Customer lifetime value (CLV) or lifetime value of a customer (LTV)
Term · Logistics and supply chain · MLC-T-LOG-000064
A financial projection of the total revenue a business expects to generate from a single customer over the entire period of their relationship. This metric considers repeat purchases and ongoing engagement rather than just initial transactions. It provides insight into the long-term profitability of customer relationships.
| Identifier | MLC-T-LOG-000064 |
|---|---|
| Field | Logistics and supply chain |
| Abbreviation | LTV |
Record as JSON
{
"id": "MLC-T-LOG-000064",
"term": "Customer lifetime value (CLV) or lifetime value of a customer (LTV)",
"field": "Logistics and supply chain",
"definition": "A financial projection of the total revenue a business expects to generate from a single customer over the entire period of their relationship. This metric considers repeat purchases and ongoing engagement rather than just initial transactions. It provides insight into the long-term profitability of customer relationships.",
"abbreviation": "LTV",
"url": "https://mlchart.com/terminology/logistics/customer-lifetime-value-clv-or-lifetime-value-of-a-customer-ltv/"
}
Record 70 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.