Repeat purchase readiness

You’ll need a Faraday account to use this template. It’s free to sign up and you can use sample data to start.

Imagine being able to identify which of your customers are ready to buy again with just a glance at your Stripe dashboard. That's where Faraday's Repeat Purchase Readiness predictions come in handy. For many Faraday users, who also rely on Stripe for their payment processing, knowing this can really streamline their efforts. Instead of casting a wide net with marketing, you can focus on those customers who are most likely to make another purchase soon. It's a handy way to ensure your marketing dollars are well spent and helps you provide a seamless experience for your repeat customers. No fuss, just useful insights right where you manage your transactions.

Step 1
Connect your data sources
Use the link below to connect Stripe to Faraday. You can also skip this step and use CSV files to get started instead.
Stripe
Step 2
Ingest your data into event streams
This allows Faraday to understand what your data means. This link will guide you through ingesting the data necessary to power this template.
Transaction
Step 3
Organize your customer data
You'll create groups, called cohorts, that are the essential building blocks of Faraday and allow you to easily predict any customer behavior.
One-time purchasers Repeat purchasers Customers
Step 4
Declare your prediction objectives
With your cohorts defined, it's easy to instruct Faraday to predict the necessary behaviors. Follow the docs with the link below.
Likelihood to buy again
Step 5
Define your repeat purchase scoring pipeline and deploy to Stripe
Finally, deploy your prediction with the link below.
Repeat purchase scoring
Step 6
Deploy to Stripe
Create a deployment target using the Stripe connection you created above. Or, get started by simply deploying to CSV.
Stripe