Send us a text

Numbers, numbers, numbers. Data, data, data.  Is this the moment you stick your fingers in your ears  and try to ignore me?

Numbers and data don't lie. But what should you be looking at?  What do they mean?  What should they be?  And how can making small changes in each of these numbers have a huge overall impact on your bottom line?

I was talking data in my Mastermind this past week and that inspired this episode.  I wanted  to share what I believe are the most important metrics to know if you have an e-commerce store. 
These 5 metric are ones that you should almost know or track regularly in your e-commerce business.
Let's dive into what the heck all those acronyms actually mean!
Conversion rate (CR), AOV, RCR...

Listen to this episode, go check your shopify analytics to see how you rate against industry standards

The links mentioned in the episode:

Grab the link to 15 ways to attract traffic to your website.

5 day boost your numbers series
 
And if you want a Roadmap to Building  a Profitable Product Business head here for directions!

I'm Mel! from  @thelotco The girl who fell in love with business. Former Lecturer of Fashion Business with over 25 years in Retail and Wholesale, I have done it all. I’ve built two multi-million dollar product businesses that I’ve since sold, I’ve owned a retail store, I’ve been a buyer for big brands, I’ve been a seller, I’ve exhibited at over 50 trade shows, I’ve worked with 100's of brands to help them grow to over a million in sales, and I’ve taken all of my knowledge and distilled it into easy-to-follow practical business advice to help you confidently take the next steps in your product-based business in order to grow your business to consistent five-figure months and beyond. 

Find more details at https://www.thelotco.com.au/

Support the show

I'm Mel Robbins! from @thelotco

Want a Roadmap to Building a Profitable Product Business head here for directions!

Looking for ongoing support to grow your brand and sell more of your product? Join the Product Business Growth Club here.

Find more details at https://www.thelotco.com.au/

Business Coach for product-based businesses. Teaching creative business women how to build a scalable and profitable million-dollar product business whether a physical Retail store or Brand.

Over 25 years as a Retail and Wholesale Strategist (Sales and Marketing for Brands).

Grab my 8 step checklist on building a profitable product business.