KPIs for E-commerce

Quiz
•
Professional Development
•
University
•
Medium
Natalia Carvajal
Used 3+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A conversion rate is a metric that estimates the percentage of visitors to your online store who take the desired action, such as conducting a purchase or subscribing to a newsletter
Conversion Rate (CR
Customer Lifetime Value (CLV
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
E-commerce organizations can make better decisions to push their profitability bottom line by knowing which KPIs and metrics to measure
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Average Order Value (AOV): is a metric that measures the average value of an order placed on an e-commerce website. This metric is used to push and the overall performance of an online store
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the metric that tells you how much revenue a single customer brings in over their lifetime
Average Order Value (AOV
Customer Lifetime Value (CLV)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Repeat Purchase Rate (RPR)
It is a crucial metric for e-commerce businesses. It measures the percentage of customers who make a second purchase from a store. A high RPR indicates that customers are happy with their first purchase and will likely return for more
True
False
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