Remove Advertising Remove Customer Retention Remove Net Profit Remove Returns
article thumbnail

KPIs In Retail: 7 Essential Metrics to Level Up Your Retail Game

V Count

When done right, both tactics will enable you to increase your average transaction value while also making customers happier. Gross and net profit Gross profit is the amount of money you have left after deducting the cost of goods sold from revenue. Why measure gross and net profit? CE-CN)/CS)) x 100.

article thumbnail

10 Most Important Ecommerce KPIs to Measure in 2023

Retalon

GMROI – Gross Margin Return on Inventory Investment Definition GMROI measures how efficient and profitable you are at turning your inventory into gross profit. It provides insight into which products generate the highest return on investment. Shoot for positive return on CAC by having CLV exceed the costs.