Marshall

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Combining all these forms of data, the value of a producer can be calculated using traditional lifetime value (LTV) models used in many kinds of businesses. These models capture the mechanism by which repeat producers provide recurring platform revenues without incurring additional acquisition costs—that is, expenses incurred by the platform in attracting and engaging these producers.
Platform Revolution: How Networked Markets Are Transforming the Economy and How to Make Them Work for You: How Networked Markets Are Transforming the Economy―and How to Make Them Work for You
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