Glossary

Analytics

Glossary

  • Revenue — the total of order amounts (including GST and shipping) for orders that aren't cancelled, refunded or failed.
  • Average order value (AOV) — revenue divided by the number of orders.
  • New / returning customer — first order in the period vs has ordered before.
  • Lifetime value (LTV) — how much a customer has spent with you in total.
  • Repurchase rate — share of customers who ordered more than once.
  • RFM — grouping customers by Recency, Frequency and Money spent.
  • Slow mover — a product that sells little for the stock you hold.
  • Scheduled report — a report emailed to you automatically as a CSV.
  • CSV — a spreadsheet file that opens in Excel or Google Sheets.