There are a lot of metrics that you might use to determine how well your business is doing. But if you had to choose a single most important metric, what would it be?
Number of new customers? Average purchase size? Overall revenue? Web traffic?
All of those are important, but none are as critical as customer lifetime value (CLV) .
Defining Customer Lifetime Value
Customer lifetime value is the amount of profit a company can expect to earn over the entirety of their business relationship with the average customer.
Let’s look at how to...
Pexels - CC0 License
Perhaps one of the easiest things to do is to restrict yourself. This may not be a result of insecurity or incompetence, but simply being unaware of the potential that you may hold. For example, it’s not uncommon for many professionals to join a certain field, to grow and get promoted, and thus to find themselves tied to one company for most of their lives. There’s nothing necessarily wrong with this, but it can show that if we’re comfortable, we can sometimes avoid branching out as we may have planned previously.
If you find yourself setting...
Every year in the United States, thousands of patients undergo breast augmentation surgeries. Some of these surgeries involve patients having breast implants placed to enhance or replace breast tissue. Like all other manufacturers of goods, breast implant manufacturers are held to the same safety standards under the law. This means that, just like other product manufacturers, the makers of breast implants have a duty to provide safe products to their consumers.
“If the manufacturer fails to provide a safe product or provides one that causes injury to the consumer, they may ultimately...
The MORE Act Offers Relief to Individuals with Federal Marijuana Convictions and Juvenile Adjudications
The United States House of Representatives Judiciary Committee recently passed a bill titled the Marijuana Opportunity Reinvestment and Expungement Act of 2019, or the MORE Act. If passed by the full House and approved by the United States Senate, marijuana would no longer be considered a federally controlled substance, the impact of which is far-reaching.
Currently, marijuana is categorized as a federally controlled substance, along with other substances such as heroin. The MORE Act proposes to decriminalize marijuana by striking it from this list. “With already 33 states and the...
Hair loss affects a large number of people per year and can be caused by a whole number of different variables, all of which can be either reversed or prevented. But with many struggling to reduce thinning and keep hair strong, it can seem like an impossible task. In this article, we have listed 5 common causes of hair loss that could be causing your hair loss and providing you with the solution to overcome it.
One of the most common causes of hair loss is stress, particularly if you are working full time. With business meetings, deadlines and office politics all contributing...
If you’ve ever thought about starting your own business, you’re probably aware that both good and bad startup ideas can pop up in your head at any time.
Before you get a hold on to how to make that idea work, it disappears into thin air.
Here’s a secret: people who write down their goals and describe them vividly are 1.2 to 1.4 times more likely to accomplish them. I know it sounds cliché but you need to write that business idea down if you want it to work for you.
But there’s more to making a business idea work than noting it down. For starters, you need to conduct...
Being a homeowner comes with a vast range of responsibilities, lots of which can be extremely expensive. Most homeowners are always on the lookout to find ways of saving money when it comes to maintaining their homes. Whether you are in the middle of a large scale renovation or remodel, or you are just adding little touches here and there, there are always ways that you can save money in the longer run. Here are just some of the home improvements that you can do, which will end up saving you money in the future.
Image: Pixabay CC0 LicenseInstall ceiling...
Creating a comfortable and enjoyable office environment is something that all business owners and entrepreneurs should strive for if they want to push their company towards further growth and success. You can have the best people around with the most high-tech gear, but this is all for nought if no one enjoys being there, so to ensure success, it’s best to start with the basics.
From delicious drinking water to flexible hours, along with plenty of light, fresh air, and an orderly office in between, here is how you can improve...
Converting PDF into other formats is now a growing demand in the corporate domain. Although PDF is probably the best format in which to share and store text, tables, and visual information, users sometimes need to manipulate the data on native applications, which means converting the document into a Word, Excel, or PowerPoint file. In other cases, you may want the output as an image file. Whatever your purpose, there are a couple of ways to do this. But, first, let’s have a glimpse of what’s to come. Here are 5 solutions to convert PDF for free.
A new year brings the widest range of new, fresh ideas – and 2020 is definitely looking promising when it comes to fashion and, more than ever, bling. From oversize statement pieces to lucite and tortoise shells, there’s no time to get bored this year. Next, we’re taking a look at the hottest jewelry trends on the horizon for 2020.
Image Source: https://i.pinimg.com/564x/2d/7e/96/2d7e96fd2cfb94973400e2315cdd9d7b.jpg
Twisty chokers, geometric earrings and bangles are all welcoming this hot new trend: lucite! Plastic galore...