Shopify articles - Page 4

Store Targets - Configure the targets for your business metrics

Targets are your personalized goals for the main ecommerce metrics in your store. With them you can get your entire team all working towards the same numbers. By setting a Target, a couple things happen in the system: Your graphs will add a red Target line to show you how...

Your Prime Day

If you're in the US, happy June 4th today. What holiday is that? Whatever one you want. As we've seen with Amazon's Prime "Day" you can make up any company holiday you want. You just need to give it a name, promote it enough to your customers and industry, and...

Work on big projects during your slow seasons

Knowing if your Shopify store follows seasonal cycles can also help you schedule big projects. Most people wouldn't try to do a major project like a redesign in the middle of a busy winter season, that's initiative. The other side of that though can be forgotten, that's scheduling major projects...

Decide which metrics are important to your Shopify store

At the end of every month I take a few minutes to collect metrics on how the month went. I include regular business metrics like revenue, number of new customers, etc. Also for over a year now I've been tracking the speed of Repeat Customer Insights and its components. The...

Don't let long-term change sneak up on you

Most things can handle one-off spikes of change. A single hot day might hurt some plants but won't kill all of them. A stock outage this week from a vendor will lose you some orders, but you'll catch up later in the month. A flood of orders overnight will cause...

Find cohort acquisition channels that drive higher-value customers

One quick tip to find more big-spending customers is to track down what brought them to your store. Using a cohort report like in Repeat Customer Insights, find the cohort that has spent more revenue than its neighbors (next/previous months). Then drill-down into the cohort to find what sales channels...

Memorial Day and your growth calendar

With Memorial Day happening today in the US, many stores are wrapping up their Memorial Day sales. While it's almost too late to start (unless you can send out a quick gift card campaign), you can always plan for it next year. It comes around every year and always makes...

Stop starting new projects

Outside I have a number of projects waiting for me and better weather: clean out the garden shed recycle some fence wood into garden beds recycle more fence wood into storage boxes dig out two holes for ponds move wood chips onto paths and probably more I'm forgetting about. A...

Figure out which merchandise new and repeat customers are buying

Some merchandise is great at attracting new customers. Other merchandise is great at retaining customers. Oftentimes, those will be different products. If you heavily promote only one type to everyone, you're not going to be performing your best. Ideally you'd analyze your products to figure out which is which. What...

Target customers who order more frequently than average

One way to detect customer loyalty is by the number of orders they place. Without knowing anything else about them, a customer who placed ten orders is more likely to be more loyal than one who placed five orders. One of the most difficult tasks in ecommerce is getting a...

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