09-24-2020 07:22 AM - last edited 04-05-2021 09:20 AM
Period Of Stay – Cohort Analysis provide visibility on how many customers were retained after their first date of purchase.
Cohort Analysis is studying the behavioral analysis of customers.
Assume there are 100 new customers (consumers who made the first purchase in the store) in Jan 2020. Out of these 100, how many customers came back in the second month (Feb 2020). Then how many returned in the third month (March -2020) and so on for every month in 2020.
First Sales = minx(FILTER(Sales,[Customer Id] =EARLIER([Customer Id])),[Sales Date]) Customer Age = DATEDIFF([First Sales],[Sales Date],MONTH)+1
Customer Age Bucket = ADDCOLUMNS(GENERATESERIES(1,max(Sales[Customer Age])+1) ,"Age in Month" , "Month " &[Value])
Customers = DISTINCTCOUNT(Sales[Customer Id]) Retain % = CALCULATE(divide(DISTINCTCOUNT(Sales[Customer Id]),CALCULATE(DISTINCTCOUNT(Sales[Customer Id]),ALLSELECTED('Customer Age Bucket') , 'Customer Age Bucket'[Age] =1)) , 'Customer Age Bucket'[Age] >1)