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
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
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
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
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 […]
Read moreSales Funnel
Definition A sales funnel is the journey a customer takes from discovering your store to completing a purchase. It typically includes multiple stages like awareness, interest, decision, and action. Each […]
Read moreReturn on Ad Spend (ROAS)
Definition Return on Ad Spend (ROAS) is a metric that measures the revenue generated for every dollar spent on advertising. It helps store owners understand the effectiveness of their marketing […]
Read moreRepeat Purchase Rate
Definition Repeat purchase rate is the percentage of customers who come back and buy from your store more than once. It shows how well you retain customers and build loyalty […]
Read moreRelated Products
Definition Related products are suggestions shown on a product page to encourage customers to explore similar or complementary items. They can be manually selected or automatically generated based on category, […]
Read moreRefund Rate
Definition Refund rate is the percentage of total orders that result in refunds over a specific period. It helps track customer satisfaction, product quality, and fulfillment accuracy. Good or Bad? […]
Read moreRecently Viewed Products
Definition Recently viewed products is a feature that displays items a customer has looked at during their browsing session. This functionality helps users easily revisit items they were interested in […]
Read moreReal-Time Stock Sync
Definition Real-time stock sync refers to the automatic and instant updating of inventory levels across your WooCommerce store and any connected platforms. It ensures that when a product is sold, […]
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