Lifecycle Marketing
Definition
Lifecycle Marketing: Lifecycle marketing tailors messaging and campaigns to where customers are in their relationship with your product. It recognizes that prospects, new users, active customers, and at-risk churners need different communications. By mapping marketing to the customer lifecycle, you increase relevance and maximize lifetime value.
Example Usage
βOur lifecycle marketing includes acquisition ads, onboarding emails, usage-based upsells, and win-back campaigns for churned users.β
Common Misconceptions
Related Terms
Customer Journey Mapping
Customer journey mapping visualizes the complete experience a customer has with your company, from initial awareness through purchase and beyond. It i...
Drip Campaign
A drip campaign is an automated series of emails sent on a schedule or triggered by user actions. Each email 'drips' out over time, gradually nurturin...
Retention Rate
Retention rate measures the percentage of customers who continue using a product over time. It can be measured at various intervals (daily, weekly, mo...
Customer Lifetime Value
Customer Lifetime Value (LTV) is the total revenue a business can expect from a single customer account over the entire relationship. LTV is calculate...
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