Shopify

This article will show you what eCommerce profit margins are & 6 proven-effective tactics to improve your eCommerce profit margins!

Let’s discover the differences between Gross Profit vs Gross Margin and formulas to calculate these 2 crucial metrics properly for your business!

LTV:CAC ratio is calculated by dividing the customer lifetime value by customer acquisition cost. It will tell whether you’re in the profit zone or not.

Having trouble optimizing your business profit? Let’s discover the operating profit margin metric to gain the most profitability for your online store.

Learning about Shopify expense tracking is the key to success on this platform. Read more and avoid spending money on meaningless expenses.

Cost of Goods Sold includes all the direct costs of producing the goods sold by your brand. If you can reduce COGS, your Gross Profit will increase.

Besides, Shopify supports multiple currencies and Shopify change currency, allowing you to sell products in any currency your customers are using.

What is a good gross profit margin? How to calculate it? What are some practices to improve your gross margins? Read it here.

You should set up a Shopify loyalty program if you want to keep your customers committed to your brand longer. Learn how to create your own now!

What is the profit margin? How to calculate it? What are the top 5 mistakes to avoid when calculating the profit margin? Learn more about it here!