The Numbers That Should Change What You Do
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Sessions are the least useful number
Traffic going up is pleasant and it means nothing on its own. A store with rising sessions and falling conversion is usually attracting the wrong visitors, which is worse than attracting fewer.
Always read traffic alongside what it did.
Four numbers that should drive decisions
- Conversion rate by source — which channels bring buyers, not just visitors
- Average order value — and what moves it
- Repeat purchase rate — the clearest indicator of whether the business compounds
- Product performance — which lines earn their shelf space
Conversion by source is the one that changes budget decisions. The channel sending the most visitors is frequently not the one sending the most customers.
Product-level analysis is neglected
Most stores know their best sellers by revenue and not by margin, return rate or support burden. A high-revenue product with a 30% return rate may be losing money.
- Revenue and margin, not just units
- Return rate per product
- Support contacts per product
- Review score, as a leading indicator of returns
Look at the funnel, not just the total
Shopify shows where sessions drop: viewed product, added to cart, reached checkout, converted. Each step has different fixes, and knowing which one is weak tells you where to work.
A store losing people between product and cart has a product page problem. One losing them at checkout has a delivery or payment problem. Those are entirely different projects.
Review monthly, act quarterly
Monthly for the trend, quarterly for decisions. Reacting to weekly fluctuations in a small store means chasing noise.
One decision per quarter, made from the numbers, is more than most stores manage and enough to compound.
Frequently asked questions
What conversion rate should we expect?
Do we need analytics beyond Shopify's?
How do we measure profitability per product?
What about attribution across channels?
Looking at analytics and not changing anything?
Four numbers and one quarterly decision is enough. Happy to help you work out which four.