When it comes to improving your Shopify store profit, we see a lot of eCommerce brands and business owners getting fixated on increasing their conversion rates, whether it be their online store eCommerce conversion rate, their paid advertising or email marketing etc.
There are a lot of things that influence online conversion rates. It can be direct competitors running a big weekend clearance sale, seasonality such as black Friday or Xmas, covid lockdowns and even page speed can all cause fluctuations with your store’s conversion rate.
With a metric that’s this variable, where else can you look to optimise your margins and ultimately improve your Shopify store profit?