How can I measure success for my online business?
Measuring success online can involve various metrics. Are you looking for sales, traffic, or engagement metrics?
I want to focus on sales metrics. What should I track?
You should track conversion rates, average order value, and customer acquisition cost. Would you like to know how to calculate these?
Yes, please explain how to calculate conversion rates.
Conversion rate is calculated by dividing the number of conversions by the total visitors and multiplying by 100. For example, if you had 1000 visitors and 50 sales, your conversion rate would be 5%.
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