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Capability 02

Retention, priced like acquisition.

Onboarding, expansion and win-back sequences priced against contribution margin — not open rates. If a lifecycle programme cannot show its cost per retained pound, we do not consider it finished.

Retention is usually an acquisition problem in disguise

Most lifecycle programmes optimise for engagement metrics — opens, clicks, session count — that have no fixed relationship to margin. We start from margin and work backwards.

The first thing we do inside a lifecycle capability is re-cut your existing customer base by second-order value: what a customer is actually worth across their full relationship with you, not just their first transaction. That re-cut usually surfaces a segment worth protecting aggressively and a segment worth almost nothing — and it is common for the second segment to be the one your existing lifecycle programme spends the most effort on, because open rates and click rates reward attention, not value.

From there, sequences get built around three moments that determine most of a customer’s lifetime value: the first ninety days after conversion, the point at which usage or spend plateaus, and the window before a renewal or repurchase decision. Each moment gets its own sequence, its own success metric tied to margin, and its own exit criteria — a sequence that has not moved the number it was built to move within an agreed window gets retired, not iterated on indefinitely.

Before a single email goes out

  1. Data

    Billing and usage joined

    Revenue and product-usage data joined at the customer level, so a sequence can be judged on margin, not proxy engagement.

  2. Segments

    Second-order value tiers

    Customers ranked by realistic lifetime contribution, not by recency or frequency alone.

  3. Exit criteria

    A retirement rule per sequence

    Every sequence ships with the margin threshold it needs to clear to stay live past the next quarterly review.

Where this connects