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Content provided by Klaviyo Data Science Team. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Klaviyo Data Science Team or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
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Klaviyo Data Science Podcast EP 10 | Once in a (customer) lifetime

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Manage episode 317314466 series 3251385
Content provided by Klaviyo Data Science Team. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Klaviyo Data Science Team or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Welcome back to the Klaviyo Data Science podcast! This episode, we dive into…

Understanding your Customer Lifetime Value

This is a math-heavier episode than usual — we’re going to dive into probabilistic distributions and talk about systems of estimators. Even if that’s not your background, though, you should still find this episode useful. That discussion is all based in something crucial to real-life businesses around the world: customer lifetime value, or CLV. What exactly does CLV tell you, how exactly is it calculated and predicted, and why exactly does it matter to your business? You’ll hear about all that and more, including:

  • Statistical approaches to modeling customer behavior
  • Difficulties that arise when customers don’t act exactly like they’re modeled
  • How the humble Tungsten cube can teach us about the entire customer journey

Contact me

The best place to reach the podcast is by messaging me on Twitter: https://twitter.com/lawson_m_t.

  continue reading

58 episodes

Artwork
iconShare
 
Manage episode 317314466 series 3251385
Content provided by Klaviyo Data Science Team. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Klaviyo Data Science Team or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Welcome back to the Klaviyo Data Science podcast! This episode, we dive into…

Understanding your Customer Lifetime Value

This is a math-heavier episode than usual — we’re going to dive into probabilistic distributions and talk about systems of estimators. Even if that’s not your background, though, you should still find this episode useful. That discussion is all based in something crucial to real-life businesses around the world: customer lifetime value, or CLV. What exactly does CLV tell you, how exactly is it calculated and predicted, and why exactly does it matter to your business? You’ll hear about all that and more, including:

  • Statistical approaches to modeling customer behavior
  • Difficulties that arise when customers don’t act exactly like they’re modeled
  • How the humble Tungsten cube can teach us about the entire customer journey

Contact me

The best place to reach the podcast is by messaging me on Twitter: https://twitter.com/lawson_m_t.

  continue reading

58 episodes

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