TL;DR

Evaluate a Klaviyo agency's results by checking the metric definition, measurement period, attribution settings, baseline and account context. Read revenue totals, revenue shares and reported growth separately. Ask what work changed and what remains unmeasured. Attributed revenue alone does not establish incremental sales or predict another brand's result.

On this page6 sections
  1. Which metrics should you ask an agency to explain?
  2. What changes when attribution settings change?
  3. What do HWM's published cases show?
  4. What is missing from the comparison?
  5. How should a buyer compare agency reports?
  6. Which questions should you take into the agency call?

Which metrics should you ask an agency to explain?

Ask which question each metric answers before comparing the number. Revenue helps describe scale; revenue per recipient helps examine a send's return across its audience. Neither replaces a view of deliverability, customer behavior or costs. Agree on definitions and data sources before using a monthly report to judge performance.

MetricQuestion it helps answerInputs to checkLimit
Email-attributed revenueWhich orders received credit under the reporting model?Conversion event, interaction rules, attribution window, currency and periodCredit assigned to email does not establish sales caused by email
Email-attributed revenue shareHow much reported store revenue was credited to email?Same-period email revenue and total revenue; consistent scopeThe share can move when other channels change
Revenue per recipientHow much attributed revenue was reported for the audience sent to?Revenue numerator, recipient denominator, send type and periodDifferent segments and offers can change the result
Click and conversion ratesAre readers taking the intended action?Metric definition, denominator, tracking and filteringRates from different systems may use different definitions
Deliverability and list healthCan the team keep reaching people who want the email?Delivery, bounce, complaint and unsubscribe data over timeA revenue figure can hide deteriorating list health
Repeat purchases and profitAre customers returning, and is the work economically useful?Order cohorts, customer identity, product margin, discounts and service costsThese require data beyond a campaign attribution headline

The final row describes evidence worth requesting when available. It is not a claim that HWM or every agency reports those measures for every account. Ask which data the proposed service can supply and which questions require a separate analysis.

Questions for reading an agency result: metric definition, period, attribution, baseline and limits.
Read the definition and context before comparing the result.

What changes when attribution settings change?

Attribution assigns credit to interactions under defined rules. A report can therefore change when its conversion event, attribution window or interaction eligibility changes. Check the settings behind the report and record them with the period. Do not assume that two screenshots use equivalent settings because both came from Klaviyo.

Klaviyo's documentation explains message conversion tracking and attribution model settings. Use the current documentation and the account's settings for platform behavior. A case summary that omits those settings leaves part of the measurement unknown.

Incrementality asks how many sales would not have happened without the marketing. That needs a credible comparison, such as an appropriately designed holdout, with its assumptions and limitations explained. An attributed order or a before-and-after increase alone cannot answer the counterfactual question.

For a visual introduction to first-touch, last-touch and multi-touch concepts, see Klaviyo Academy's attribution explainer at the model overview. The video was published in 2023[1]; use it for the concepts, not as instructions for today's Klaviyo interface or defaults.

What do HWM's published cases show?

These cases are HWM's own published reports. The figures and implementation descriptions below come from the linked cases and original presentation material. They are not independently audited benchmarks, and the work column does not establish what caused the outcome.

AccountMetricReported figure and sourceMeasurement periodWork described publicly
Furniture and clothingAbsolute email revenue$3.4M[2]A single fourth quarter8 flows, 4 core and 4 advanced; A/B-tested flow revisions
Japanese and Scotch whisky retailerEmail-attributed share of revenue57%[3]Ninety days8 flows, 4 core and 4 advanced; focus on subscription sign-ups and churn
Personalized POD giftsEmail revenue lift+380%[4]Thirty days after launch8 flows, 4 core and 4 advanced; interest tags; tuned send times and formats
Streetwear and sneakersEmail-attributed share of revenue39%[5]Three months8 flows, 4 core and 4 advanced; lifestyle segmentation and interest tags
Personalized giftsAbsolute email revenue$1.1M[6]BFCM and Christmas, approximately two monthsDeliverability and list cleaning, holiday campaigns, post-purchase experience

The furniture case's original overview identifies Q4 2022[7]. Keeping that date beside the result matters: a holiday-quarter total does not tell a buyer what an off-season month would produce. The whisky overview uses both a revenue share and a money total; they describe different aspects of the same case and should not be combined into a ranking.

