensitivity to pick the right price for the right market. Adjust and analyze pricing to maximize profit margin for any product based on key metrics such as LTV, CAC, COGS, market share gained, or customer price perception.
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