Lifetime Value Analysis
Stretch your marketing dollars with a clear understanding of your customer Life Time Value.
From selling cups of coffee to IT solutions, knowing your customer types and their average LTV is necessary for intelligent allocation of marketing budget. Whether you need to invest more into your adwords campaign, launch a loyalty program or refocus your efforts on a different audience entirely, understanding your customer LTV helps you optimise your marketing strategy for revenue. Elevate can provide a working model that will help you make data driven marketing decisions.
Cost of Acquisition
Understanding your average cost of acquisition determines how much you can comfortably spend on marketing and sales. In addition, understanding which types of customers are most valuable to target will help prioritise marketing and sales activities for revenue.
On average it costs a business 70% more to acquire a new customer than it does to retain an existing one. Make sure your business is growing by understanding how much you should be spending to retain each of your customer types. We can help you measure the effectiveness of your current retention capabilities and advise you on the most profitable way to move forwards.
Are you making the most of your existing customer base? Increasing your existing customer spend by just 5% can have a huge impact on your revenue. We can help determine areas of opportunity and put together strategies to make sure you are getting the most bang for your buck.
Start Your Brand Journey
Begin building your brand with Elevate’s design team and experience the studio’s passion for making great work with great people for great clients.
The Elevate team were super responsive to my business needs. They just know how to make the phone ring. Life savers!
Shout out to my girl Emily for the best customer service experience of my life, bar none. I'm proud to run campaigns with Elevate
Elevate exceeded my expectations of web design and development, giving me a high quality, lead-generating business asset!