Venituri : the total value of all sales for the period

[seoofficial2723]

But like the sales assistant in the store, this solution can be set up to be on and attentive, picking up on the customer's hesitation to buy and offering the solution. And you can learn from it.
E-commerce formula


Metrics and KPIs
If you run an e-commerce business, you definitely know albania phone number data what your revenue is. To estimate your revenue, growth, or business for the next quarter or year, you will need to use this form for your website.

Revenue = traffic x conversion x avv


Traffic: the number of users coming to the site

Conversie : the percentage of traffic that converts during the period (once or multiple times)

AOV : average order value.

How often to track the Ecommerce Formula?
We recommend checking this information at least weekly or monthly. Also, if the trend is not something you are happy with, you can always do one of the following:

traffic increases.
If traffic (users) increases and conversion rate and AOV remain the same, you will get higher revenue

Conversion rate
It's always good to improve your conversion rate. That way, with the same traffic and average order value, you'll earn more money without spending more on advertising, for example.

the average value of the order
Just like increasing conversion rate, AOV is important to generate more revenue. You can do Upsells or Crosssells for example to generate more from existing customers.