Making Your Shopify Store More Profitable By Focusing On 1-To-2 Customer Behavior

making-your-shopify-store-more-profitable-by-focusing-on-1-to-2-customer-behavior

When you’re trying to build up your repeat customers, improving your 1-to-2 customer behavior can have the biggest impact on your profit.

1-to-2 customer behavior is the process around new customers with one order placing their second order. This is the pivotal point where new customers can become repeat customers.

If they buy again, they are repeat customers and you can start to improve their loyalty.

If they never buy, all of that work and cost acquiring them goes into that one order. Hopefully you made enough from them and you can go back and find another new customer.

In most ecommerce stores, the majority of your new customers won’t make that jump. They’ll disappear as a one-time customer and you won’t hear from them again.

There are number of strategies you can use to increase this number and get more customers reordering. My favorite one is the New Customer Welcome campaign using boring old email. It’s very effective, inexpensive, and all-around great for customer service and loyalty.

Whatever strategy you use, you’ll want to start measuring this 1-to-2 customer behavior. Otherwise you could be making harmful changes without knowing. Repeat Customer Insights and the 1-to-2 Customers focus page collect and analyze a number of metrics around this topic.

I’ll dig into some of the analyses you can do soon but if you want to have them performed automatically, take a look at the app.

Eric Davis

Use cohorts to find out who the best customers are in your Shopify store

Repeat Customer Insights will automatically group your customers into cohorts based on when they first purchased. This will let you see how the date customers bought would impact their behavior.

Install Repeat Customer Insights for Shopify

This originally appeared on the LittleStream Software Blog and is made available here to cast a wider net of discovery.
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Author

Steve has entrepreneurship in his DNA. Starting in the early 2000s, Steve achieved eBay Power Seller status which propelled him to become a founding partner of VisionPros.com, a contact lens and eyewear retailer. Four years later through a successful exit from that startup, he embarked on his next journey into digital strategy for direct-to-consumer brands.

Currently, Steve is a Senior Merchant Success Manager at Shopify, where he helps brands to identify, navigate and accelerate growth online and in-store.

To maintain his competitive edge, Steve also hosts the top-rated twice-weekly podcast eCommerce Fastlane. He interviews Shopify Partners and subject matter experts who share the latest marketing strategy, tactics, platforms, and must-have apps, that assist Shopify-powered brands to improve efficiencies, profitably grow revenue and to build lifetime customer loyalty.

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