The First Product Analysis in Repeat Customer Insights has been expanded to include the Average LTV and Average Order Value for both products and variants. This shows how items in the original order will influence later customer behavior across four factors: Average Order Value – order size Repeat Purchase Rate – likelihood of coming back …
Tag: average ltv
Average LTV is now calculated in Repeat Customer Insights
This week I released a new metric for Repeat Customer Insights, your store’s Average LTV. While it can be misused, it is a good metric to watch so you have an idea about how valuable each customer is on average. In the app it’s also segmented by acquisition source. That means you can compare how …