When figuring out how to profitably acquire customers, you need to know how long a customer will stick around. It’s a big difference if your customers only order one or two times VS a dozen times. Customer LTV can be used with this but it looks way in the past and would be like trying …
Tag: average orders per customer
What you can do once you know your Average Orders per Customer
Once you calculate your Shopify store’s average orders per customer, you have the data needed to answer a variety of questions. Should you design a loyalty program around 5 orders or 10 orders? When should bonus gifts be added to an order? Are customers only ordering a second or third time, or are they ordering …
How many times do your customers come back: the Average Orders per Customer metric
There’s a new metric added to Repeat Customer Insights, Average orders per customer: This will tell you how many purchases you could expect an average customer to make. Some will make more orders, some will make less, but on average you’ll get this many orders from them. You can use this along with your Average …