Ask most Shopify brands which channel drives the most revenue, and they'll pull up a blended ROAS report in about ten seconds. Ask which channel drives the most LTV for Shopify brands, and you'll usually get a shrug. That's the gap this post fills. LTV by channel is a different question than ROAS by channel, and the answer changes how you should actually spend your budget.

What Does 'LTV by Channel' Actually Mean for Shopify Brands?