Should I track Black Friday lifetime value?
As an e-commerce business owner preparing for Black Friday, I'm struggling to understand the long-term impact of my holiday sales strategy. While immediate revenue is important, I want to know if tracking lifetime value (LTV) during this high-intensity shopping period can provide deeper insights into customer acquisition and retention. I'm curious about the methods, benefits, and potential challenges of measuring lifetime value specifically for Black Friday customers, and how this data might inform future marketing and promotional decisions.