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