What is Repeat Purchase Rate?
Repeat Purchase Rate is defined as: Percentage of customers who make more than one purchase. A direct measure of product satisfaction and brand loyalty.
What data source is used to measure Repeat Purchase Rate?
Repeat Purchase Rate is typically measured using data from a CRM / Ecommerce Platform. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.
Which industries track Repeat Purchase Rate?
Repeat Purchase Rate is a key performance indicator used across the following sectors:
How does Firehawk Analytics measure Repeat Purchase Rate?
Firehawk Analytics connects directly to your CRM / Ecommerce Platform and delivers a live Repeat Purchase Rate dashboard. Configuration is completed within 48 hours — no data analyst required on your team.