138: Unlock The Hidden Value In Your Shopify Data With Actionable AI-Powered Customer Retention Strategies
Summary: <h2>Your Business Is A Journey. Invest In Yourself Today.</h2><p>Being an entrepreneur is a life of learning, implementing, and iterating. All it would take is <u>a new idea</u>, <u>a strategy</u>, <u>a Shopify app</u>, or <u>a marketing platform</u> to be the next thing you need to improve efficiencies, drive more revenue, and build lifetime customer loyalty for your Shopify brand.</p><p>In today’s episode, my guest is Alex Jost the Founder of <a href="https://retentionx.com/" rel="noopener noreferrer" target="_blank">RetentionX</a>. They are an Analytics App that helps Shopify merchants leverage the power of their store data into clear actions for growth.</p><p>You can get the best business decisions based on AI-driven data analysis and replace the power of an entire data science team with just one, easy-to-use tool.</p><h2>What You Will Learn Today</h2><ul> <li>Why customer retention is the main growth driver for successful Shopify brands.</li> <li>How prediction and forecasting models can help an e-commerce marketer make the best business decisions.</li> <li>How to identify the growth value drivers that are most important through data science-backed reports.</li> </ul><h2>Links And Resources Mentioned</h2><ul> <li><a href="https://retentionx.com/" rel="noopener noreferrer" target="_blank">RetentionX</a></li> <li><a href="https://apps.shopify.com/retentionx-com" rel="noopener noreferrer" target="_blank">RetentionX Shopify App</a></li> <li> <a href="https://ecommercefastlane.com/retentionx" rel="noopener noreferrer" target="_blank">RetentionX 30-Day Free Trial</a> - Thanks Alex!</li> <li><a href="https://the-datascientist.com" rel="noopener noreferrer" target="_blank">The Data Scientist Blog</a></li> </ul><h2>Thank You For Listening</h2><p>I really appreciate your choosing to listen to the show and for supporting the podcast and its sponsors. If you enjoyed today’s show, please <strong>share</strong> it using the social media buttons on this page.</p><p>I would also be so grateful if you would consider taking a minute or two to <a href="https://itunes.apple.com/ca/podcast/ecommerce-fastlane-steve-hutt-dream-build-launch-grow/id1383980232?mt=2" rel="noopener noreferrer" target="_blank">leave an honest review and rating for the show on iTunes</a>. They’re <strong>extremely</strong> helpful when it comes to reaching our entrepreneurial audience, and I read each and every one personally!</p><h2>Growth Mindset?</h2><p>Listen to the eCommerce Fastlane Podcast on <a href="https://itunes.apple.com/ca/podcast/ecommerce-fastlane-steve-hutt-dream-build-launch-grow/id1383980232?mt=2" rel="noopener noreferrer" target="_blank">Apple Podcasts</a>, <a href="https://open.spotify.com/show/3NXb9XBWN81Us3suywpuUN?si=dtMA4DF8QfeUBtOH610z_A" rel="noopener noreferrer" target="_blank">Spotify</a>, <a href="http://www.stitcher.com/s?fid=185272&refid=stpr" rel="noopener noreferrer" target="_blank">Stitcher</a>, or <a href="https://ecommercefastlane.com/googleplay" rel="noopener noreferrer" target="_blank">Google Play</a>. Subscribe to the show and get notifications when new episodes are released.</p><h2>Episode Sponsor: <a href="https://www.limespot.com/ecommercefastlane?utm_source=fastlane&utm_mediium=website&utm_campaign%20=shownotes" rel="noopener noreferrer" target="_blank">LIMESPOT</a> </h2><h4> <em>Today’s episode was brought to you by LimeSpot, the leading personalization platform for high-growth brands on Shopify</em>.</h4><p><a href="https://www.limespot.com/ecommercefastlane?utm_source=fastlane&utm_mediium=website&utm_campaign%20=shownotes" rel="noopener noreferrer" target="_blank">LimeSpot</a> is a market leader in personalization technology trusted by thousands of leading ecommerce brands worldwide. Their AI-driven personalization and acquisition platform is proven to optimize customer discovery, reduce merchandising overhead and increase revenue. </p><p>LimeSpot is able to showcase highly relevant products and deliver higher conversions than competitors because we leverage the largest independent AI data set of over 100 billion signals combining product data, consumer behavior, and trend analysis. The result is deeper engagement, higher AOV, increased revenue and stronger ROAS. </p><p><a href="https://www.limespot.com/ecommercefastlane?utm_source=fastlane&utm_mediium=website&utm_campaign%20=shownotes" rel="noopener noreferrer" target="_blank"><strong>INSTALL LIMESPOT TODAY</strong></a>: The Personalization Engine that Understands Your Products AND Your Customers.</p><br><hr><p style="color:grey;font-size:0.75em;"> See <a style="color:grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for privacy and opt-out information.</p>
