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

V Count

Build a relationship with customers. Average transaction value (ATV) This metric helps you better understand how much shoppers spend in your store on average. With this metric, you can get a better idea of how much customers are spending in your store on average. Organizing and holding events to attract customers.

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7 KPIs to Track & Harness Your Retail Store Performance

RETAIL MANAGEMENT SOFTWARE

Customer Retention Rate Essential for recurring revenue and loyalty. Formula: ((End Customers – New Customers) Starting Customers) 100 5. Average Transaction Value (ATV) Encourages bundling and upselling. Formula: Cost of Goods Sold Average Inventory 3. Formula: Units Sold Units Received 100 6.