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How to Increase LTV

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Manage episode 285027600 series 2816771
Content provided by Rob Switzer, Robby Switzer, and Daniel Stafford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rob Switzer, Robby Switzer, and Daniel Stafford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

https://shopanova.com/the-ecomm-growth-show/

  continue reading

61 episodes

Artwork
iconShare
 
Manage episode 285027600 series 2816771
Content provided by Rob Switzer, Robby Switzer, and Daniel Stafford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rob Switzer, Robby Switzer, and Daniel Stafford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

https://shopanova.com/the-ecomm-growth-show/

  continue reading

61 episodes

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