The team analyzed product usage and revenue differences between August of 2022 and August 2023, removing accounts with less than three months of Klaviyo usage to reduce the noise caused by onboarding. A year of data was used to manage seasonality.
We then looked at several factors to determine growth: Klaviyo attributed value growth (KAV)–– the amount of revenue driven directly by Klaviyo messages, gross merchandising volume growth (GMV), KAV to GMV ratio, and median Klaviyo ROI.
We found that the fastest growing brands have 245% median KAV growth YoY, 80% median GMV growth YoY, 46% median KAV to GMV ratio, and an 87x median Klaviyo ROI.