Marketing
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What is Customer Lifetime Value? Understanding the LTV Formula
Customer Lifetime Value (LTV) is essential for businesses to shape marketing tactics and allocate resources. By analyzing successful and failed examples, companies can utilize LTV for increased profitability. LTV calculations involve key metrics such as Average Purchase Frequency Rate, Customer Value, and Average Customer Lifespan. Choosing appropriate LTV formulas and enhancing customer satisfaction and loyalty…
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What’s the difference between 2FA and MFA?
2FA is MFA, but MFA is not 2FA. Understanding the difference between the two forms of authentication and the different categories of MFA will help improve account security and assist users in choosing the right type of authentication in the future.