Sales KPIs
SALES KPI TO ACHIEVE BUSSINESS GOALS TO BOOST SALE · Year-over-year sales YoY Sale) · Conversion rate (CR) · Average order value (AOV) · Basket size TO STRENGTHEN CUSTOMER EXPERIENCE · conversion rate (CR) · average order value (AOV) · basket size · customer retention rate (CRR) TO Reduce stock-outs · Inventory turnover (ITR) · Sell-through rate (STR) · Shrinkage TO Optimize profits · Cost of goods sold (COGS) · Gross profit (GP) · Net profit (NP) · RETURN ON SALE (RoS) · Gross margins return on investment (GMROI) A FEW SALES KPI EXPLAINED IN SHORT COGS Measuring your COGS is essential to achieving profitability . If you know how much you spent to acquire or produce your products, you can set prices that are competitive , but that also offset your expenses. average order valu