Hey there,
This is one of the many guides on cohort analysis where I am trying to highlight that for some brands discounts may not matter much. Download it for free from below.
Also check out the products where i talk about this topic in depth like Retention marketing in 2025 event which is happening on 24th Jan and retention marketing masterclass that begins on 1st feb. All details under 'events' tab and 'products' tab.