Revenue Definitions

Data comes from Shopify

Metrics

Definitions

Refunds

The sum of the value of goods returned by customers or refunded.

Total Sales

Sum of revenue = gross sales - discounts - returns + taxes + shipping charges

Total Sales from New Customers

Sum of revenue on first-time orders = gross sales - discounts - returns + taxes + shipping charges

Total Sales from Returning Customers

Sum of revenue on repeat orders = gross sales - discounts - returns + taxes + shipping charges

Revenue Growth Rate

Percentage of the difference in revenue from one month to another.

Daily Shipping Revenue

Sum of shipping = shipping charges - shipping discounts - refunded shipping amounts"

Daily Shipping Costs

Sum of all shipment label purchased by the company.

Shipments

The number of shipment labels purchased each day.

MRR
Monthly Recurring Revenue

A normalized measure of a business' predictable revenue that it expects to earn each month from all active subscriptions on any given date

New Users

of people sign up & create an account on day of sign up.

New Customers

of people sign up, create an account & create an order on day of signup

New Orders

Number of first orders (only 1 per customers) on day of first order