1 - How LTV Effects AOV | Building a Brand
Manage episode 324044934 series 3332957
For our very first episode, we focus on the core of all brands in eCommerce - Loyalty. If a customer is loyal to your brand (through market saturation, brand awareness, engagement etc) it reduces the Cost Per Acquisition (CPA) when you actually launch a paid marketing strategy. Paid marketing efforts fall to the wayside if not working in tandem with a social strategy that engages your audience. If you want more repeat customers, lower CPR (Cost Per Result) lower CPMs (Cost Per Millie/thousand users) and a higher-converting brand people will LOVE... stay tuned for next week's episode!
33 episodes