AnalyticsMarketing glossary

Customer Lifetime Value (LTV)

Also known as: LTV, CLV, Lifetime Value

LTV (Customer Lifetime Value) is the total profit a business can expect from a single customer across the entire relationship.

LTV changes how you see marketing — from a cost to an investment. If you know a customer is worth ₹15,000 over their lifetime, you can confidently spend more to get them than a competitor who only counts the first purchase.

The key inputs are average order value, how often customers buy, and how long they stay (or churn rate for subscriptions). Improving retention raises LTV without spending anything extra on acquisition.

LTV is most powerful as a ratio with CAC. An LTV:CAC of 3:1 means healthy economics; a very high ratio with slow growth can mean you are actually under-spending on growth and leaving demand on the table.

Formula

LTV ≈ Average order value × Purchase frequency × Customer lifespan × Gross margin

Example

₹2,000 average order × 4 orders/year × 3 years × 50% margin = ₹12,000 LTV.

Related terms

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