Simple CLV Calculator 118001
Free Version
Publisher Description
Simple CLV Calculator - Calculate customer lifetime value (CLV), so called LTV
So you managed to get that customer to buy from you! You made the sale… and is that all? Not at all; it is a mistake to consider that a customer is only worth the profit you get from that one sale. Have you considered this customer could be repeated and then buying again from you? Yeah!
In fact, the type of customers we like are those that buy (and pay), and repeatedly in time will be buying again and again. However, no love story has been forever, and your customer will end up buying elsewhere; do not take it personal, but there are many reasons that this will happen, and marketers should know at which rate your business loses customers (i.e. loyalty, retention).
If you consider this cycle, you are capable of calculating the average profit per customer and estimate the average customer life (as your customer), then you should be able to calculate how much a customer is worth to your business: the customer lifetime value (CLV).
This calculator will allow you to estimate the CLV the simpler way; when the sales cycle is not too complicated you can approximate the calculation by using the 'turnover', 'number of customers', and 'churn rate' (% of customers that stop buying from you every month). When you need a more accurate value, you can do so by inputing the profit margin, and the interest rate.
About Simple CLV Calculator
Simple CLV Calculator is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Simple CLV Calculator is Business Research & Applications Limited. The latest version released by its developer is 118001.
To install Simple CLV Calculator on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2017-11-26 and was downloaded 16 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Simple CLV Calculator as malware as malware if the download link to appinventor.ai_admin.SimpleCLVCalculator is broken.
How to install Simple CLV Calculator on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Simple CLV Calculator is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Simple CLV Calculator will be shown. Click on Accept to continue the process.
- Simple CLV Calculator will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
