Go offline with the Player FM app!
How to Increase LTV
Manage episode 285027600 series 2816771
Ready to grow your eComm brand massively? Hire Us!
👉 https://shopanova-and-me.com/scale-now
Are you wondering what's holding back your eCommerce brand?
Although they don't realize it, many people forget about two-thirds of the necessary steps to growing a business. Growing a business can be complicated, but you can simplify it into three simple steps:
1. Acquire new customers
2. Increase the value of your average sale (AOV)
3. Convince your customers to purchase from you again
In marketing, so many people spend all of their time on the first step: customer acquisition.
While this is obviously a critical step, focusing solely on it will leave your business lacking.
In this episode we break down each of these functions and their role in growing a business exponentially.
🤦♂️(4:05) What most eCommerce businesses are missing
⬆️(5:33) How to increase average order value
📈(8:52) Growing customer retention
😃(11:41) How AOV and LTV affect acquiring new customers
Are you ready to scale your brand massively with these three steps?
👉 https://shopanova-and-me.com/scale-now
⭐ Follow Us For More! ⭐
IG: https://www.instagram.com/_shopanova_/
FB: https://www.facebook.com/shopanovasocial
📺 The eComm Growth Show
61 episodes
Manage episode 285027600 series 2816771
Ready to grow your eComm brand massively? Hire Us!
👉 https://shopanova-and-me.com/scale-now
Are you wondering what's holding back your eCommerce brand?
Although they don't realize it, many people forget about two-thirds of the necessary steps to growing a business. Growing a business can be complicated, but you can simplify it into three simple steps:
1. Acquire new customers
2. Increase the value of your average sale (AOV)
3. Convince your customers to purchase from you again
In marketing, so many people spend all of their time on the first step: customer acquisition.
While this is obviously a critical step, focusing solely on it will leave your business lacking.
In this episode we break down each of these functions and their role in growing a business exponentially.
🤦♂️(4:05) What most eCommerce businesses are missing
⬆️(5:33) How to increase average order value
📈(8:52) Growing customer retention
😃(11:41) How AOV and LTV affect acquiring new customers
Are you ready to scale your brand massively with these three steps?
👉 https://shopanova-and-me.com/scale-now
⭐ Follow Us For More! ⭐
IG: https://www.instagram.com/_shopanova_/
FB: https://www.facebook.com/shopanovasocial
📺 The eComm Growth Show
61 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.