Retention Math for Founders (E-commerce)

How small improvements in retention compound revenue — with step-by-step math and sources.

Acquiring a customer is hard. Keeping them is harder. Ad costs are rising and tracking is noisy. Yet many brands still over-index on acquisition while ignoring the quiet leak in the bucket: churn. This post walks through the math — in plain English — for transactional e-commerce (not subscriptions) so you can quantify the upside of improving retention.

The case for retention

Bain & Company’s classic work with Harvard Business Review showed that improving retention by even a few points can increase profits dramatically, often cited as 25–95% depending on margins and model.
Source: Bain — Zero Defections (HBR).

Retention math isn’t magic, it’s compounding. Fewer customers lost this cycle means more customers buying in the next one.

Define the key numbers

AOV — Average Order Value
PF — Purchase Frequency (orders per year)
GM — Gross Margin (as a decimal)
Churn — % of customers who don’t return next year
Expected Years1 / Churn (if churn is roughly constant)

That Expected Years approximation comes from a standard geometric-series view of retention (see: academic reference (PDF)).

Baseline example: a realistic $180 LTV

Consider a mid-size e-commerce brand with:

MetricValue
AOV$60
Purchase Frequency (PF)2 orders/year
Gross Margin (GM)50% (0.50)
Churn30% (0.30)

Step 1 — Expected Years

If churn ≈ 30%, then Expected Years ≈ 1 / 0.30 = 3.33. To be conservative, round to 3 years.

Step 2 — LTV formula (transactional)

LTV ≈ AOV × PF × GM × Expected Years

Step 3 — Plug the numbers

LTV ≈ $60 × 2 × 0.50 × 3 = $180

That’s your baseline LTV per retained customer under current churn.

What if you reduce churn by 5 points?

Improve churn from 30% → 25%. Then:

Result: A simple five-point retention improvement lifts LTV from $180 to $240 — a 33% increase. That extra value drops straight into profitability and supports higher CAC when needed.

Revenue impact in plain dollars

Suppose you have 10,000 active customers. A five-point improvement means 500 more customers return next year (because churn falls from 30% to 25%). If the average next-year spend is $120 (AOV $60 × PF 2), that’s:

500 × $120 = $60,000 incremental revenue — before any compounding in following years.

Tie it together with Churnalysis

Retention math is powerful — but you need to know who is at risk and what to do. That’s where Churnalysis helps:

With clear risk signals and actions, hitting that five-point churn improvement becomes achievable, and measurable.

Sources

Join the waitlist

Related reading

Ready to raise LTV from $180 to $240?

Upload your CSV, spot churn risk, and act on clear AI-powered recommendations.

Join Early Access