In an AMA at the recently concluded Ecom World Conference, Nik Sharma 'The DTC Guy' , answered one of the most important question for Direct to Consumer online store owners - What are the most important metrics or KPIs to track for DTC stores ?
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According to Nik, there are two major categories of KPIs :
Fundamental Metrics (he referred to them as the main ones)
- Sales/Revenue
- Bottom line/ Profit Margin
Marketing KPIs (he referred to them as advertising kpis)
- Cost of Customer Acquisition
- Customer Life Time Value (LTV)
- Site Conversion Rate
- Average Order Value
- Units per transaction