10 Most Important Ecommerce KPIs to Measure in 2023
Retalon
AUGUST 22, 2023
How to Calculate GMROI = (Annual Gross Margin รท Average Inventory) x 100 To break this down: Gross Margin = Total Revenue – Cost of Goods Sold Average Inventory = (Beginning Inventory + Ending Inventory) / 2 Benchmarks GMROI can vary widely depending on the retail sector: Overall, a GMROI of 2.0+ Anything under 1.0
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