Important WooCommerce Metrics and KPIs
WooCommerce is a popular e-commerce platform that allows businesses to sell products and services online. To measure the success of an online store on WooCommerce, it is essential to track certain key performance indicators (KPIs) and metrics. These metrics provide insights into the performance of the store and help in identifying areas for improvement. Important WooCommerce metrics and KPIs include sales, revenue, conversion rate, average order value, customer lifetime value, customer acquisition cost, and cart abandonment rate. By regularly tracking these metrics, businesses can make data-driven decisions to optimize their online store and drive growth.
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