Measuring the Value of Repeat Customers

Retailers have long appreciated the importance of repeat customers to the health of their retail business. Measuring the impact of these dedicated customers, though, can be challenging. We’ll break down why you should look at things like customer lifetime value, customer churn, purchase frequency and customer lifetime span as well as how to measure them in a brick and mortar business. Understanding the customer (and having the tools to do so!) is important in today’s competitive retail landscape.

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