Tag: metrics

The five core marketing metrics

I’m starting to unify much of my marketing around a set of core metrics. There are five general categories: Traffic Leads Conversions Retention Revenue I then adapted them for Repeat Customer Insights to fit its business model (subscription software as a service): Traffic became Total traffic Leads became App installs Conversions became Trial completions Retention …

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Calculating the Repeat Sales Percentage metric

I’ve written about how your Repeat Sales Percentage can help you understand how much value new customers add to your store versus repeat customers. Today I want to show how to calculate it. Don’t worry, it’s just a simple division problem. Sales from Repeat Customers ---- Total Sales You’ll end up with a number from …

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Taking measurements to find the just-right zone

Since upgrading the heating and air in our house last year, I’ve had more control about the temperature my office is. As I start to feel too cold or hot I can turn it on, without having to adjust the whole house’s temperature. The problem is that it replies my feel to decide to turn …

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Detecting when processes are getting too stressed

I started saving garden seeds this year. As part of the process I’m doing germination tests on them to make sure they’re viable and likely to grow. The tests involve keeping them wet and checking on them every few days while recording their progress. The details aren’t important here. What is important is my record-keeping …

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Tomato envy and measuring your own results

I went for a walk yesterday and saw a bunch of tomato plants out in front yards (normal for Portland). Many plants were bigger than mine, one was twice as big, and a few already had fruit starting. At first I felt like I was behind but then I realized I don’t know much about …

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Use tracking codes to keep your marketing clear

Whenever you start marketing to customer segments you should use different UTM or other tracking codes to be able to track each campaign separately. Some systems like Repeat Customer Insights can work out their purchases without a tracking code but many systems cannot and could attribute those sales as new customer sales. Especially if it’s …

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Important metrics to watch in your Shopify store

Yesterday I wrote about watching over the right metrics and how that can help detect problems before they get too large (assuming you act on the metrics which I procrastinated on). When you run a Shopify store there are 100s of metrics you can track. Here’s a few that I’d recommend for every store: Total …

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Watching over the right business metrics

With my email marketing I focus on just two metrics: sales number of people sent my daily Shopify tips The reason for the first is oblivious, I need to make sales to stay in business. The number of people sounds like a vanity metric but I don’t use that to brag. It’s used to make …

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