Shopify
Top products Equates to product Selling Price x Ordered Quantity during the specified Date Range split up by Top Sold Products.
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Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Top products using Databox, follow these steps:
Goals
Scorecards
Metric Digest
Metric Builder
Data Calculations
Performance ScreenElevate your Shopify store with Databox's E-commerce Sales Performance template. Gain insights on Total Sales, Orders, Gross/Net Sales, and Average Order Value empower data-driven decisions, fostering growth and maximizing revenue.
Use this Shopify advanced report to share high-level and in-depth metrics of your ecommerce store performance. Present key metrics like Orders, Net Sales, New Customers, and more.
‘Gross Sales’ and ‘Discounts’ standard and dimensional metrics will be off by some cents on some days if ‘taxes included’ is checked in the connected Shopify account.
The reason for this, using the Discounts metric example, is that Databox has to calculate the actual discount from the values it gets from the API by subtracting the tax from it. This is done by calculating the tax with the tax rate and the discounted amount, which often yields decimal numbers, but Shopify has its own way of rounding these numbers in the User Interface. As a consequence, when observed with Daily granularity, some days may have discrepancies by a few cents due to rounding.
Affected metrics:
Discounts
˪ by Billing City
˪ by Billing Country
Gross Sales
˪ by Billing City
˪ by Billing Country
˪ by Top Products
˪ by New vs Returning Customers
˪ by Product Vendor
Shopify
Number of taxes associated with a sale or return during specified date range.
Shopify
Net sales is the total sales revenue generated by a business after accounting for returns, discounts, and other deductions. It is a key metric to measure a company's profitability.
Shopify
Equates to Gross Sales - Discounts - Returns + Taxes + Shipping Charges during the specified Date Range. Total Sales will be a positive number for a Sale on the date that an order was placed, and a negative number for a return on the date that an order was Refunded.
Shopify
The Net Quantity by Top products metric provides insight into the overall sales performance of a store's top products by tracking the total quantity sold versus the quantity returned or canceled, resulting in a net quantity sold.
Shopify
The Orders by Billing Country metric shows the number of orders placed by customers based on their billing country. It helps track the geographic distribution of sales and is useful in making decisions related to marketing and advertising strategies.
Shopify
Products metric indicates the total number of products available for sale on a Shopify store. It measures store catalog size and is crucial for tracking inventory and sales performance.
Shopify
The Low Inventory Products metric tracks the number of products in your Shopify store that have low stock levels. This helps you monitor inventory levels and avoid stockouts.
Shopify
This metric shows the number of units sold per specific variation (e.g. color, size) of a product. It helps measure the popularity of each variant and informs inventory management decisions.
