Making your customers return to your store to buy more is a way of increasing your customer retention rate. And retain customers can amazingly help to boost your customer’s average order value and revenue for your Shopify store. How then can you increase average order value by making your customers reorder your products? Maximizing your…
Customer retention and churn rates are top key performance indices for online e-commerce stores. We know sales and revenue are a priority for every Shopify store which is why the retention and churn rate are taken seriously. Table Of Content 1. Article Brief 2. What is Customer Retention Rate? 3. What Is Churn Rate? 4.…
Every store owner is excited at the sight of an increase in the number of new customers acquired within a period. Customer retention rates can be a good measure of the growth of an e-commerce store. It is commendable to gain new customers to increase sales. However, having your existing customers return to buy again…