Sales Boundaries dashboards are designed to empower Shopify merchants with insights into their sales performance. These dashboards enable merchants to explore metrics like percentiles, revenue boundaries, and regional breakdowns to drive better decision-making. With the ability to toggle dimensions and measures, you can customize your view to target specific business objectives.
Yearly Sales Boundaries
This dashboard offers a long-term perspective on sales performance, focusing on the past three calendar years.
- Exploring the Data:
The default measures, including “90th Percentile,” “75th Percentile,” and “50th Percentile (Median),” highlight revenue distribution across orders. Dimension columns like “Shipping Address Country” and “Order Risk Level” help identify high-performing regions and potential order risks. - How It Helps:
- Understand long-term trends in order revenue.
- Compare high-value transactions year-over-year.
- Identify consistent top-performing regions or high-risk areas.
- Tips for Usage:
- Toggle on dimensions like “Currency Code” to assess the impact of multi-currency transactions.
- Use percentile metrics to set realistic annual revenue goals.
- Example Use Case:
A merchant tracks the 90th percentile of orders to evaluate the impact of premium product launches in North America.
Quarterly Sales Boundaries
Zooming in on quarterly performance, this dashboard is ideal for evaluating seasonal trends.
- Focused Insights:
The dashboard defaults to percentiles, helping merchants pinpoint how sales vary within quarters. Dimensions like “Order Financial Status” provide a deeper understanding of order completions. - Use Cases:
- Assess the effectiveness of seasonal promotions or holiday campaigns.
- Compare performance between quarters to adjust inventory planning.
- Maximizing the Dashboard:
- Enable “Gross Profit Percentage” to evaluate profitability across high-performing quarters.
- Review “Item Vendor” to identify supplier contributions to quarterly revenue.
- Practical Example:
A merchant finds that Q4 sees an increase in high-value orders due to holiday campaigns and adjusts stock accordingly.
Monthly Sales Boundaries
This dashboard focuses on monthly metrics, providing actionable insights to adjust operations in near real-time.
- What You See:
Measures like “Median Revenue (50th Percentile)” and “75th Percentile” allow merchants to evaluate mid-range and higher-performing sales monthly. Dimensions such as “Shipping Address City” reveal regional performance. - Challenges Addressed:
- Track short-term trends and react swiftly to changes in sales patterns.
- Pinpoint months with unexpected revenue drops or spikes.
- Tips for Actionable Insights:
- Toggle “Order Updates” to analyze how often customers modify orders within a month.
- Use “Item Title” and “SKU” dimensions to monitor product-specific sales trends.
- Example in Action:
A merchant discovers that February sees a decline in sales and launches a targeted discount campaign for Valentine’s Day.
Weekly Sales Boundaries
The weekly dashboard delivers granular insights, perfect for fine-tuning campaigns and operational efficiency.
- Breaking Down the Week:
With metrics like 25th Percentile and Median, this dashboard helps identify how sales stack up week by week. Dimensions such as “Order Risk Level” can alert merchants to potential fraud. - How It Solves Problems:
- Monitor the immediate impact of short-term campaigns like flash sales.
- Adjust strategies based on weekly fluctuations in order revenue.
- Expert Tips:
- Enable “Refundable Quantity” to assess potential refund risks.
- Use “Shop Name” to compare performance across multiple Shopify stores.
- Illustrative Scenario:
A merchant uses the weekly dashboard to track the impact of a weekend flash sale, observing a 40% increase in high-value orders.
Take Control with AngularView
AngularView’s Sales Boundaries dashboards offer a wealth of customizable insights, helping Shopify merchants align strategies with data-driven decisions. Explore these dashboards to optimize performance across yearly, quarterly, monthly, and weekly dimensions. Start leveraging AngularView today to elevate your sales strategy and stay ahead of the competition!