Metrics glossary

Every metric Marginful can show, with its formula and where it appears.

Every figure on Overview, Dashboards, Today and in exports comes from the same definitions. A metric shows — when it is undefined for the period, for example a ratio whose denominator is zero. It never shows 0 in that case.

Money metrics are in your reporting currency. See currencies and exchange rates.

Profit

MetricFormula
Net profitContribution profit − fixed custom costs − operating expenses
Gross profitNet revenue − COGS
Contribution profitGross profit − shipping − handling − payment fees − fulfillment − packaging − return costs − chargebacks − variable custom costs − marketing costs − ad spend
Net marginNet profit ÷ Net revenue
Gross marginGross profit ÷ Net revenue
Contribution marginContribution profit ÷ Net revenue
Net profit per orderNet profit ÷ Orders

Costs

MetricFormula
Total costsNet revenue − Net profit
Avg order costTotal costs ÷ Orders
COGSΣ (unit cost × units sold − units restocked) + RX lens cost
COGS % of revenueCOGS ÷ Net revenue
Shipping costsΣ carrier cost per order
Handling feesΣ (handling per order + handling per item × shippable units)
Fulfillment & packagingfulfillment + packaging + storage
Transaction feesΣ order payment fees + other gateway fees (payout, FX, account)
Custom costsorder custom costs + affiliate + influencer + fixed period costs
Operating expensesΣ expense amount for each day in the period
Return costsreturn shipping × returns + restocking cost × returned units (+ 3PL per-return fee)
ChargebacksΣ (disputed amount − recovered) + dispute fee
Chargeback lossChargebacks − Chargeback fees
Chargeback feesΣ dispute fee (or your default chargeback fee when none was reported)

Revenue

MetricFormula
Net revenueGross sales − discounts − refunds + shipping charged + tips − taxes
Gross salesΣ unit price × quantity
Net salesGross sales − discounts − refunds
DiscountsΣ line discounts
Discount rateDiscounts ÷ Gross sales
ReturnsΣ refunded line amounts + refund adjustments
Refund rateReturns ÷ Gross sales
Shipping chargedΣ shipping charged − shipping refunded
Taxes collectedΣ order tax − tax refunded
TipsΣ order tips
Gift card salesΣ net sales of gift-card lines

Orders

MetricFormula
Orderscount of orders, excluding test and excluded orders
Units soldΣ line quantities (gift cards and service lines excluded)
AOVNet revenue ÷ Orders
Units per orderUnits sold ÷ Orders

Customers

MetricFormula
Total customerscount of distinct customers with an order in the period
New customerscount of orders that are the customer's first order
Returning customerscustomers with any order that is not their first
Repurchase rateReturning customers ÷ Total customers
Purchase frequencyOrders by identified customers ÷ Total customers
CAC(Ad spend + other marketing costs) ÷ New customers

Marketing

MetricFormula
Total ad spendΣ daily spend on every ad platform
Other marketing costsΣ custom costs with "Counts as marketing" on
Platform-reported ad revenueΣ conversion value reported by each platform
Real ROASNet revenue of orders attributed to paid ads (last click) ÷ Ad spend
Platform-reported ROASPlatform-reported ad revenue ÷ Ad spend
Blended ROAS (MER)Net revenue ÷ Ad spend
POAS(Net profit + Ad spend) ÷ Ad spend
ncROASNet revenue from first orders ÷ Ad spend
Ad spend per orderAd spend ÷ Orders
Ad clicksΣ clicks reported by each platform
Ad impressionsΣ impressions reported by each platform
Ad conversionsΣ conversions reported by each platform
CTRAd clicks ÷ Ad impressions
CPCAd spend ÷ Ad clicks

Per-channel and custom metrics

  • Channel metrics repeat spend, revenue, ROAS, clicks, impressions and conversions for each connected ad platform.
  • Custom metrics are formulas you define yourself.
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Metrics glossary · Marginful Docs