HWM's original furniture and clothing case overview, with the reported Q4 email revenue and email examples.
Original HWM case overview. Agency-reported outcome; not a controlled incrementality test.

Read the full furniture and clothing case alongside the furniture teardown for the work described. The original overview above is agency-reported material, not evidence of incremental revenue.

HWM's original whisky retailer case overview, with an email-attributed revenue share and a three-month revenue total.
Original HWM case overview. Revenue share and revenue total are separate measures.

The whisky case provides context for the figures in this original overview. Keep its period, currency and attribution limits attached when using the case in a buying discussion.

What is missing from the comparison?

The public cases do not disclose a complete set of attribution settings, comparison baselines, margins and concurrent business changes for every result. Record those gaps. Do not fill them with assumptions about the agency's process or the customer's account.

CaseWhat a buyer still needs to ask
Furniture and clothingWhich attribution rules and comparison period were used? How did the holiday quarter differ from an ordinary period?
Whisky retailerWhat changed in store revenue and other channels while email's share changed? What attribution settings produced the report?
Personalized POD giftsWhat was the baseline amount for the reported lift, and was the comparison window equivalent?
Streetwear and sneakersWhat was total store revenue in the same period, and how was email credit assigned?
Personalized holiday giftsHow did promotions, demand and customer mix differ from the comparison period?

The cases describe implementation alongside outcomes. You can use that detail to ask how the team works. None of these public summaries isolates the incremental contribution of each flow, design or campaign through a controlled comparison.

How should a buyer compare agency reports?

Put the source reports side by side and check their definitions before judging the difference. If the currency, period or attribution rules differ, ask for a comparable view. When the data cannot be aligned, explain the difference rather than presenting a league table.

A useful comparison sheet has a place for the source URL or export, report date, metric, denominator, attribution settings and business context. Add the changes made during the period and the limitations of the conclusion. A blank field is a follow-up request, not a reason to invent a value.

For deliverability, ask for the trend and the team's response to it alongside revenue. Klaviyo's deliverability monitoring guidance explains the platform's reporting context. A strong promotion can coincide with revenue growth and list-health problems, so ask how both affected the next decision.

Which questions should you take into the agency call?

  • Can you show a relevant case and explain exactly what its result measures?
  • Which measurement settings and period would you use in our reports?
  • What starting conditions could make that case a poor comparison for our store?
  • What data would let us assess repeat purchases, profit or incrementality, and what would remain unknown?
  • Which work would you prioritize first, and what evidence would change that decision?

Use the agency evaluation worksheet to record the answers beside scope, team and fees. Browse the case library for the original examples, or book a free Klaviyo audit to discuss what to investigate in your account.

What to read next

Inspect the original cases and their source notes for the metric, period, currency and limitations behind each headline.

Use those findings in your agency evaluation, together with the proposed team, scope, reporting access and exit terms.

Sources

  1. Klaviyo Academy attribution video publication year
  2. Huge Win Media case study: $3.4M in Q4 email revenue for a $30M/year furniture & clothing brand
  3. Huge Win Media case study: JPHA whisky retailer: 57% email-attributed revenue
  4. Huge Win Media case study: +380% email revenue, $560K+ in 30 days for a personalized POD gifts brand
  5. Huge Win Media case study: 39% email attributed revenue, $489.4K in 3 months for a streetwear brand
  6. Huge Win Media case study: $1.1M BFCM email revenue for a $20M/year personalized gifts brand
  7. Furniture and clothing original overview: Q4 2022

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