June 26, 2025
Definition Customer Lifetime Value (CLV) is the total amount of money a customer is expected to spend on your store throughout their entire relationship with your business. It estimates how […]
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June 26, 2025
Coupon by URL
Definition Coupon by URL refers to a special link that, when clicked, automatically applies a discount coupon to a customer’s cart in WooCommerce. It removes the need for customers to […]
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June 26, 2025
Cost of Goods Sold (COGS)
Definition Cost of Goods Sold (COGS) refers to the direct costs involved in producing or purchasing the products a store sells. This typically includes the cost of materials, manufacturing, shipping […]
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June 26, 2025
Conversion Funnel
Definition The Conversion Funnel is the path a customer takes from the moment they land on your website to the point they complete a desired action, like making a purchase. […]
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June 26, 2025
Checkout Fields Customization
Definition Checkout fields customization refers to the process of modifying the fields customers see and fill out during the checkout process. This includes removing unnecessary fields, adding custom fields, reordering […]
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June 26, 2025
Cart Abandonment
Definition Cart Abandonment refers to the action of a shopper adding products to their cart but exiting the site before completing the purchase. Unlike the “rate,” this term focuses on […]
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June 26, 2025
Buy-to-Detail Rate
Definition Buy-to-Detail Rate measures the number of purchases divided by the number of product detail views. It tells you how many visitors actually bought a product after viewing its individual […]
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June 26, 2025
Buy Now Button
Definition A Buy Now Button is a direct call-to-action that bypasses the regular “Add to Cart” process and sends the customer straight to checkout. It’s designed to reduce friction, speed […]
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June 26, 2025
Bulk Discounts
Definition Bulk discounts are pricing incentives offered to customers who purchase large quantities of a product. These discounts can be fixed amounts, percentages, or tiered pricing that encourages shoppers to […]
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June 26, 2025
Bounce Rate
Definition Bounce Rate is the percentage of visitors who land on a page of your website and leave without clicking anything, navigating to another page, or taking any action. It’s […]
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June 26, 2025
Backorders
Definition A backorder happens when a customer places an order for a product that is currently out of stock. The order is accepted and fulfilled once the inventory is replenished. […]
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June 26, 2025
Average Order Value (AOV)
Definition Average Order Value (AOV) is the average amount of money a customer spends per order on your WooCommerce store. It’s calculated by dividing total revenue by the number of […]
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