What are the most important KPIs for my business?
An example of an AI chatbot conversation about key performance indicators (KPIs) for businesses.
What are the most important KPIs for my business?
The most important KPIs depend on your business type, but common ones include revenue growth, customer acquisition cost, and net profit margin.
How do I measure customer acquisition cost?
You can measure customer acquisition cost by dividing your total marketing expenses by the number of new customers acquired in a specific period.
What KPIs should I focus on for a startup?
For a startup, focus on KPIs like customer lifetime value, churn rate, and monthly recurring revenue to gauge growth and sustainability.
Can you give examples of KPIs for e-commerce?
Sure! Important KPIs for e-commerce include conversion rate, average order value, and cart abandonment rate.
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