Skip to main content

Using Cohort Analysis

Moritz Fenske avatar
Written by Moritz Fenske
Updated over a month ago

Cohort Analysis helps you understand how groups of customers behave over time — how much they spend, how often they return, and how profitable they are.

You can change the metric, adjust the time period, switch views, and filter by product to get the exact insights you need.


What You Can Learn From Cohort Analysis

Cohort Analysis answers important questions about your business, such as:

✅ How valuable are your customers after their first purchase?

See how much revenue each group of customers generates over time.

✅ Do customers come back, or do they buy only once?

Use retention or orders to see repeat behavior.

✅ Is my acquisition cost profitable?

Compare CAC against revenue, contribution margin, or CM after ad spend.

✅ Which months brought the best customers?

Spot strong or weak cohorts instantly using the heatmap.

✅ Are product changes improving customer behavior?

Filter by product to see which products drive the best repeat revenue.

✅ How fast do customers pay off my ad spend?

Check if cohorts become profitable within weeks or months.

In simple terms: Cohort Analysis helps you see which customers are good, which are weak, and what’s working in your business over time.


How to Use the Controls

1. Change the Metric

Use the Metric dropdown to pick what you want to measure:

  • Net Revenue – money you earned after tax & refunds

  • Active Customers – number of customers active in each period

  • Retention Rate – how many customers come back

  • Orders – total orders per period

  • Contribution Margin – profit after COGS

  • CM after Ad Spend – profit after marketing costs

  • AOV – average order value

Choose a metric to update the entire cohort table.


2. Change the Cohort Period

Choose how customers are grouped:

  • Weekly – very detailed

  • Monthly – most common view

  • Quarterly – long-term behavior

  • Yearly – big-picture trends

This lets you zoom in or out depending on how granular you want the analysis to be.


3. Switch the View Mode

Two view options:

  • Incremental – shows how each cohort performs each period

  • Cumulative – shows how much the cohort has generated in total over time

Use this to understand both short-term and long-term behavior.


4. Filter by Product

If you want to see how a specific product performs:

  1. Open Filter by Product.

  2. Select a product or choose All Products.

This helps you see which products create your best customers.


5. Heatmap

Turn on Show Heatmap to highlight the strongest and weakest numbers visually.

Green = good

This makes it very easy to spot patterns.


What the Table Shows You

Every row is a cohort (a group of customers who bought in the same time period).

Every column shows how that cohort behaved in the following weeks/months.

You can quickly see:

  • Which month brought customers who spend the most

  • When customers stop coming back

  • How long it takes to break even on CAC

  • Whether your retention is improving or declining

  • If product changes or marketing changes are helping


Need Help?

If you want help interpreting your cohort data or understanding what the numbers mean for your business, reach out via the in-app chat — we’re here for you.

Did this answer your question?