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Dollar Retention
Kathy avatar
Written by Kathy
Updated over a month ago

The Dollar Retention table shows how revenue from new customer cohorts evolves, providing crucial insights into the long-term value of your customer base. While Customer Retention tracks how many customers return, Dollar Retention reveals how much they spend.


Key Insights

First Month Performance (Month 0)

  • Values over 100% indicate customers making additional purchases in their first month

Revenue Retention Patterns

  • Strong follow-up months (>10%) suggest successful repeat purchase behavior

  • Declining percentages are normal, but sharp drops may need investigation

  • Consistent patterns across cohorts indicate stable business performance


Action Items

Compare with Customer Retention

  1. High Dollar/Low Customer Retention

    • Fewer customers are returning but those who do are spending more

    • Opportunity for customer win-back campaigns

    • Focus on high-value customer experience

  2. Low Dollar/High Customer Retention

    • Many customers return but are spending less

    • Opportunity for basket size optimization

    • Consider product mix and pricing strategies

Optimization Strategies

  1. For Early Stage Customers (0-2 Months)

    • Cross-sell campaigns

    • Product bundling

    • First-purchase upsell opportunities

    • Welcome series optimization

  2. For Mid Stage Customers (3-4 Months)

    • Personalized product recommendations

    • Category expansion initiatives

    • Loyalty program benefits

    • VIP tier qualification pushes

  3. For Long Term Customers (Months 5+)

    • High-value customer programs

    • Subscription offerings

    • Premium product launches

    • Exclusive collections or early access

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