Customer Lifetime Value is a metric, displaying the profit that a customer has brought during the whole time of interaction with a company or a brand. The easiest way to calculate CLV is to multiply average annual customer profit with an average customer retention duration.
CLV provides an understanding of necessary expenses on customer acquisition, segmenting clients through their value for creating better offers and effective targeting. Finally, it helps to enhance the user experience for all customers’ categories.
The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.
A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!
Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.