I've got the task to find out the repeat customer rate per year:
Customers that have purchased more than once / unique customers
I have no problems finding out the number of unique customers; I've got a customer table which counts the date of the customer's first order.
I do, however, not know how to count those customers who have made more than one order per year.
I thought that SUMPRODUCT would be the ideal formula to get the result with a COUNTIF in it in order to get those customers who have made more than one order It doesn't work as I get an astronomically high number.
I've got a table called Orders - with [Date] and [CustomerID] amongst other data recorded.
This is my formula
Thanks for your help
Maria
Customers that have purchased more than once / unique customers
I have no problems finding out the number of unique customers; I've got a customer table which counts the date of the customer's first order.
I do, however, not know how to count those customers who have made more than one order per year.
I thought that SUMPRODUCT would be the ideal formula to get the result with a COUNTIF in it in order to get those customers who have made more than one order It doesn't work as I get an astronomically high number.
I've got a table called Orders - with [Date] and [CustomerID] amongst other data recorded.
This is my formula
Code:
=SUMPRODUCT((YEAR(Orders[Date])=2011)*(COUNTIF(Orders[CustomerID];">1")))
Thanks for your help
Maria