FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RVHae1yV9vZnwi9C1SUdly
Label Customer Lifetime Value
Preferred Label N/A
Identifier N/A
Alternative Labels
CLV

Definition

Customer Lifetime Value (CLV) is a metric that represents the total net profit a company expects to earn from a customer throughout their entire relationship. It is calculated by multiplying the average value of a customer transaction by the number of repeat transactions and the average retention time in a specific period.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

None

Parent Class Of 0

  • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available