26
Oct
Using data to make informed business decisions is a crucial aspect of running a successful business on Shopify. Analytics and reporting tools provided by Shopify can help you extract valuable insights from your data and guide your decision-making process. Here's how you can leverage data to make informed business decisions on Shopify: Identify Key Metrics: Start by identifying the key metrics that align with your business goals. These metrics could include sales, revenue, conversion rates, average order value, customer acquisition cost, customer lifetime value, or inventory turnover. By focusing on these metrics, you can track and analyze the data that…