Remove ATV Remove Customer Retention Remove Management
article thumbnail

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.

article thumbnail

7 KPIs to Track & Harness Your Retail Store Performance

RETAIL MANAGEMENT SOFTWARE

KPIs by Vertical: Why They Matter Apparel & Footwear Manage seasonal demand and reduce overstock. Customer Retention Rate Essential for recurring revenue and loyalty. Formula: ((End Customers – New Customers) Starting Customers) 100 5. Home Goods Monitor sell-through and avoid dead stock.