Segment value · The lifetime value · Element
The spend
What a customer in this segment spends per period.
The part
What it is
Including expansion over time, since initial purchase and mature spend differ substantially in most businesses.
Averages hide the distribution; a segment with a few very large customers is a different proposition from one with many similar ones.
The smallest level
The attributes it carries
Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.
The other elements in the lifetime value
The duration
How long a customer in this segment stays.
LearnThe value
The resulting figure, on contribution rather than revenue.
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