How to read Shopify analytics?
Focus on conversion rate, average order value, customer acquisition cost, and lifetime value to make data-driven decisions.
Shopify Analytics Guide
Key Metrics
1. Conversion rate: Visitors → Customers 2. Average order value (AOV): Revenue ÷ Orders 3. Customer acquisition cost (CAC): Marketing spend ÷ New customers 4. Customer lifetime value (LTV): Total revenue per customer
Shopify Reports
- Sales: Revenue, orders, products
- Acquisition: Where traffic comes from
- Behavior: What visitors do on your site
- Finance: Profit margins, taxes
Google Analytics (GA4)
- Set up enhanced ecommerce tracking
- Create custom funnels
- Track user behavior flow
Action Items
- Review analytics weekly
- Compare periods (week over week, month over month)
- Set up automated reports
- Make one data-driven change per week