KPI
KPI is a metric that is used to measure the performance of an organization against its strategic objectives. It's a measurable value that shows how to achieve a business's objectives.
KPIs, or Key Performance Indicators, are measurable metrics that help businesses assess progress toward strategic, financial, and operational goals. For eCommerce stores, KPIs provide critical insights into performance, from revenue growth to day-to-day operational efficiencies.
Key performance indicators specifically help to achieve a business's strategic, financial, and operational goals and also compare them with other businesses within the same sector.