Analyzing purchase history is the key to customer retention

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Reference no: EM132872466

Transactional Data

Number of orders

Analyzing purchase history is the key to customer retention. When building customer segments, treat buyers with 2 purchases differently than those with 4 purchases. Improving the number of orders per customer will return a higher customer lifetime value (CLV) over time.

Knowing your customer's last purchase will help build a consumer lifecycle. Targeting users who you know need replenishment is a perfect segment. Timing your messaging is a huge factor in engaging your customers.

Attachment:- Transactional Data.rar

Reference no: EM132872466

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