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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.

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10 Most Important Ecommerce KPIs to Measure in 2023

Retalon

Customer Lifetime Value (CLV) Definition Customer lifetime value (CLV) is the total revenue you can expect from an average customer over their entire lifetime with your business. It is a prediction of the net profit you will gain from your relationship with a customer.