5 concepts to master If you work in E-commerce.

5 concepts to master If you work in E-commerce.

1. LTV to CAC ratio

 To Understand this we first have to understand CAC and LTV first.

customer acquisition cost
customer lifetime value
CLTV to CAC ratio

2. Return to Origin (RTO rate) –

This is the non-deliverability of a package where a product never reaches the customer or the delivery fails because of multiple reasons. and hence the product is returned back to the seller.

3. Retention cohorts –

Cohort Retention generally is a sign of how healthy and successful a business is.

example of retention cohorts

You can also read : 9 Blockchain Real Estate Companies to Watch

4. Average ticket size

This shows the possible upsell opportunity you have for your brand. Techniques you can use

5. Moat and growth channel

Let’s understand business moat first.

                                                             the moat around a castle
                                                           examples of moats in a business

You can also read : 4 big problems to solve in crypto

Credit : Medium

By |2022-10-31T17:22:39+05:30October 31st, 2022|Products, Technology|Comments Off on 5 concepts to master If you work in E-commerce.

About the Author:

SoluLab
SoluLab is a market-leading digital & technological solution provider with the upper hand in Blockchain, AI / ML, IoT, Data Science, and Digital Transformation. Proudly recognized as the number one global enterprise blockchain development company, we have a prominent team of developers & designers displaying extensive experience in their domains. Our UI/UX team is qualified to come out with pixel perfection in each project. The company is co-founded and mentored by the well-seasoned duo in the tech-business landscape, ex-vice president of Goldman Sachs and principal solution architect of Citrix, with over 30 years of software industry experience.

Tell Us About Your Project