Please login to the form below

Not currently logged in
Email:
Password:

Healthcare Glossary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W |

Long term value (LTV)

The value of a company or product over an extended period of time.
Businesses often classify their customer base in terms of the customers' predicted long-term value (LTV). LTV may influence marketing strategies, particularly CRM and concern resolution. Within the marketing field LTV may be referenced with Customer Lifetime Value (CLV), Lifetime Customer Value (LCV), or Lifetime Value (also LTV) these being considered as the net present value of the cash flows attributed to the relationship with a customer.

See also:
Customer lifetime value (CLV)
Customer relationship management (CRM)

COMMENT ON THIS DEFINITIONSUGGEST A NEW TERM

Featured jobs

Subscribe to our email news alerts

PMHub

Add my company
Virgo Health

Virgo Health is an award-winning global healthcare communications and medical education agency comprising specialists with some of the best skills,...

Infographics