Conversion Metrics

Conversion Rate

Definition: Percentage of sessions that resulted in a purchase.

Calculation: (Transactions / Sessions) x 100

Benchmarks:

IndustryTypical Rate
Fashion1.5% – 2.5%
Electronics1% – 2%
Beauty2% – 3%
Home & Garden1.5% – 2%

Cart Abandonment Rate

Definition: Percentage of carts created but not purchased.

What it tells you:

  • Checkout friction points
  • Pricing or shipping concerns
  • User experience issues

Reducing abandonment:

  • Simplify checkout process
  • Offer multiple payment options
  • Display shipping costs early
  • Send abandonment emails

Purchase Funnel Analysis

The purchase funnel shows how customers move through the buying process:

StageDescription
SessionsAll store visits
Product ViewsVisitors who viewed products
Add to CartVisitors who added items to cart
Checkout StartedVisitors who began checkout
PurchasesCompleted transactions

Interpreting the Funnel

Drop-off between Product View and Add to Cart:

  • Price concerns
  • Poor product images
  • Missing information
  • Out of stock items

Drop-off between Add to Cart and Checkout:

  • Shipping cost surprise
  • Registration required
  • Limited payment options

Drop-off between Checkout and Purchase:

  • Complex checkout
  • Trust concerns
  • Payment failures

Top Selling Products

This section shows your best-performing products:

ColumnDescription
Product NameName of the product
Quantity SoldNumber of units sold
RevenueTotal revenue from product
ViewsNumber of product page views

Using This Data

  • Inventory planning: Stock up on bestsellers
  • Marketing focus: Promote top performers
  • Pricing strategy: Test pricing on high-demand items
  • Cross-selling: Suggest top products on other pages

Revenue by Category

See how different product categories perform:

ColumnDescription
CategoryProduct collection or type
RevenueTotal revenue from category
TransactionsNumber of orders with category items
SharePercentage of total revenue

Using This Data

  • Collection optimization: Improve low-performing categories
  • Seasonal planning: Track category trends
  • Marketing allocation: Focus on high-revenue categories

Revenue by Traffic Source

Understand which channels drive the most valuable traffic:

ColumnDescription
SourceTraffic origin (organic, paid, social, etc.)
RevenueTotal revenue attributed
TransactionsNumber of purchases
Conversion RateSource-specific conversion rate

Using This Data

  • ROI calculation: Compare ad spend to revenue
  • Channel investment: Increase spend on high-converting sources
  • Content strategy: Create content for valuable channels

Best Practices for eCommerce Reports

Regular Review Schedule

FrequencyFocus Areas
DailyRevenue, transactions, any anomalies
WeeklyConversion rates, top products, funnel
MonthlyAll metrics, trends, source analysis

Key Questions to Answer

  1. Is revenue growing? Compare to previous periods
  2. What drives purchases? Review top products and sources
  3. Where do customers drop off? Analyze the funnel
  4. Which traffic is most valuable? Check revenue by source
  5. How can I increase AOV? Review product performance

Actions Based on Data

FindingAction
Low conversion rateOptimize product pages, simplify checkout
High cart abandonmentAdd cart recovery emails, reduce friction
Single product dependencyDiversify bestsellers, improve other products
Traffic not convertingImprove targeting, landing page optimization
Declining AOVImplement upselling, create bundles

Understanding Data Accuracy

Event Tracking Requirements

For accurate eCommerce data, ensure these events are enabled:

EventRequired For
View ProductProduct views, funnel top
Add to CartCart metrics, funnel middle
Initiate CheckoutCheckout starts, funnel
PurchaseRevenue, transactions, conversions

Server-Side Events

For the most accurate purchase data:

  1. Enable Server-Side Events in Analytics Setup
  2. Configure the Measurement Protocol API Secret
  3. Server-side events are not blocked by ad blockers

See Server-Side Tracking for setup instructions.

Data Discrepancies

Revenue in Analyzely may differ from Shopify reports because:

  • Timing: GA4 data can have 24-48 hour delays
  • Attribution: Different attribution models
  • Tracking: Some transactions may not be tracked (blocked scripts)
  • Currency: Exchange rate timing differences

Troubleshooting

No Revenue Data

  1. Verify Purchase event is enabled
  2. Check that actual purchases have been made
  3. Confirm event tracking is working (check Realtime in GA4)
  4. Wait 24-48 hours for data processing

Conversion Rate Shows 0%

  1. Ensure sessions are being tracked
  2. Verify Purchase event fires correctly
  3. Check for tracking script blockers
  4. Test with a real purchase

Products Not Showing

  1. Enable View Product event
  2. Verify product page template has tracking
  3. Check product data layer configuration
  4. Test by viewing products in your store