On-Time Delivery: Metrics that Define Your eCommerce Business

[mstakh.i.mom.i]

As more consumers turn to online shopping, the importance of on-time delivery in eCommerce has become crucial. In fact, timely delivery is one of the main factors that sets successful eCommerce businesses apart from their competitors.

In this article, we will take a closer look at the elements or factors which make an eCommerce business successful and how on-time delivery has become the differentiating factor to achieving a competitive edge. We will also explore third-party logistics options in the industry, like Shiprocket, that help ensure reliable and on-time delivery on behalf of eCommerce businesses.

On time delivery
What Are the Metrics for a Successful eCommerce Business?
The success of a business in the eCommerce space will depend on several factors morocco phone number list that can be measured to determine the quality of service. Tracking such metrics allows businesses to remain on top of their niche. The factors measured to define a successful eCommerce Business are:

1. Customer Acquisition Cost (CAC) – Commonly called CAC, it identifies the sum total of all expenses incurred in the process of adding new customers to the business. This predictor or measure helps businesses to analyse if they are spending more in acquiring customers in comparison to what they are earning from their customers.

2. Conversion Rate – This factor measures the conversion of visitors to their website into customers. For a successful business, the conversion rate is high.

3. Average Order Value (AOV) – Commonly called AOV, it is the average spending of a customer per order at the eCommerce site. By tracking this metric, businesses can identify the maximum revenue earned from each customer.