average-order-size-e-commerce

| Category: KPIs Library.

The Average Order Size (AOS) KPI in e-commerce is a critical metric that reveals the average value of each purchase made on your platform. It offers insights into customer purchasing behavior, indicating how much they are willing to spend per transaction. This KPI helps businesses understand their pricing strategy’s effectiveness, gauge customer confidence and satisfaction,… Read more

what-is-a-succession

| Category: Product.

In the corporate world, the continuity of performance and leadership among employees is paramount. The expertise and internal understanding gained over time are priceless, and employees who grow within the organization typically align closely with its culture and goals. Almost all employers (94%) said that having a succession plan positively impacts their employees’ engagement levels…. Read more

how-to-improve-your-add-to-cart

| Category: KPIs Library.

To run any e-commerce business, you should know how important it is to convert your website visitors into customers. But before they can buy anything from you, they need to add your products to their shopping carts. This is where you need to use Add to Cart KPI to measure and track the process and… Read more

ai-okr-blog

| Category: Behavioral Economics.

Nothing has quite revolutionized communication like technology has. Whether the invention of the telephone in 1876 or the internet in 1983, strides have always been taken to connect us closer. More recently, we have begun to see discussions on using Artificial Intelligence (AI) in our day-to-day activities. Of course, communication is one such area that… Read more

the-silent-e-commerce

| Category: KPIs Library.

The digital marketplace appears bustling, brimming with endless possibilities. Customers browse and consider their virtual desires, filling digital carts with aspirational purchases. Often, these carefully compiled collections reach the precipice of checkout, only to vanish like phantoms, leaving behind a chillingly familiar statistic: the cart abandonment rate. This seemingly innocuous KPI represents far more than… Read more

How-to-conquer-Sunday-Scaries

| Category: Behavioral Economics.

Do you feel anxious, stressed, or depressed every Sunday night? Do you dread the thought of going back to work or school on monday? If you answered yes, you might be experiencing the Sunday Scaries. The Sunday Scaries are the feelings of doom and anxiety that show up the evening before another week begins. Various… Read more

| Category: Behavioral Economics.

The bedrock of efficiency is communication perhaps a blanket statement but one with a degree of truth. If you were to tell someone this, they might say that it’s obvious because why wouldn’t communication be essential? It is the most basic part of any working relationship. Yet, even though it seems obvious, there is a… Read more

Mastering-Total-OpEx

| Category: KPIs Library.

Information Technology (IT) is a crucial driver of innovation and growth, simply possessing technical expertise is no longer enough. To stay ahead of the curve, organizations must embrace operational excellence, and a key tool in achieving this is the Total OpEx IT Key Performance Indicator (KPI). What is the Total OpEx IT KPI? Total Operating… Read more

| Category: Employee Engagement.

Introduction In today’s fast-paced world, where talent is as rare as gold dust, the role of the Chief People Officer, People Operations Manager, or VP of People has evolved into something resembling a magic act. These professionals are tasked with keeping the gears of productivity turning and becoming the ultimate maestros in attracting and retaining… Read more

key-strategies

| Category: KPIs Library.

In today’s competitive talent landscape, attracting qualified candidates is only half the battle. The real challenge is keeping them engaged and interested throughout the recruitment process. Studies paint a grim picture. A Glassdoor study reveals a staggering 80% candidate drop-off rate across the application process. This means that for every 100 applicants, only 20 stick… Read more

how-to-use-pest

| Category: KPIs Library.

PEST analysis is a strategic framework that helps organizations assess the external factors that influence their operations and performance. Acronymically representing Political, Economic, Social, and Technological aspects, PEST encapsulates key influences that can both positively and negatively shape businesses. But how can you measure the effects of these factors on your business? How can you… Read more

Understanding-and-Utilizing

| Category: KPIs Library.

Introduction In the digital marketing world, understanding and analyzing Key Performance Indicators(KPIs)is crucial for measuring the success of your online strategies. One such vital KPI is ‘Page Views per Week’. This metric provides insights into the effectiveness of your content, website design, and marketing campaigns. Let’s dive into what it means, its formula, and how… Read more