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E-commerce KPIs That Actually Matter (and Ones You Can Ignore)

There are 50+ ecom metrics. You need 12. Here's the real KPI dashboard for running an ecom store, ranked by what actually moves revenue.

Vince Servidad
Vince Servidad
Performance Marketing Consultant
9 min read
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Most ecom dashboards have 50+ metrics. Most operators react to noise instead of signal. Here are the 12 metrics you actually need.

TL;DR

The 12 KPIs:

1. Revenue

2. Orders

3. AOV

4. Conversion Rate

5. Sessions

6. CAC

7. ROAS

8. Repeat Purchase Rate

9. LTV (90-day)

10. LTV/CAC ratio

11. Email % of revenue

12. Margin per order

KPI 1: Revenue

Total sales. The North Star.

Track:

  • Daily revenue.
  • 7-day, 30-day rolling.
  • Year-over-year growth rate.
  • KPI 2: Orders

    Number of completed orders.

    Why: revenue alone hides what's driving it. Could be more orders OR higher AOV.

    KPI 3: AOV (Average Order Value)

    Total revenue / Total orders.

    Levers:

  • Bundles.
  • Upsells.
  • Cross-sells.
  • Free shipping threshold.
  • A 10% AOV lift = 10% revenue with no new traffic.

    KPI 4: Conversion Rate

    Sessions that converted to a paid order.

    Benchmarks: see E-commerce Conversion Rate Benchmarks Philippines.

    Levers: page speed, reviews, trust signals, mobile UX.

    KPI 5: Sessions

    Total visitors.

    Track:

  • Total daily, weekly, monthly.
  • By traffic source.
  • Mobile vs desktop.
  • Sessions × Conversion rate × AOV = Revenue. Each lever lifts revenue independently.

    KPI 6: CAC (Customer Acquisition Cost)

    Total paid acquisition spend / new customers acquired.

    Calculate:

  • All ads spend.
  • Tools, agencies, freelancers focused on acquisition.
  • CAC by channel matters:

  • Meta CAC.
  • Google CAC.
  • Other channels.
  • KPI 7: ROAS (Return on Ad Spend)

    Revenue from ads / ad spend.

    Watch:

  • By channel.
  • By campaign.
  • Versus target.
  • Healthy ROAS depends on margin:

  • Lower-margin (15–25% net): need 4x+ ROAS.
  • Mid-margin (30–40%): 3x+.
  • High-margin (50%+): 2x+ can be sustainable.
  • KPI 8: Repeat Purchase Rate

    % of customers who've ordered 2+ times.

    Why: indicates product fit and brand loyalty.

    Healthy: 25–40% within 90 days.

    Levers: post-purchase emails, subscription option, loyalty program.

    KPI 9: LTV (90-day)

    Average revenue per customer in their first 90 days.

    Why: short-term version of LTV that's actionable. Real LTV needs 365+ days but takes too long to act on.

    See Customer LTV Guide for full calculation.

    KPI 10: LTV/CAC ratio

    LTV (90-day) / CAC.

    The single most important business metric.

  • Below 1: losing money.
  • 1–2: marginal.
  • 2–3: healthy.
  • 3+: excellent.
  • If your ratio is below 2.5, work on either side: lower CAC or grow LTV.

    KPI 11: Email % of revenue

    Klaviyo-attributed revenue / total revenue.

    Healthy: 25–35%.

    Below 15%: your email program is underperforming.

    KPI 12: Margin per order

    After COGS, shipping, payment fees, ad spend, fulfillment.

    Why: revenue isn't profit. Track real margin per order to know if scaling is profitable.

    Calculate:

  • Net order value.
  • Minus COGS.
  • Minus shipping.
  • Minus payment processing.
  • Minus allocated marketing.
  • = Margin per order.
  • What to ignore

    Page views

    Sessions matter; page views are noise.

    Bounce rate (alone)

    Some single-page conversions are fine. Don't optimize bounce in isolation.

    Average session duration

    Long sessions don't mean more conversions.

    Email open rate (post-Apple MPP)

    Apple inflates open rates. Use click rate and revenue per email.

    Total subscribers

    Vanity. "Engaged 30 days" matters.

    Reach / impressions (in isolation)

    Reach without conversion is wasted spend.

    Vanity revenue (gross, not net)

    Gross revenue is great but profit is what pays bills.

    Daily, weekly, monthly cadence

    Daily (5 min)

  • Revenue.
  • Orders.
  • ROAS.
  • Sessions.
  • Weekly (30 min)

  • AOV trend.
  • Conversion rate by source.
  • CAC by channel.
  • Email % of revenue.
  • Monthly (1 hour)

  • LTV per cohort.
  • LTV/CAC ratio.
  • Margin per order.
  • Channel mix shifts.
  • Building a dashboard

    Tools:

  • Shopify Analytics: most metrics.
  • GA4: traffic and engagement.
  • Klaviyo: email metrics.
  • Triple Whale or Looker Studio: combined view.
  • Build once, use weekly.

    What I tell new operators

    You don't need 50 metrics. You need 12, looked at consistently, and acted upon.

    Most operators look at metrics but don't change anything. The action matters more than the data.

    Want a custom dashboard?

    A clear KPI dashboard is the foundation of running a store. My Shopify Expert service includes reporting setup. Or learn the system in the Shopify Course Philippines.

    Related reading:

  • Shopify Analytics Deep Dive
  • Customer LTV: Calculation and Improvement
  • E-commerce Conversion Rate Benchmarks
  • Vince Servidad

    Written by Vince Servidad

    I've spent over $26M on ads and built my own 7-figure brand from scratch. I don't just 'manage ads'—I build the growth systems that actually scale businesses profitably.

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