Increasing CLV with repeat customers

- One of the easiest ways to increase…Customer Lifetime Value…is to encourage people to come back to your store.…If you have the best protein bar in terms of flavor…or effectiveness,…then people will most likely come back.…If they love your product,…you don't have to do too much.…This one of the advantages…of creating a high-quality product.…You spend more money on R&D,…branding, product development…but you spend less in acquisition costs.…It is also an advantage for products…that are consumed regularly…like food, supplements, toothpaste, et cetera.…

There's a constant need for these products…and if your store is the customer's go-to source,…you'll get repeat business without too much effort.…Subscription services can spend a lot…to acquire new customers…because the products they sell…automatically bill you every month…which means they have a higher Customer Lifetime Value.…There are three really good ways…to remind people that you exist…and that they should come back,…social media, newsletters and marketing automation.…