I believe to have a successful product / service, you need to fill a need that clients and customers have. My question is how do you find, spot, identify or realize a need is there?
I'm trying to calculate average customer lifetime value of a membership site. The data available to me is unfortunately either incomplete or very simplistic (or else I don't know how to extract...
For simplicity assume conversion rate is 10%, and margin is 50%. How much should I pay for the visitor in relation to the lifetime value of the customer? PPC/10% < LTV*50% has to be true, but...
I work for a large complex company, I delibrately do not want to say, which business it is in, in order to make this discussion general. In this company, as in many others, there are lots of...