|
|
FREQUENTLY USED MARKETING METRICS |
|
|
|
Customer Acquisition CostAverage marketing and sales cost associated with acquiring new customer. Example: total marketing investment divided by number of new customers.
Customer RetentionPercent of our customers who keep doing business with us. Customer retention rate is calculated per period, for example, annual customer retention rate.
Customer DefectionPercent of our customers who quit doing business with us. Customer defection rate is calculated per period.Brand RecognitionPercent of target audience who recognize our brand.
Advertising EffectivenessSales or profit generated by our advertising activities. Example: $ marginal sales divided by $ advertising activities.
Customer AdvocacyPercent of new customers who were referred by our current customers.
Customer LTVAverage number of years customers do business with us times average annual sales per customer discounted over the years.
Share of WalletOur sales compared to total customer purchasing of related products and services.
Sales Trend MetricsExample: Sales trend by customer segment, sales trend by channel, sales trend by product, sales trend by region, unit volume trend.
Customer SatisfactionThe level of customer satisfaction. Example: percent of customers with above average level of satisfaction, percent of dissatisfied customers, number of customer complaints.
Sales Transaction MetricsExample: Average order size, average product price.
Innovation and Growth MetricsExample: Sales from new products, sales from new channels, sales from new market segments, number of new products.
Customer Base MetricsExample: Total number of customers, number of customers per market segment, number of new customers, number of lost customers.
Product/Service AvailabilityExample: Percent of all retailers who sell our products and services.
Profitability MetricsExample: % gross margin, % net margin, margin per product category, margin per customer segment. |
|
|||||||||||||||||||||||