Net sales by Top products is a metric that shows the total revenue generated by the best-selling products on a Shopify store. It helps merchants to determine which products are driving revenue and which ones may need optimization.
With Databox you can track all your metrics from various data sources in one place.
Used to show comparisons between values.
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Net Sales by Top Products using Databox, follow these steps:
Equates to product Selling Price x Ordered Quantity during the specified Date Range split up by New vs Returning Customers.
Equates to product Selling Price x Ordered Quantity during the specified Date Range split up by Billing City.
Net sales is the total sales revenue generated by a business after accounting for returns, discounts, and other deductions. It is a key metric to measure a company's profitability.
The Net Sales by New vs Returning Customers metric shows the revenue generated by customers who are either new to the store or have made a repeat purchase. It helps to identify which group brings in more revenue and informs customer acquisition and retention strategies.
The Net Sales by Product Vendor metric shows the total sales revenue generated by each vendor that contributed to the sale of products on the Shopify store.
Equates to Gross Sales - Discounts - Returns + Taxes + Shipping Charges during the specified Date Range split up by Top Sold Products.
The Net Quantity by Top products metric provides insight into the overall sales performance of a store's top products by tracking the total quantity sold versus the quantity returned or canceled, resulting in a net quantity sold.
Number of Taxes associated with a Sale or return during the specified Date Range split up by Billing City