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Essential Business KPIs for Online Stores & How to Track Them Like a Pro

20 min read

In the world of business, data is king. въпреки това, navigating this massive amount of information can be overwhelming.

Enter key performance indicators, or KPIs – the beacon that guides you through the stormy waters of data to the sunny skies of valuable insights for your business.

One of the most crucial aspects of ensuring business continuity is having a clear understanding of your business growth KPIs. This can help you develop better strategies, make more informed decisions, and ensure your business’s sustainable growth.

Така, какво точно представляват KPI в бизнеса, и как могат да ви помогнат да се съсредоточите върху това, което е най-важно за успеха на вашето начинание? Потопете се в тази публикация, за да научите за основните ключови показатели за ефективност на онлайн магазините и как да ги проследявате като професионалист.

Разбиране на KPI в бизнеса

В бизнес среда, където конкуренцията е ожесточена и маржовете са ниски, дълбоко разбиране на бизнес KPI (ключови показатели за ефективност) може да направи разликата между успех и провал.

Така, какво е KPI в бизнеса? По същество, KPIs are measurable values that can be used to assess an organization’s success in meeting various business objectives. They come in many forms – from measuring revenue growth and customer retention to tracking employee performance and productivity.

What Are KPIs?

At its core, KPI, meaning in business, is about measurement — they’re the critical (key) indicators of progress toward an intended result. KPIs provide a focus for strategic and operational improvement, create an analytical basis for decision-making, and help focus attention on what matters most.

Different Types of KPIs

When it comes to measuring business performance, there are various categories that KPIs can fall into. These categories help organizations track and evaluate different aspects of their operations, such as financial performance, customer satisfaction, operational efficiency, and employee productivity.

Here are some common KPIs that many businesses track:

  • Financial KPIs: these measure your business’s financial health and performance, such as revenue growth, марж на печалбата, и възвращаемост на инвестицията.
  • KPI на клиента: те проследяват колко добре обслужвате клиентите си и техните нива на удовлетвореност от вашите продукти или услуги - например, резултати за удовлетвореност на клиентите, проценти на задържане, и нетни резултати на промоутъра.
  • Оперативни KPI: те измерват ефективността и ефективността на вашите бизнес операции, като оборот на запасите и производителност на служителите.
  • KPI на служителите: те се фокусират върху индивидуалното и екипното представяне, като цели за продажби и рейтинги за обслужване на клиенти.

Why Businesses Need KPIs

Imagine navigating a ship without a compass. That’s a business without KPIs! Като собственик на бизнес, you need to track progress, forecast the future, and make decisions with confidence. KPIs are the compass that helps you steer your ship in the right direction.

Benefits of tracking KPIs:

  • Performance tracking: By defining and tracking KPIs, you can monitor your business’s performance in real-time and make necessary adjustments to stay on course.
  • Goal setting: KPI осигуряват еталон за поставяне на постижими цели и измерване на успеха.
  • Вземане на решения, базирани на данни: Вместо да разчитате на догадки, използването на KPI ви позволява да вземате решения, базирани на данни, които могат да доведат до по-добри резултати.
  • Определете области за подобрение: Чрез анализиране на вашите KPI, можете да идентифицирате области от вашия бизнес, които може да се нуждаят от подобрение и да предприемете коригиращи действия.

За онлайн магазин, tracking orders can guide decisions about inventory management and marketing strategies

KPI, които трябва да имате за онлайн магазини

Както виждаш, има много различни видове бизнес KPI и много показатели, които можете да проследявате. This may sound overwhelming at first and make you wonder what you should be focusing on in your online store. The thing is, depending on your business, the KPIs you choose to track will vary.

въпреки това, if you’re an online store owner, there are specific KPIs that can make a significant impact on your business’s bottom line.

Така, what metrics are the most important for your online store? Прочетете, за да разберете.

