Chapter 1: E-commerce Analytics
Chapter 1 of 15
Chapter 1: E-commerce Analytics
1.1 Advanced Analytics
Advanced e-commerce analytics provide deep insights into store performance, customer behavior, and revenue drivers. Use comprehensive analytics to optimize every aspect of your e-commerce business.
Analytics Platforms:
- Google Analytics E-commerce: Enhanced e-commerce tracking
- Shopify Analytics: Built-in e-commerce analytics
- Adobe Analytics: Enterprise e-commerce analytics
- Kissmetrics: Customer behavior analytics
- Mixpanel: Product analytics
E-commerce Tracking Setup:
- Enable enhanced e-commerce in Google Analytics
- Track product views and interactions
- Monitor shopping cart activity
- Track checkout process steps
- Measure transactions and revenue
Advanced Analysis:
- Customer behavior analysis
- Product performance analysis
- Sales funnel analysis
- Cohort analysis
- Attribution analysis
1.2 Key Metrics
Track key e-commerce metrics to understand performance and identify optimization opportunities.
Conversion Metrics:
- Conversion Rate: Percentage of visitors who purchase
- Cart Abandonment Rate: Percentage who add to cart but don't purchase
- Checkout Abandonment Rate: Percentage who start but don't complete checkout
- Product Conversion Rate: Conversion rate per product
Revenue Metrics:
- Average Order Value (AOV): Average revenue per order
- Revenue per Visitor: Total revenue divided by visitors
- Total Revenue: Overall sales revenue
- Revenue Growth: Revenue increase over time
Customer Metrics:
- Customer Lifetime Value (CLV): Total value from customer
- Customer Acquisition Cost (CAC): Cost to acquire customer
- Repeat Purchase Rate: Percentage of returning customers
- Average Order Frequency: How often customers purchase
Product Metrics:
- Best-selling products
- Product views and interactions
- Add-to-cart rate
- Product return rate
1.3 Analytics Dashboards
Create comprehensive dashboards for e-commerce monitoring.
- Real-time sales dashboard
- Product performance dashboard
- Customer behavior dashboard
- Marketing performance dashboard
- Executive summary dashboard
1.4 Analytics Best Practices
Follow best practices for effective e-commerce analytics.
- Set up tracking correctly
- Track all important events
- Create custom reports
- Monitor metrics regularly
- Use insights to optimize