If you are here you already know what a metric is, why use it and how it differs from KPIs, right? Next, we are going to know some examples of the metrics that you can track in your business. Therefore, keep reading The Ultimate API To Obtain Traffic Status In Only Seconds; we will tell you about Site Traffic API; a tool that will allow you to obtain all the information you need quickly and safely.
Examples of measurements for various business kinds
Sales income
It is the money from every purchase a customer does. Advertising initiatives, pricing changes, and seasonal variations are all related to sales revenue.
Customer retention and loyalty
To build a long-lasting relationship and increase sales, it’s critical to assess how you draw in customers, convince them to buy something, and keep buying from you.
Companies gather feedback from customers via surveys, direct in-store feedback, or other sorts of analytics to enhance service offerings and foster client loyalty and retention.
Cost of acquiring new clients
This covers all actions connected to campaigns and processes for marketing and sales.
A measure of the customer acquisition cost is obtained by dividing overall acquisition expenditures by the total number of new customers over time.
Gross profit
The gross margin, which is determined as the firm’s total sales revenue less the cost of products sold, divided by the total sales revenue, and then turned into a percentage, is another example of a measure that you should keep an eye on in your company.
So, businesses keep an eye on margins to boost productivity and look for ways to cut expenses, which boosts margins.
Gains and losses each month
They are a measurement of regular monthly fixed and variable operational expenses, such as rent, insurance, mortgage payments, taxes, salaries, or utilities.
General costs
This additional business statistic refers to fixed expenses like salaries and rent that are independent of the volume of goods or services a company generates.
Costs or overheads must be tracked separately, for example through an expense dashboard, because they are unaffected by how much a business makes or expands.
Differential Cost Percentage
It serves as a gauge for one of the costs that make up the total; the other is the fixed cost. The cost of goods sold and other expenses that go up with each sale, such as the price of labor, raw materials, shipping, and other costs involved in the creation or delivery of the goods, are examples of variable costs.
Inventory volume
It is a business measure that depicts the company’s assets that are currently or will soon be available for sale.
To know the number of products they have to sell, which represents their primary source of income, businesses must maintain good inventory control and be constantly vigilant.
Site Traffic API: The Ultimate API To Obtain Traffic Status In Only Seconds
So, with Site Traffic API you will be able to consult from where the site receives its traffic. It means you can check where the visitors are (per country); how many monthly visits they receive, and traffic sources (direct, social media, emails, etc). This API will allow you to order your database by the conditions you decide. Do you want to know which URLs receive the most traffic? Or do you want to know the pages that have the highest bounce rate? What are the URLs that make your users stay longer?
Thus, you can use this API to measure the performance of your own page. You can see the behavior of users and make decisions based on the metrics received. Retrieve Search Engines Rankings and Pages’ net worth as well.
What your API receives and what your API provides (input/output)?
Only pass the URL or domain you want to consult. And you will get traffic per country, monthly visits; engagement metrics such as average visit duration, bounce rate, pages per visit, and traffic sources. They are receiving their users from web searches? Do they receive the most traffic through paid advertising? This API will let you know that.
Want to learn more about Site Traffic API?
For additional information on how to take advantage of the Site Traffic API, go to the FAQ on Site Traffic or check to Use This Site Traffic API To Measure The Performance Of Your Site