October 06, 2021

Load That Cart Up!!

In our example, the best newbies (decile one) have a 58% chance of buying again in the next year, while the worst newbies (decile ten) have a 28% chance of buying again next year.

How does this relate to the number of items purchased in a first order?


In the top decile, customers purchased nearly 3.0 items in the first order.

In deciles seven / eight / nine / ten, customers purchased fewer than 1.2 items in a first order.

In other words, if you want loyal buyers in the future, make sure your first-time buyers are purchasing as many items in a first order as they possibly can. That's your job. Get those newbies to add items to the order, ok?


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

The Rehabilitation Campaign Began Yesterday

It took Retail Trade Journalists exactly one (1) day following the " Mistakes Were Made " event to act as an affiliate-PR departme...