Average Sales Cycle
The average sales cycle is the average time it takes for a prospect to become a customer.
Average Transaction Value (ATV)
The average amount of money spent each time a customer places an order.
Conversion Rate
The number of customers who perform a desired action, such as making a purchase or signing up for a newsletter.
Gross Profit Margin
It is a financial metric that helps us understand the profitability of a product, service, or the entire organization after considering the costs directly associated with producing the goods or services sold.
Lifetime Customer Value
The total revenue you can expect from a single customer over the course of their relationship with your business.
Monthly Sales Growth
When it comes to measuring marketing efforts, keeping an eye on monthly sales growth is a crucial step.
Net Profit Margin
The percentage of revenue remaining after all operating expenses, taxes, and costs have been subtracted from a company’s total revenue.
New vs. Returning Customers
The comparison between customers who have only made one purchase (“new” customers) and those who have made more than one purchase (“returning” customers).