Two things every business and non-profit needs to know:
- How much does it cost you to get one new customer?
- On average, what's that customer worth over the relationship you have with her?
The internet revolutionizes both sides of the equation.
For more, read Seth's Blog: Lifetime value of a customer/cost per customer
Related articles
- How to downgrade by Seth Godin (kennykellogg.com)
- Seth's Blog - Seth Godin (spiceofyourlife.wordpress.com)
- Seth Godin on The Great Discontent (swiss-miss.com)
- Seth's Blog: The curse of incremental improvement (sethgodin.typepad.com)
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