• A Guide To Forex To Get You Started

    Business

    Learning about the forex market can be a very complicated thing to do. You will have to do a lot of research and a lot of practicing before you want to put in your money. This article will show you how to gain income from using the forex market.

    When considering trading, choose your broker carefully. Make sure he is qualified and his views on trading match your expectations. Also have an idea of the software being used and customer service that is offered. Finding a broker that suits your trading style can result in a better experience and more profitable gains.

    The best forex traders maintain a constant calm when they trade. Seeing profits tempts a trader in to undue enthusiasm, but the experienced trader resists these urges. Being swayed by emotional energy leads a trader into making ill-considered trades that neglect his or her risk. A good deal …

  • Customer Lifetime Value: An Easy Guide For Beginners

    Business

    Customer lifetime value (CLV) is an important metric for any business owner to understand the performance of their marketing campaigns and business in general. By understanding this important metric, you will be able to improve marketing campaigns, prioritize digital marketing investments and increase sales by producing better content for your customers.

    What does customer lifetime value mean?

    Customer lifetime value (CLV) is the total profit generated by a customer during their time with your company. It’s similar in concept to revenue, but instead of focusing on how much money you bring in, CLV looks at how much value they bring in. In other words:

    • Customer Lifetime Value = Total Profit Generated by a Customer during the period of their lifetime
    • Total Profit Generated by a Customer = The total amount of money spent by them throughout their relationship with your business

    How to calculate CLV for your business?

    First, …

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