Expert Answer • 2 min read

What are the most important Key Performance Indicators (KPIs) I should be tracking for CRO besides just the conversion rate?

As an e-commerce business owner, I'm constantly trying to understand the health and performance of my online store beyond just the basic conversion rate. I know there are deeper metrics that can provide insights into customer behavior, sales effectiveness, and potential growth opportunities. I want to develop a more comprehensive view of my store's performance and identify the most critical KPIs that will help me make data-driven decisions and optimize my conversion rate optimization (CRO) strategy effectively.
Muhammed Tüfekyapan

Muhammed Tüfekyapan

Founder & CEO

2 min

TL;DR - Quick Answer

Beyond conversion rate, critical CRO KPIs include Average Order Value (AOV), Cart Abandonment Rate, Customer Acquisition Cost, Bounce Rate, Time on Site, Revenue per Visitor, and Customer Lifetime Value. These metrics provide a holistic view of store performance and conversion potential.

Complete Expert Analysis

Essential CRO KPIs Beyond Conversion Rate

Understanding comprehensive performance metrics helps transform raw data into strategic insights that drive meaningful business growth.

Core Performance Indicators

KPIDefinitionBenchmark Range
Average Order Value (AOV)Total revenue divided by total number of orders$50-$150
Cart Abandonment RatePercentage of users who add items to cart but don't complete purchase60-80%
Customer Acquisition CostTotal marketing spend divided by new customers acquired$10-$50
Revenue per VisitorTotal revenue divided by total unique visitors$1-$5

Detailed KPI Breakdown

Engagement Metrics

  • Time on Site: Average duration of visitor sessions
  • Pages per Session: Number of pages viewed before exit
  • Bounce Rate: Percentage of single-page visits

Financial Performance

  • Customer Lifetime Value (CLV): Total revenue expected from a customer
  • Repeat Purchase Rate: Percentage of returning customers
  • Gross Profit Margin: Percentage of revenue retained after costs

Strategic Analysis Framework

1.

Holistic Performance View

Don't isolate metrics—understand their interconnected relationships and how they collectively represent store health.

2.

Continuous Benchmarking

Regularly compare your KPIs against industry standards and your historical performance.

3.

Actionable Insights

Transform data into specific, measurable improvement strategies for each underperforming metric.

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Muhammed Tüfekyapan

Muhammed Tüfekyapan

Founder & CEO of Growth Suite

With over a decade of experience in e-commerce optimization, Muhammed founded Growth Suite to help Shopify merchants maximize their conversion rates through intelligent behavior tracking and personalized offers. His expertise in growth strategies and conversion optimization has helped thousands of online stores increase their revenue.

E-commerce Expert Shopify Partner Growth Strategist

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