Tracking Traffic

Getting more visitors to your store starts with understanding where your traffic is coming from. By tracking website traffic, you can identify which channels are driving the most visitors and adjust your marketing strategy accordingly.

Here’s what you need to pay close attention to as an online store owner:

  • Number of online store visitors
  • How much time people spend in your online store
  • How many of the visitors are returning
  • What device they use to browse your store

That helps you track your store’s traffic and adjust your marketing strategy accordingly. Например, if most of your traffic comes from mobile devices, може да си струва да оптимизирате уебсайта си за мобилни потребители.

Проследяване на поръчки и реализации

За онлайн магазин, поръчките са жизнената сила на вашия бизнес. Проследяването на поръчки може да ви помогне да разберете вашите клиенти’ покупателно поведение и вземане на информирани решения за стимулиране на повече продажби.

Ето какво трябва да следите, когато става въпрос за поръчки:

  • Общият брой направени поръчки и приходите
  • Коефициент на преобразуване (брой извършени покупки/общ брой посетители)
  • Брой повторни поръчки
  • Колко артикула хората обикновено купуват
  • Колко артикула сте продали през определен период.

След като разберете кои фактори допринасят за по-големи поръчки, можете да използвате тези стратегии, за да насърчите клиентите да купуват отново и да правят по-големи поръчки. Например, ако забележите, че поръчките са скочили, след като сте предложили безплатна доставка за определена изразходвана сума, можете да използвате тази тактика отново, за да увеличите продажбите.

Проследяване на финанси

Проследявайте финансовите си потоци, за да разберете колко добре се справя вашият бизнес и да получите представа за бъдещето.

Here are the accounting metrics you need to have an eye on as an online store owner:

  • Your store revenue
  • Разноски
  • Средна стойност на поръчката, i.e., how much money you make per order
  • Average revenue per customer and visitor, i.e., how much money each customer brings you.

Tracking these numbers is essential to understanding your store’s financial health and making improvements. Например, if your average order value is low, you can focus on upselling or cross-selling strategies to increase revenue per order.

Tracking Marketing Metrics

Клиентите имат достъп до вашия магазин чрез множество канали, включително реклами, имейли, социална медия, и още. Чрез определяне на източниците, които имат по-голямо влияние върху вашите поръчки, можете да оптимизирате ефективно своите маркетингови стратегии.

Ето маркетинговите показатели, които трябва да проследявате във вашия онлайн магазин:

  • Изпълнение на вашите маркетингови кампании, като честота на кликване и процент на реализация
  • Откъде идват вашите поръчки (i.e., източници на поръчки).

Как да проследите ефективността на вашия онлайн магазин

Въпреки че има различни инструменти за проследяване на вашите бизнес KPI, it’s much easier to track your online store performance where you manage your business.

If you sell online using the Ecwid by Lightspeed ecommerce platform, not only do you get a powerful online store, but you also get valuable insights into its performance directly where you manage it all – in your Ecwid admin.

Reports and analytics section in the Ecwid admin

С Екуид, you can access real-time reports and analytics to monitor your online store’s performance, including sales numbers and customer data. You can actually track and measure all the critical online store KPIs we discussed above!

On the Доклади страница, you can get a comprehensive understanding of your store’s performance through key metrics: посетителите, поръчки, conversions, and accounting, which can serve as practical business KPI examples:

  • The Visitors section lets you keep an eye on store traffic, how long visitors stay in your store, what devices they use, and if they return.
  • The Conversions section shows you the percentage of visitors who actually make a purchase.
  • The Поръчки section lets you gain insights into the number of orders made, генерираните приходи, нови срещу повторни поръчки, и среден брой продадени артикули за определен период.
  • The Accounting section lets you stay updated on your financial flows. Той предоставя ценна информация за приходите на вашия магазин, разходи, средна стойност на поръчката, и среден приход на клиент и посетител.
  • There is also a Маркетинг section that gives you insights into the performance of your marketing campaigns, източници на поръчки, and the marketing strategies you’ve implemented in your store that have led visitors to make a purchase.

