When you're segmenting your customers it can become clear that some segments are more valuable than others. The Automatic Segments in Repeat Customer Insights are no different.
These are the segments that are important to watch carefully. I've provided the RFM values if you're wanting to do more detailed analysis.
Your best customers:
- VIP (Recency: 5, Frequency: 5)
- Loyal (Recency: 3, 4, 5, Frequency: 4 or 5)
- Recent whale (Recency: 3, 4, or 5, Monetary: 5)
- Whale (Frequency: 1 or 2, Monetary: 4 or 5)
Customers who have potential to be great:
- Potential loyal (Recency: 4 or 5, Frequency: 2 or 3)
- High AOV (Frequency and Monetary varies in lock-step, you'll need the app to see them)
Segments to watch for defection detection:
- Defection risk loyal (Recency: 2, Frequency: 4 or 5)
- Defection risk whale (Recency: 2, Monetary: 5)
Any segment can be useful when you're focusing your optimizations but the handful above at great overall segments to keep your eye on at all times.
Eric Davis
Find patterns in customer behavior
You don't have to be in the dark when it comes to your customers. Using their existing behavior, Repeat Customer Insights shows you patterns and optimization potential for Shopify stores, leading to more and better repeat customers.