Definition Unique visitors represent the number of individual users who visit your website during a specific period, regardless of how many times they return. Each visitor is counted only once, […]
Read moreTime to First Purchase Meaning & Examples
Definition Time to first purchase is the amount of time it takes a new visitor or lead to make their first purchase after their initial interaction with your store. It […]
Read moreTrial Conversion Rate Meaning & Examples
Definition Trial conversion rate is the percentage of users who move from a free trial or freemium plan to a paid version of your product or service. It measures how […]
Read moreTransaction Volume Meaning & Examples
Definition Transaction volume refers to the total number of individual orders or purchases processed through your WooCommerce store over a specific period of time. It is a clear indicator of […]
Read moreTime to Fulfill Meaning & Examples
Definition Time to fulfill refers to the amount of time it takes for a store to process and ship an order after it has been placed. It starts the moment […]
Read moreTiered Pricing Meaning & Examples
Definition Tiered pricing is a pricing strategy where the unit price of a product changes based on the quantity purchased. Instead of one flat price, customers are encouraged to buy […]
Read moreThank You Page Optimization Meaning & Examples
Definition Thank You Page Optimization refers to improving the post-purchase page customers see after completing an order. Instead of using this page only for order confirmation, it can be enhanced […]
Read moreSubscription Churn Rate Meaning & Examples
Definition Subscription churn rate is the percentage of subscribers who cancel or do not renew their subscriptions during a given time period. It’s calculated by dividing the number of lost […]
Read moreStore Credit System Meaning & Examples
Definition A store credit system allows customers to receive credits they can spend on future purchases within the same store. Credits can be issued as compensation for returns, part of […]
Read moreStockout Rate Meaning & Examples
Definition Stockout rate is the percentage of time a product is unavailable for purchase because it’s out of stock. It’s calculated by dividing the number of days an item is […]
Read moreShopping Cart Abandonment Meaning & Examples
Definition Shopping cart abandonment refers to when a visitor adds items to their cart but leaves the store without completing the purchase. It’s one of the most common challenges in […]
Read moreShipping Time Meaning & Examples
Definition Shipping time refers to the duration between when a customer places an order and when the product is delivered to their doorstep. It’s a key factor that directly impacts […]
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