You’ll find line charts to analyze and forecast trends over different periods, tables for a detailed data examination, and interactive pie charts for a quick and insightful overview of key metrics.

Simply click on the dropdown and choose the time interval you want to customize the reports. To get more insights, you can choose a period for comparison. This lets you view how the metrics of the current period have changed compared to a period from the past.

Choosing a period for comparison

Benefits of Tracking Your Store Performance with Ecwid

There are various tools available for measuring your business metrics, but using Ecwid’s reports has its unique advantages:

  • С Екуид, можеш track all the essential metrics in one place rather than using multiple tools to gather different types of data.
  • Ecwid’s reports are automatically updated and synced with your store’s data, saving you time and effort.
  • The reports are easy to read and understand, with colorful charts and graphs that help visualize your store’s performance.
  • You have the flexibility to choose any period for each type of report and compare it with the same period from the previous week, month, or year.
  • Each metric brings a range of specific parameters that help you dive deeper into your store’s performance.
  • To stay in the loop, you have the option to receive weekly emails from Ecwid. These emails will not only provide you with your weekly stats but also offer some helpful advice on how to grow your business.

С Екуид, you can use the trends, статистика, and parameters the Reports provide to refine your strategies and ensure that your business is on the right track. So why wait? Start tracking your online store’s performance with Ecwid today and use the valuable insights to boost your sales, improve your marketing strategies, and reach new heights in your business.

The Visitors section in Ecwid’s reports

How to Start Using Reports with Ecwid

When it comes to running a successful online store, knowledge is power, and Ecwid provides you with all the necessary tools to track and understand your store’s performance.

To start using Ecwid’s reports, follow these simple steps:

  1. Регистрирайте се за Ecwid от Lightspeed.
  2. Open your Ecwid admin and click on the Доклади страница.
  3. Choose the type of report you want to view, such as visitors or orders.
  4. Customize the date range and other parameters to get a more detailed report.

Use the insights from the reports to make informed decisions for your business, and don’t forget to check in regularly and track your progress over time.

As an online store owner, it’s crucial to clearly understand your financial and marketing metrics to make informed decisions for your business. With Ecwid’s user-friendly reports, you can easily track and analyze these metrics in one convenient place.

To learn more about using the Reports tool in your Ecwid store, read this instruction from the Help Center.

Как да се възползвате максимално от отчетите на Ecwid

A great benefit of using Ecwid’s reports is that they unlock valuable insights into your online store data that would otherwise be challenging or even impossible to track with other tools. Ето някои от показателите, които можете да проследявате:

  • Показатели, които ви помагат да разберете успеха и дългосрочната устойчивост на вашия бизнес, като приходи на клиент или посетител
  • Показатели, свързани с разходите ви в магазина Ecwid
  • Metrics related to conversion by customer segments, such as new vs. returning visitors or desktop vs. mobile visitors.

Let’s explore a few examples showcasing how a deep understanding of these metrics empowers you to make informed decisions that drive business growth and improvement.

Managing Advertising Campaigns

Revenue per visitor helps you plan your advertising campaign and ensures you don’t overspend.

Checking average revenue per visitor in Ecwid’s reports

Казвам, your revenue per visitor is $1. Knowing this information, можете съответно да коригирате маркетинговите си кампании, за да похарчите по-малко от един долар, за да привлечете посетител. Насам, ще увеличите печалбите си в дългосрочен план.

Разбиране на печалбите срещу. Разноски

Metrics like revenue per customer help you plan future income. Например, ако знаете колко нови клиенти ще привлечете този месец, можете да изчислите колко пари ще спечелите този месец. Това е полезно, тъй като ви позволява да си поставяте реалистични цели и да проследявате напредъка си към тях.

Има и други показатели, които ви помагат да изчислите точно разходите си и да оцените бъдещите печалби.

