Tag: repeat purchase latency

Predicting when your customer will buy again

When you can find when a customer will make another purchase in your ecommerce store, you can use that knowledge to increase your store’s revenue and decrease it’s inventory costs. Individual customer behavior is impossible to predict but when you’re looking at your customer base as a whole, you can draw some conclusions and make …

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Calculating customer repeat purchase timing for a single customer

At a certain point it can be difficult to understand what your customers are doing in your Shopify store. You’re getting orders, shipping products and managing support every day, but you are having a difficult time connecting the orders to actual customers, let alone figuring out how those customers behave. Behavior is an important quality. …

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