How often should I review abandonment metrics?

As a Shopify store owner who's constantly battling rising ad costs, I'm obsessed with understanding why potential customers are slipping through my conversion funnel. Every abandoned cart feels like money literally walking away. I've noticed our traffic is solid—thanks to some killer Meta ad campaigns—but our conversion rate seems stubbornly stuck. Some days, I'll see hundreds of product views and dozens of cart additions, but only a handful of actual purchases. It's maddening. I know abandonment is a universal e-commerce challenge, but I can't shake the feeling that we're missing something critical. Are customers getting cold feet? Are our offers not compelling enough? Is there friction in our checkout process? These questions keep me up at night. I need a systematic approach to not just track abandonment, but truly understand the underlying behaviors driving these drop-offs. I want metrics that aren't just numbers, but actionable insights that can help me optimize our store's performance. The goal isn't just to reduce abandonment—it's to transform those hesitant browsers into committed buyers.