Repeat Usage

Repeat usage is the repeated purchase or engagement with a product, service, platform, or brand over time, making it a central indicator of customer retention and marketing performance. It occurs when a positive experience, perceived value, habit formation, personalized communication, loyalty incentives, and low-friction access encourage customers to return after an initial interaction. Marketers analyze usage frequency, purchase intervals, cohort behavior, and retention rates to understand ongoing engagement and identify opportunities to improve the customer journey. Strong repeat usage can support customer lifetime value, inform segmentation and campaign design, and reveal whether an offering consistently meets user needs.

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JoVE Business - Microeconomics

Infinitely Repeated Games

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2025

An infinitely repeated game is a scenario where players repeatedly engage in the same game without a predetermined end. This concept is crucial in understanding long-term interactions in various fields of the social sciences, including economics and international relations. Examples: Firms Setting Prices: Companies continuously adjust prices. Trade Negotiations: Countries consistently negotiate trade terms. Tit-for-Tat Strategy Cooperative Start: Players begin with a cooperative action,...

Finitely Repeated Games

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2025

Repeated games are scenarios where the same game is played multiple times by the same participants. These games are fundamental in understanding how decision-making processes evolve over time. Finitely Repeated Games: These games occur a specific number of times. Consider two software firms that are in competition, releasing updates to their software every quarter. Each quarter, these firms must decide on their strategic approach: they can either invest heavily in developing innovative new...

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