There are only really 3 KPIs that matter: 🎯 Customer Acquisition Cost 🎯 Average Order Value 🎯 Customer Lifetime Value If you can master these, you are well on your way to building a profitable eCommerce business!
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Are rising customer acquisition costs keeping you up at night? You're not alone. With costs rocketing over 200% in less than a decade, the battle for customer attention has never been fiercer. But what if the key to growth wasn't finding new customers but nurturing the ones already cheering you on? That's where customer lifetime value comes in. Increasing CLV is any ecommerce brand's golden ticket to deepening customer relationships and turning every interaction into a revenue-boosting opportunity. Dive into our latest blog post to discover how stellar customer service can be your secret weapon in driving repeat business and ensuring your shoppers keep coming back for more. Read our full article here: https://lnkd.in/dVxPN7kX #ecommerce #customerservice #tips #blogpost
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