Profitability 101
Keep an eye on the bottom line. These metrics all contribute, and it’s good to review them weekly to spot any trends that might start affecting profitability.
Shopify
Grow Profit
Improve Conversion
Preview of the template
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Net Sales (Shopify)
$4,994,880
4.80%
4.80%
Was $4,768,300
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Total Marketing Spend (Blended)
$853,100
3%
3%
Was $828,600
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POAS (Blended)
5.15x
3%
3%
Was 5x
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Gross Margin (net of expenses) Shopify
$2,625,000
5%
5%
Was $2,500,000
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Gross Profit (net of expenses) Shopify
$1,605,000
7%
7%
Was $1,500,000
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CM1 (Shopify)
$3,000,000
Was
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CM1 % (Shopify)
57%
5%
5%
Was 54.28%
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COGS (Shopify)
$4,120,000
3%
3%
Was $4,000,000
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Returns (Shopify)
12,795.12
4%
4%
Was 12,303.00
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Discounts (Blended)
$204,000
2%
2%
Was $200,000
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Expenses (Shopify)
$1,530,000
2%
2%
Was $1,500,000
Andrew Jennings
Andrew Jennings
Rok Hladnik
Rok Hladnik
Kaleigh Moore
Kaleigh Moore
Google Analytics
Google Analytics
Moiz Ali
Moiz Ali
Shopify Team
Shopify Team
Thomas Kerleguer
Thomas Kerleguer
Taylor Holiday
Taylor Holiday
Chase Dimond
Chase Dimond
Alex Greifeld
Alex Greifeld
Amazon
Amazon
Tiktok
Tiktok
Shopify
Shopify
Improve Conversion
Improve Conversion
Klaviyo
Klaviyo
Meta
Meta
Google
Google
Facebook
Facebook
Grow Profit
Grow Profit
Nik Sharma
Nik Sharma
Increase LTV
Increase LTV
Reduce Acquisition Cost
Reduce Acquisition Cost