Below are links to a series of articles I published on LinkedIn on value-based product and pricing strategy. I offer it as a starter kit for anyone interested in quantifying customer value. I plan to add other chapters in the near future.
- Why you should care about your product’s value
- What is value
- How to quantify the value of your product
I’m happy to discuss/connect/collaborate with anyone in the community on this topic.
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Looks like the beginning of a great book!
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Here’s a brief introduction to Customer Lifetime Value (CLV) along with some methods to calculate it. Would love to hear your thoughts or approaches on this topic!
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Anubhav,
Excellent article. Customer Lifetime Value is an equally important concept for subscription businesses to know. It measure Value from the vendor’s perspective.
It is a distinct concept from Value from the customer’s perspective, however. Which is my focus.
No doubt these two Value frameworks are linked.
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I just started a FREE newsletter on Substack called the Valorizer. Please take a look and subscribe!
Customer Lifetime Value needs to be smaller, significantly smaller, than value to customer. This needs its own acronym. I like V2C for value to customer.
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I just finished my 6-part series on value-based product & pricing strategy. All available on Substack for free: https://edarnold1.substack.com/
- Why You Should Care About Your Product’s Value
- What is Value?
- How to Quantify the Value of Your Product
- How do you Validate Customer Value?
- The Secret Sauce of Value Selling
- Value Selling Best Practices
Comments and questions are welcomed.
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