Analysis data Once there is data, then we can analyze that data

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Just so you know, the ability of conversion rate, closing rate, ROI & ROAS, % sales distribution, cost per buyer, cost per acquisition of a buyer and various others.

We need to understand what our purpose is for doing the analysis.
We want to find patterns, trends, and insights that can help us make the right decisions in business.
Start by looking at overall performance.
Don't just focus on total sales.

Also look at metrics such as conversion rate (how many people become customers after seeing the product), and retention rate (how many repeat customers).

For example, if we see a low conversion rate, there may indonesia phone data be a problem with the offer or product price. We can adjust the offer or think of a more attractive pricing strategy.

After that, we also need to analyze customer demographics.

Who buys our products? Age, gender, location, etc.

In addition, we also need to monitor the performance of each product.

Which products sell best, which do less well, and which can be improved.
You can look at it from the aspect of price, quality, or marketing.
This data can be our guideline for adjusting stock or marketing strategies.

This is also important, we have to look at sales trends all the time.

Do sales increase at certain times or decrease during school holidays?
If we can predict when the peak sales period is, we can adjust stock or do special promotions during that time.
For example, if you look at the data and notice that sales increase during the fasting month, you can plan to release special products during that time or do appropriate promotions.