Unlocking the Power of Customer Lifetime Value
04/04/23 • 50 min
Ecom Businesses often rely on Customer Lifetime Value (CLTV) to stay profitable, but the correct formula can be hard to calculate. Fear not! Mr. Daniel McCarthy is here with his expertise in statistical methodology and contemporary empirical marketing problems - which he published extensively on – ready to share why CLTV needs special attention from businesses and how they should go about doing it right. Don't miss this opportunity of a lifetime by learning more from an accomplished academic who's taken home numerous awards for research excellence.
Show Links
- Dan's youtube
- Dan's spreadsheet
- Business Insider
- Theta
- Theta Blog
- Emory Course
- Dan's website
- Dan's twitter
- Dan's linkedin
Sponsors
- Free 30-day trial of Zipify OCU - To get an unadvertised gift, email [email protected] and ask for the "Tech Nasty Bonus".
- Venntov, makers of SEO Manager, Order Lookup, and ClockedIn
- Retention.com: Reclaim 5-10x Abandonment Revenue
- Loop Returns: Ecommerce Returns Management for Shopify
Never miss an episode
Help the show
- Ask a question in The Unofficial Shopify Podcast Facebook Group
- Leave a review
- Subscribe wherever you get your podcasts
What's Kurt up to?
- See our recent work at Ethercycle
- Subscribe to our YouTube Channel
- Apply to work with Kurt to grow your store.
Ecom Businesses often rely on Customer Lifetime Value (CLTV) to stay profitable, but the correct formula can be hard to calculate. Fear not! Mr. Daniel McCarthy is here with his expertise in statistical methodology and contemporary empirical marketing problems - which he published extensively on – ready to share why CLTV needs special attention from businesses and how they should go about doing it right. Don't miss this opportunity of a lifetime by learning more from an accomplished academic who's taken home numerous awards for research excellence.
Show Links
- Dan's youtube
- Dan's spreadsheet
- Business Insider
- Theta
- Theta Blog
- Emory Course
- Dan's website
- Dan's twitter
- Dan's linkedin
Sponsors
- Free 30-day trial of Zipify OCU - To get an unadvertised gift, email [email protected] and ask for the "Tech Nasty Bonus".
- Venntov, makers of SEO Manager, Order Lookup, and ClockedIn
- Retention.com: Reclaim 5-10x Abandonment Revenue
- Loop Returns: Ecommerce Returns Management for Shopify
Never miss an episode
Help the show
- Ask a question in The Unofficial Shopify Podcast Facebook Group
- Leave a review
- Subscribe wherever you get your podcasts
What's Kurt up to?
- See our recent work at Ethercycle
- Subscribe to our YouTube Channel
- Apply to work with Kurt to grow your store.
Previous Episode
Shopify Editions: NEW Online Store Features
Tune into The Unofficial Shopify Podcast for all the goods on the biggest updates and features coming to Shopify. From one-page checkout to AI integration to quality of life improvements, they'll tell you which ones are worth paying attention to stay ahead of the competition.
- Checkout Enhancements & One Page Option
- Shop Promise & Expected Delivery Dates
- AI-integrated Shopify Magic
- Meta Objects & Quality of Life Improvements
- and more!
Show Links
- Shopify Editions | Winter ’23
- Shopify Checkout
- Shopify Supply
- Checkout Extensibility
- Shop Promise badge
- Shop App Chatbot demo
- Introducing AI-Generated Product Descriptions Powered by Shopify Magic
- Search & Discovery
- Metaobjects
Sponsors
- Free 30-day trial of Zipify OCU - To get an unadvertised gift, email [email protected] and ask for the "Tech Nasty Bonus".
- Venntov, makers of SEO Manager, Order Lookup, and ClockedIn
- Retention.com: Reclaim 5-10x Abandonment Revenue
- Loop Returns: Ecommerce Returns Management for Shopify
Never miss an episode
Help the show
- Ask a question in The Unofficial Shopify Podcast Facebook Group
- Leave a review
- Subscribe wherever you get your podcasts
What's Kurt up to?
- See our recent work at Ethercycle
- Subscribe to our YouTube Channel
- Apply to work with Kurt to grow your store.
Next Episode
Captivate the Right Customers
In this episode, we discuss how to unlock lower acquisition costs, retention, and profitability by captivating the right type of customers. Scott Cunningham shares his five-part offer stack formula for Shopify merchants. Learn how to understand your customer, use hooks to grab attention, create a relatable narrative, differentiate with brand attributes, and craft a value proposition that converts leads into loyal customers. Listen in as Scott offers insights gained from managing millions of dollars in digital advertising spend and driving 20-40% of all sales through email marketing.
Show Links
- [https://www.sociallite.ca/](Social Lite)
- Merchant Mastery
Sponsors
- Free 30-day trial of Zipify OCU - To get an unadvertised gift, email [email protected] and ask for the "Tech Nasty Bonus".
- Venntov, makers of SEO Manager, Order Lookup, and ClockedIn
- Retention.com: Reclaim 5-10x Abandonment Revenue
- Loop Returns: Ecommerce Returns Management for Shopify
Never miss an episode
Help the show
- Ask a question in The Unofficial Shopify Podcast Facebook Group
- Leave a review
- Subscribe wherever you get your podcasts
What's Kurt up to?
- See our recent work at Ethercycle
- Subscribe to our YouTube Channel
- Apply to work with Kurt to grow your store.
If you like this episode you’ll love
Episode Comments
Featured in these lists
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/the-unofficial-shopify-podcast-100399/unlocking-the-power-of-customer-lifetime-value-29129816"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to unlocking the power of customer lifetime value on goodpods" style="width: 225px" /> </a>
Copy