Suppose I have acquired 103,304 customers for a transaction-based business at 12 months into the business and their number has increased at a monthly rate of 40% (from month 1, in which 2,551 customers were acquired). Assume 103,304 represents the total number of new customers (active or dead) acquired over the 12 month period.
If there is one fixed-price product/service worth $10 that each customer makes 4 purchases of across a 6 month period (1 every 1.5 months) and then ceases to be a customer, how can I calculate my total revenue by month 12?
I know that I'm something of an interloper in this forum, but I'll absolutely accept an answer and up-vote all good ones.