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KPI Library

The Retail KPI Library

Plain-English definitions, formulas and SMB benchmarks for the metrics Shopify, DTC, multi-channel, wholesale and TikTok Shop brands actually run on — and what to do when the number looks wrong.

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Marketing Analytics

Customer Lifetime Value (LTV): Definition, Formula & Benchmark

Customer lifetime value is the total gross profit an average customer generates over their relationship with your brand. It sets how much you can afford to spend to win them, and which customers deserve your attention. See the formula, an SMB benchmark and how we track it for clients.

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