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LTV (Lifetime Value)

Definition

The total revenue a customer generates throughout their relationship with a business. Used to determine how much to spend on acquiring customers.

Related Terms

CAC (Customer Acquisition Cost)

The total cost of acquiring a new customer, including marketing and sales expenses. A healthy business has LTV significantly higher than CAC.

ARPU (Average Revenue Per User)

The average revenue generated per user over a specific period. Calculated as Total Revenue / Number of Users. Important for subscription and gaming businesses.

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