Both correctly identifying the underlying components and calculating the end result have been the focus of numerous academic studies.
To say that it can be complicated would be an understatement.
Few things can be as frustrating when looking through photos and videos captured during an event as the realization that some of your videos are accidentally sideways.
Especially now with smartphones being as popular as they are, if you have your screen rotation locked or your phone didn’t rotate the device before you hit record, your video is now sideway or upside down.
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However, CLV is not about any one customer; it is about stepping back and taking a look at your customer base as a whole — understanding that while some never return and some never leave, on average there is a typical customer lifetime and that lifetime has a specific economic value.
For instance, if it costs you 0 to acquire a customer, and your customer’s CLV is , then we’ve got a problem Houston.
Fortunately, there are plenty of apps for this kind of problem.
Whether you’re on i OS, Android, Windows Phone, or anything else all you need to do is search for “rotate video” in your app store and you’ll be presented with several options.