When you think about your clients, you should
be thinking about the LIFETIME value to your business.
Below is an exercise for you work out that lifetime value. The
results may really surprise you.
Lifetime Value of a Client
Average sale =
Number of sales per year =
Number of years client buys from you =
Rule of thumb
used is 10 years
Number of referrals from clients =
Percentage of referrals who become clients =
%
Gross sales per year (AxB) =
Gross sales over lifetime of customer (FxC) =
Referrals who become clients (DxE) =
Gross sales from referrals (GxH) =
Total value of satisfied clients (G+I) =
Angel Consulting --- Marketing, Advertising
Promotional Tactics and Resources
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