LTV by Channel Calculator

Compare customer lifetime value and acquisition cost across marketing channels to identify which channels deliver genuinely profitable customers.

📊 Marketing📐 Channel LTV:CAC = (channel ARPA × margin / channel churn) / channel CAC💼 Business
Channel A — monthly ARPA
Channel A — monthly churn (%)
Channel A — CAC
Channel B — monthly ARPA
Channel B — monthly churn (%)
Channel B — CAC
Gross margin (%)
Please enter valid values.

Formula & Reference

VariableSymbolFormulaUnits
LTV by Channel CalculatorChannel LTV:CAC = (channel ARPA × margin / channel churn) / channel CACratio

Step-by-Step Examples

Example 1
Cheap vs Valuable

Channel A: ARPA 95, churn 3.5%, CAC 620. Channel B: ARPA 140, churn 2.0%, CAC 1,450. Margin 80%.

  • A: LTV = 95 × 0.80 / 0.035 = 2,171, ratio 3.50:1, payback 8.2 months
  • B: LTV = 140 × 0.80 / 0.020 = 5,600, ratio 3.86:1, payback 12.9 months
  • B has higher CAC but better lifetime economics
  • Blended analysis would have hidden this
✓ A 3.50:1, B 3.86:1 — B is better despite higher CAC
Example 2
Cheap but Poor

Channel A: ARPA 40, churn 9%, CAC 300. Channel B: ARPA 120, churn 2.5%, CAC 1,100.

  • A: LTV = 40 × 0.80 / 0.09 = 356, ratio 1.19:1
  • B: LTV = 3,840, ratio 3.49:1
  • A looks cheap but barely returns its acquisition cost
✓ A 1.19:1 — cheap acquisition, poor customers
Example 3
Payback Trade-Off

Channel with 3.86:1 ratio but 12.9 month payback versus 3.50:1 at 8.2 months.

  • The better ratio takes 4.7 months longer to recover cash
  • For a cash-constrained business, faster payback may matter more than total return
✓ Ratio and payback can point different ways

Real-World Applications

Common Mistakes to Avoid

⚠️
Optimising for lowest CAC

Cheap channels often deliver customers who churn quickly. Low CAC with high churn can produce worse economics than expensive high-quality acquisition.

⚠️
Using blended churn across channels

Churn varies substantially by acquisition source. Applying one blended rate to every channel destroys the entire point of the analysis.

⚠️
Ignoring payback period alongside ratio

A strong LTV:CAC with a long payback strains cash. Both dimensions matter, particularly for businesses funding growth from operations.

Frequently Asked Questions

Why calculate LTV by channel?
Because channels produce customers with different retention and spending behaviour. Blended figures hide channels that are unprofitable or exceptional.
What causes churn to vary by channel?
Intent and fit. Customers arriving from high-intent search typically retain better than those from broad interruptive advertising.
Should I always fund the highest LTV:CAC channel?
Usually, but channels have volume ceilings. The best channel often cannot absorb unlimited budget, so allocation spans several.
How does payback period factor in?
It determines cash strain. A channel with a good ratio but a long payback consumes cash for longer before recovering it.
How much data do I need per channel?
Enough cohort history to observe actual retention. Estimating channel churn from a few months of data on small cohorts is unreliable.

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