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Optimizing for Retention & Repeat Purchases with Eric Davis

Optimizing for Retention & Repeat Purchases with Eric Davis

FromThe Unofficial Shopify Podcast: Entrepreneur Tales


Optimizing for Retention & Repeat Purchases with Eric Davis

FromThe Unofficial Shopify Podcast: Entrepreneur Tales

ratings:
Length:
30 minutes
Released:
Aug 23, 2016
Format:
Podcast episode

Description

Building a base of loyal and repeat customers is a top goal of many Shopify stores.
Unfortunately, it's difficult to find what characteristics these valuable customers share so stores end up with weak, generic customer retention plans which lose them customers.
Instead, by focusing on three key metrics for your repeat customers in your retention plan, you can keep those customers loyal and grow your store's revenue.
Eric Davis joins us to walk through why what key metrics we should be checking, and why. He's suited to discuss it as his consultancy, Little Stream Software, helps ecommerce entrepreneurs customize their Shopify stores using public and private Shopify Apps.

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Learn:

Why your repeat purchase rate is an excellent measure of your future success
How to calculate your repeat purchase rate and average order values
Why defining the path of your ideal customer can help you evaluate marketing and retention tactics
Why focusing on repeat customers can have an out-sized ROI impact on your revenue

Links:

Eric's free course on repeat customer metrics: http://www.littlestreamsoftware.com/l/unofficial-shopify/
Repeat Customer Insights App: http://apps.shopify.com/repeat-customer-insights
http://www.littlestreamsoftware.com
Twitter: https://twitter.com/littlestreamsw

Free Guide
I want to send you a sample chapter of Ecommerce Bootcamp, absolutely free.
Tell me where to send your sample at ecommerce-bootcamp.com
Released:
Aug 23, 2016
Format:
Podcast episode

Titles in the series (100)

“How's an entrepreneur like me supposed to grow my Shopify store?” That's what The Unofficial Shopify Podcast aims to answer. Discover new opportunities to grow your store from the world’s most successful Shopify entrepreneurs. Hosted by Kurt Elster, a senior ecommerce consultant and Shopify Plus Partner, The Unofficial Shopify Podcast is not authorized, endorsed, or sponsored by Shopify– It's a no holds barred discussion of ecommerce growth strategy & tactics.