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Analytics

Customer LTV & Retention

Track lifetime value and customer retention metrics to understand customer behavior and revenue patterns

Customer LTV & Retention

The LTV & Retention dashboard provides comprehensive insights into customer lifetime value, retention patterns, and revenue distribution between new and repeat customers.

Prerequisites

Required Integration: Shopify

This dashboard requires an active Shopify integration to display customer and order data. If you haven't connected Shopify yet, you'll see a prompt to set up the integration.

Learn how to connect Shopify →

Accessing the Dashboard

  1. Navigate to your organization
  2. Click LTV & Retention in the sidebar
  3. Use the date range selector to adjust the analysis period (default: Last 90 days)

Date Range Persistence

Your selected date range is automatically saved to your browser's local storage. When you return to this dashboard, your previous date range selection will be restored, allowing you to continue your analysis where you left off.

Note: Each analytics dashboard maintains its own date range setting. For example, changing the date range on the LTV & Retention dashboard won't affect the date range on the Orders Analytics dashboard.

Dashboard Sections

The LTV & Retention dashboard is organized into three main sections:

Customer Acquisition

Track how you're acquiring new customers and their initial purchase behavior.

Total New Customers

  • Count of first-time customers within the selected date range
  • Shows daily trend of customer acquisition
  • Helps identify successful acquisition campaigns

Average Order Value (AOV)

  • Average order value after discounts
  • Calculated across all orders (new and repeat customers)
  • Useful for understanding overall revenue per transaction

Sales Overview

Understand the revenue contribution from new versus repeat customers.

Total Sales

  • Total daily sales including all orders
  • Includes canceled and $0 orders for complete visibility
  • Shows overall revenue trends

New Sales

  • Revenue from customers who made their first order within the date range
  • Measures effectiveness of acquisition efforts
  • Tracks revenue from customer acquisition campaigns

Repeat Sales

  • Revenue from customers whose first order was before the date range
  • Indicates customer retention strength
  • Higher repeat sales suggest strong customer loyalty

New Customer Orders

  • Number of orders from first-time customers
  • Helps calculate conversion rates for new customers
  • Tracks acquisition campaign effectiveness

Repeat Customer Orders

  • Number of orders from returning customers
  • Indicates customer engagement and satisfaction
  • Higher numbers suggest successful retention

New Customer %

  • Percentage of total orders from new customers
  • Balance indicator: too high may indicate retention issues
  • Typical healthy range: 20-40% new customers

Lifetime Value (LTV)

Track the total revenue generated by customers over different time periods.

Total LTV

  • Average lifetime value across all customers
  • Cumulative revenue per customer since their first purchase
  • Key metric for understanding long-term customer value

30-Day LTV

  • Average revenue per customer in their first 30 days
  • Early indicator of customer value
  • Useful for quick ROI calculations on acquisition costs

90-Day LTV

  • Average revenue per customer in their first 90 days
  • Medium-term value indicator
  • Helps evaluate customer engagement patterns

180-Day LTV

  • Average revenue per customer in their first 180 days
  • Long-term value assessment
  • Better predictor of true lifetime value

Key Metrics Explained

What is Customer Lifetime Value (LTV)?

LTV represents the total revenue a customer generates over their entire relationship with your business. It helps you:

  • Determine how much to spend on customer acquisition
  • Identify your most valuable customer segments
  • Forecast long-term revenue

Formula: Total revenue from customer / Number of customers

New vs. Repeat Customers

New Customers: First-time buyers within the selected date range Repeat Customers: Customers whose first purchase was before the date range

This distinction helps you understand:

  • Customer retention rates
  • Revenue stability
  • Acquisition effectiveness

Blended Metrics

Blended metrics combine data from both new and repeat customers to give you an overall view of business performance. Use these alongside segmented metrics for complete insights.

Using the Dashboard

Analyzing Customer Retention

  1. Compare New Sales vs. Repeat Sales

    • Healthy businesses typically see 60-80% repeat sales
    • Low repeat sales may indicate product or service issues
  2. Monitor New Customer %

    • Consistent percentage indicates stable business
    • Sudden increases may signal acquisition campaign success or retention problems
  3. Track Repeat Customer Orders

    • Increasing trend shows strong retention
    • Use with Repeat Sales to calculate repeat purchase value

Evaluating LTV Performance

  1. Set acquisition cost targets

    • Compare 30-day customer lifetime value to customer acquisition cost (CAC)
    • Aim for LTV:CAC ratio of at least 3:1
  2. Identify growth opportunities

    • Low LTV suggests need for retention improvements
    • Compare LTV across different time periods to see value curve
  3. Segment analysis

    • Use with customer segments to find high-value groups
    • Target retention efforts to high-LTV segments

Optimizing Date Ranges

  • Short periods (7-30 days): Spot immediate trends and campaign impact
  • Medium periods (30-90 days): Identify seasonal patterns
  • Long periods (90+ days): Understand long-term customer behavior

Best Practices

Regular Monitoring

  • Review weekly to catch early warning signs
  • Track month-over-month changes for trend analysis
  • Set up alerts for significant metric changes

Benchmarking

Compare your metrics to industry standards:

  • New Customer %: 20-40% is typical for healthy businesses
  • Repeat Purchase Rate: 27-32% is average for e-commerce
  • LTV:CAC Ratio: 3:1 minimum, 5:1 is excellent

Taking Action

If New Sales are declining:

  • Review acquisition campaigns
  • Check website conversion rates
  • Analyze traffic sources

If Repeat Sales are declining:

  • Improve post-purchase communication
  • Enhance product quality or selection
  • Launch retention campaigns

If LTV is lower than expected:

  • Focus on customer experience improvements
  • Increase average order value through upsells
  • Improve product-market fit

Common Questions

Why don't my numbers match my Shopify admin?

AccessFuel may include or exclude certain order types differently:

  • We include canceled orders for complete visibility
  • We track customers by first order date for accurate cohort analysis
  • Date ranges are based on order creation date

What's a good LTV for my business?

LTV varies by industry and business model:

  • Compare LTV to your customer acquisition cost
  • Track LTV trends over time
  • Segment by customer type for deeper insights

How often is data updated?

Data syncs according to your Shopify integration schedule:

  • Typically every 24 hours
  • Historical data is backfilled on initial connection
  • Check your integration status for last sync time

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