China WhatsApp Number List website more effective and optimizing for conversions.Stack of 100 dollar bills. A broken heart is drawn on a chalkboard with game over written on white customer lifetime value. Customer lifetime value is one of the most powerful tools for understanding and tracking customers. It tells you how valuable a customer’s relationship with your brand is to your business. You want to increase China WhatsApp Number List this metric by strengthening This is important because it means you are losing potential income. Small shopping cart with cosmetics Number of transactions This is your website during a given time period. It may not be the best metric to focus on as it can vary due to seasonality and other factors.
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You can also count it as “churned” customers, which is China WhatsApp Number List past six months. Man working on computer outside Average order size This is the average order size for your ecommerce site. It can be calculated by adding up the total number of products This is one of the bw capable you are of selling. It’s important China WhatsApp Number List to note that businesses can earn a lot of revenue and still be unprofitable. This metric shows you the average amount your customers are willing to spend. The higher the number, the better
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Defect Rate If your customer China WhatsApp Number List submits a return or cancels the order immediately after placing the order. Man with checklist looks worried product return rate Calculated as the number of products returned in the past six months divided by the total sales for those China WhatsApp Number List six months. Calculator pencil and sticky notes on table breakeven point The point at which you no longer lose money . Many e-commerce businesses aim to break even within their first year of shop. An open sign in a window Return rate This is how often people return items they bought from you for a refund, wrong size, etc. A lower number means more China WhatsApp Number List people are happy