What percentage of sales come from repeat purchases?
Asked 3 years ago
What is the average repeat purchase rate, and how much more profitable are repeat customers?
Gareth Browne
Friday, November 12, 2021
Benchmarks for repeat customer rates vary widely from company to company, most Ecommerce businesses report a retention rate of around Twenty-Five to Thirty percent to be a baseline. The rate itself will ultimately depend on customer satisfaction and the industry itself. Repeat customers are more profitable by a massive margin, on average a repeat customer is worth around ten times their acquisition price.
Please follow our Community Guidelines
Related Articles
Related Posts
Can't find what you're looking for?