Have you ever noticed that a lot of songs from the 70s and 80s used the word "lovers"? Those were wild times, dear readers.
But I digress.
In order to reactivate customers at a credible level, you have to love the process. Lovers of the process stack attributes on top of each other. One of the attributes you stack is "winning items".
In this example, to make analysis easy to digest, I analyze 18 month 1x buyers who only purchased one item in the first order. Was that item a winner (graded as "A"), or a B / C / D / F item, where "F" items are items that only sold a few units during the year?
- Rebuy Rate for "A" Items = 4.55%.
- Rebuy Rate for "B" Items = 4.38%.
- Rebuy Rate for "C" Items = 3.99%.
- Rebuy Rate for "D" Items = 3.74%.
- Rebuy Rate for "F" Items = 2.99%.
- Average Rebuy Rate = 4.03%.
- More items matters.
- Independent of items purchased, AOV size matters.
- Selling at full price matters.
- Selling best-selling items matters.
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