Definition of Customer equity:
Value of potential future revenue generated by a companys customers in a lifetime. A company with high customer equity will be valued at a higher price than a company with a low customer equity.
How to use Customer equity in a sentence?
- The customer equity was huge as most people are able to recognize the brand and after a lifetime of interactions its only right our company is remembered.
- I trusted that our customer equity was great and I thought that it would be an amazing way to become an amazing company.
- You need to have strong customer equity so that you can always trust them to come back to your business.
Meaning of Customer equity & Customer equity Definition