What Can You Do to Increase Your App’s Customer Lifetime Value?
No business owners know how long a relationship with a customer lasts. But businesses can predict the revenues and profits a customer is going to bring-in in the future, be that months or years. They use this data to know the health of their businesses, limit spending, and set future goals to grow their businesses. In this post, we explain how you can use this data and what you should do to retain your customers.
Whether you're trying to locating friends, finding the nearest restaurant or advertising deals to shoppers walking around, location-based services (LBS) gives you access to relevant, up-to-date information about the surroundings, no matter if you're a buyer or a seller. Here is a brief look at how it works and what others are doing with it.