Например, във вашия магазин Ecwid, имате възможност да посочите себестойността на стоките – себестойността, което е от съществено значение за изчисляване на разходите в магазина.

Насочване към високоефективни сегменти

Когато става въпрос за реализации по сегменти, като new vs. връщащи се посетители, можете да идентифицирате сегментите с висок процент на реализация и да се съсредоточите върху привличането на повече хора в тези сегменти. по същия начин, you can pinpoint the segments with low conversion rates and make improvements accordingly.

Comparing new vs. returning customers

Например, you’ve noticed a remarkably high conversion rate for orders among visitors who have previously visited the store. To maximize this opportunity, you could consider launching remarketing campaigns on Facebook to bring back visitors who have already shown interest but haven’t made a purchase yet.

Optimizing Website Experience

Metrics related to conversions by segments also help you identify areas for website optimization. Предприеме, например, desktop vs. mobile conversions. If you observe low conversion rates on mobile, it’s a clear indication that you need to work on improving the design of your website for mobile users.

Best Practices for Tracking and Measuring KPIs

In a world where data is king, your business’s ability to understand and use different KPIs will be a massive part of your success. So always keep an eye on those numbers because they all tell a story – the story of your business’s past, настояще, и, potentially, future.

To get the most out of measuring your business KPIs, here are some best practices to keep in mind:

Selecting the Right KPIs

Wrong KPIs mean the wrong direction. Така, how do you pick the right ones? It’s about what’s vital for Вашият business success. Here are some tips:

  • Align with your business objectives: Choose KPIs that align with your business goals and long-term strategy.
  • Keep it simple: Don’t get weighed down by too many KPIs. Focus on the essential ones that truly measure success.
  • Be relevant: Ensure your KPIs are meaningful and relevant to your business. Don’t just track something because it’s easy.
  • Monitor trends: Look beyond single data points and track trends over time to see how your performance is changing.

With a vast range of KPIs available, it can be overwhelming to select the right ones for your business. Но помнете, what matters most is picking the ones that align with your specific business goals and objectives. Ecwid checks all these boxes by providing easy-to-use reports that track your most important KPIs.

Tracking KPIs

Once you have identified the right KPIs for your business, it’s essential to track them consistently. Here are some tips for effective tracking:

  • Set a frequency: Decide how often you will track your KPIs – daily, седмично, месечно, и т.н.
  • Use technology: Обмислете използването на софтуер или инструменти за автоматично проследяване на вашите KPI и анализирането им в реално време.
  • Визуализирайте данните: Създавайте лесни за смилане визуализации на вашите KPI данни, като графики или диаграми, за бързо разбиране на тенденциите и моделите.
  • Следете срещу цели: Задайте конкретни цели за всеки KPI и проследете напредъка към тези цели.

В това отношение, използването на вградените отчети на Ecwid е точно това, от което се нуждаете като онлайн продавач: чисто, кратък начин за проследяване на напредъка ви и измерване на успеха спрямо вашата дългосрочна стратегия.

Резюме

Congrats, now you know ​​how to use KPIs to measure performance! Имайте предвид, все пак, that business KPIs are a compass, not a map. They guide you, but your strategy is what gets you to your destination — business success.

Ecwid is your partner in navigating through the waters of ecommerce. With reports by Ecwid, you can track, analyze, and use those insights to boost your business forward.

Sign up for Ecwid and seamlessly migrate your existing store. You’ll love managing an online store that keeps you informed about its performance at all times.

You can also take advantage of Ecwid’s other features, such as inventory, поръчка, and staff management, and marketing tools – everything that simplifies the life of a busy business owner. плюс, you can sync your Ecwid store with social media and marketplaces to sell on Facebook, Amazon, и още.

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About the author

Anastasia Prokofieva is a content writer at Ecwid. She writes about online marketing and promotion to make entrepreneurs’ daily routine easier and more rewarding. She also has a soft spot for cats, chocolate, and making kombucha at home.

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