Here are descriptions and examples of the metrics you can find on the Retain AI dashboard
Metrics
Winback revenue - The revenue from the first order of the customer after the outreach by Retain AI
Conversions - Number of customers who placed an order after the Retain AI Outreach
Additional revenue - Subsequent orders that customers made after the winback
LTV increase - Increase in lifetime value from customers won back
Recipients - Number of customers who received outreach from Retain AI
RPR - Revenue Per Recipient = Winback revenue / Recipients
AOV - Average Order Value = Winback revenue / Number of conversions
Conversion % - Number of conversions / Recipients
Repeat % - Number of customers who placed a subsequent order after coming back / Number of initial customers won back
Example scenario #1
Lets say you have a customer, Mary, was lapsed for 7 months and her LTV was $100 then placed an order for $50 after the Retain AI outreach
Then the following month she placed an order for $30. The winback revenue would be $50
Additional revenue would be $30
Increase in LTV would be $50 + $30 = $80
$80/$100 (her previous LTV) would be 80%
So Mary would have a 80% increase in her LTV after Retain AI outreach
Example scenario #2
Lets say you have 1,000 lapsed customers in a campaign
100 of them place an order after the Retain AI outreach
Conversions would be 100
Conversion % would be 100 / 1,000 = 10%After some time, from the 100 customers, 50 placed subsequent orders
Repeat % would be 50/ 100 = 50%
