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Investor Presentaiton

叟 Revenue/ omer/Month e/Custom 31-60 Days 61-90 Days 91-120 Days 121-150 Days INVESTMENT IN ADVERTISTING SPEND RESULTS IN HIGHER REVENUE/CUSTOMER... Wayfair.com Gross Revenue Per Customer Over Time wayfair 18x$ 16x$ 14x$ 12x$ 10x$ 8x$ 6x$ 4x$ 2x$ • Customers acquired in more recent periods consistently spend more over time than customers acquired in older periods For example in the 6th month post their initial order 2014 customers spent >2x 2011 customers 151-180 Days 181-210 Days 211-240 Days 241-270 Days 271-300 Days 301-330 Days 331-360 Days 391-420 Days 361-390 Days 421-450 Days 451-480 Days 481-510 Days Time Since Initial Purchase 511-540 Days 541-570 Days 571-600 Days 601-630 Days 631-660 Days 661-690 Days -2013 691-720 Days 721-750 Days 751-780 Days 7781-810 Days 811-840 Days 841-870 Days 871-900 Days 18
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