Gurley dispels the myth of The Church of Lifetime Value of the Customer (LTV)

Some people wield the LTV model as if they were Yoda with a light saber; “Look at this amazing weapon I know how to use!” Unfortunately, it is not that amazing, it’s not that unique to understand, and it is not a weapon, it’s a tool. Companies need a sustainable competitive advantage that is independent of their variable marketing campaigns. You can’t win a fight with a measuring tape.

via The Dangerous Seduction of the Lifetime Value (LTV) Formula « abovethecrowd.com.

Leave a Reply

You May Also Like

When the legends respond

…it makes you want to stay in their Tribe. Because they really are just like you, aren’t they? Thanks,…

The Rule of 3

The best way to become quickly knowledgeable is to find the right people and talk to them. Of…