Metrics Overview
Last updated: February 11, 2026
Here's an overview of all the key metrics available on the StoreHero platform. Each metric is defined with its formula and intended use to help you better understand and utilise these metrics for growing your e-commerce business profitably.
Metric | Formula | Use |
AOV | Total Sales / Orders | Used to determine the average order value over a period. |
Acquisition MER | Total New Customer Revenue / Total Ad Spend | Used to measure the efficiency of marketing expenses for acquiring new customers. |
Average No of Items | Total Items Sold / Orders | Used to track the average number of items per order. |
BEP MER | Gross Profit / Total Revenue = Breakeven MER | The Marketing Efficiency Ratio (MER) required for your ads to be profitable based on your gross profit margins. |
BEP ROAS | AOV / Gross Profit Per Order = Break Even ROAS | The Return on Ad Spend required for your ads to be profitable based on your gross profit margins. |
COGS | Product Costs + Shipping Costs + Fulfilment Costs + Packaging Costs + Transaction Fees | Used to determine the direct costs attributable to the goods sold. |
COGS % | (COGS / Net Sales) * 100 | Used to analyze the cost of goods sold as a percentage of net sales. |
Contribution Margin | Gross Profit - Marketing Costs | Used to evaluate the profitability after variable costs are subtracted from sales. |
Contribution Margin % | (Contribution Margin / Net Sales) * 100 | Used to measure contribution margin as a percentage of net sales. |
Cost Per Acquisition | (Ad Spend + Marketing Costs) / New Customers | Used to measure the cost to acquire a new customer. |
Fulfillment Cost | Used to track costs associated with fulfilling orders. Typically a combination of a pick cost, charged on an order basis and pack cost, charged on a unit basis. | |
Gross Profit | Net Sales - COGS | Used to measure net sales minus the cost of goods sold. |
Gross Profit % | (Gross Profit / Net Sales) * 100 | Used to measure gross profit as a percentage of net sales. |
Gross Profit Per New Customer | (New Customer Net Sales - New Customer COGS) / Number of New Customers | Used to measure the profit from new customers. |
Gross Profit Per Repeat Customer | Repeat Customer Net Sales - Repeat Customer COGS | Used to measure the profit from repeat customers. |
MER | Net Sales / Total Marketing spend | Used to measure the total return on marketing spend. |
Marketing % | (Marketing Costs / Net Sales) * 100 | Used to track marketing costs as a percentage of net sales. |
Net Profit | Net Sales - COGS - Marketing Costs - Operating Expenses | Used to measure the net profitability after all expenses. |
Net Profit % | (Net Profit / Net Sales) * 100 | Used to measure net profit as a percentage of net sales. |
Net Sales | Gross Sales - Taxes - Discounts - Returns + Shipping Revenue | Used to measure revenue generated from sales after deductions. |
New Customer AOV | New Customer Sales / New Customers | Used to determine the average order value from new customers. |
New Customer Acquisition Cost | Ad Spend + Marketing Costs / New Customers | Used to measure the cost to acquire a new customer. |
New Customer Contribution Margin | New Customer Gross Profit - New Customer Marketing Costs | Used to evaluate the profitability of new customers after variable costs. |
New Customer Sales | Net Sales generated by New Customers | Used to measure net sales generated from new customers. |
New Customers | Number of New Customers during given period | Used to count the number of first-time buyers during a period. |
Operational Expenses | Used to track costs related to the operation of the business. | |
Orders | Total orders during given period | Used to count the total number of orders during a period. |
Repeat Customer AOV | Repeat Customer Sales / Repeat Customers | Used to determine the average order value from repeat customers. |
Repeat Customer Sales | Net Sales generated by Repeat Customers | Used to measure net sales generated from repeat customers. |
Repeat Customers | Number of Repeat Customers during given period | Used to measure customers who have made more than one purchase. |
Returns | Total Refunds reported in Shopify | Used to measure the value of products returned by customers. |
Shipping Cost | Store shipping cost per order. Set in settings > order costs > shipping | Used to track the shipping cost paid by the store to shipping providers. |
Shipping Paid | Shipping paid for by customer as reported in Shopify | Used to measure shipping paid by customers as part of orders. |
Staff Cost % | (Staff Costs / Net Sales) * 100 | Used to measure staff costs as a percentage of net sales. |
Taxes | Taxes reported by Shopify | Used to indicate the tax amount included in the sales. |
Total Ad Spend | Blended spend reported by connected ad channels | Used to track the total cost of paid advertising across connected channels. |
Total Customers | Total Customers during given period | Used to count the total number of unique customers who have made purchases. |
Total Sales | Gross Sales - Discounts - Returns + Taxes + Shipping | Used to measure the overall sales generated by the business. |
Total Sales MER | Total Sales / Total Ad Spend | Used to measure total sales divided by total ad spend. |
Transaction Fees | Used to measure card processing fees paid by customers as part of orders. |