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10 ecommerce metrics & KPIs you must measure in 2022

Omnisend

In this article, we’ll show you what top ecommerce KPIs (Key Performance Indicators) and metrics you should track and optimize to build your ecommerce empire. What are ecommerce metrics & KPIs? Metrics and KPIs play a crucial role in any ecommerce marketing strategy. Cart abandonment rate.

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How To Optimize Your Ecommerce Sales Funnel for More Revenue

Optimizely

The conversion rate equation is below: Number of consumers who initially entered the sales funnel/Number of consumers who ultimately made a purchase X 100. For example, if they add something to their cart in the mobile app, they expect it to also be in their cart on your ecommerce site.

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[eCommerce Trends 2021] 6 Insights to Increase Sales and Customer Loyalty

lateshipment

Take away – Despite the surge in online orders, it is practically difficult for SMBs like yours to compete with companies such as Amazon and Walmart, which have established dominance over the eCommerce market. You can also focus on the channels where your customers go the most and sell to them there. And the worst part?

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Cross-selling and upselling in Magento

Onilab User Guides

Moreover, product recommendations create a better customer experience by adding value to the initial purchase. Whether you are an experienced e-commerce marketer or a savvy entrepreneur, our guide will do you good and give you a few ideas on how to take your sales to the next level and keep your customers happy.

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8 Need-to-Know E-Commerce Image Optimization Hacks

Kissmetrics

And what about customer retention? Boosting customer retention by just 5% can increase profits by 95%. And it’s 5 to 25 times more expensive to acquire a new customer than to retain a current one! Most marketers aren’t coders or designers. And that impacts your customer retention and conversions.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Globally, consumer electronics ecommerce is expected to grow to $343.34 By 2025, the global consumer electronics ecommerce market is projected to be worth over $511 billion. 67% of shoppers have abandoned their carts because online checkout was too complicated. of Gen X will keep using touchless payment post-pandemic.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [October 2021]

ROI Revolution

Globally, consumer electronics ecommerce is expected to grow to $343.34 By 2025, the global consumer electronics ecommerce market is projected to be worth over $511 billion. 67% of shoppers have abandoned their carts because online checkout was too complicated. of Gen X will keep using touchless payment post-pandemic.