Product Sales Analysis and Key Performance Metrics Dashboard

Product Sales Analysis and Key Performance Metrics Dashboard

By Michael Turner

January 19, 2025 at 03:41 PM

Sales analysis helps identify top-performing products and make data-driven business decisions. This guide explains how to analyze product performance using sales analytics.

Sales analytics provide essential metrics including revenue, order volume, and conversion rates. These insights help you:

  • Evaluate product popularity and performance
  • Compare sales across online store, POS, and third-party channels
  • Make informed inventory and marketing decisions

Accessing Product Sales Data:

  1. Navigate to Analytics > Sales > Product Sales
  2. Select date range (data available from January 2014)
  3. Filter by sales channel:
    • Website (online store and subscription sales)
    • POS (in-person sales)
    • Third-party platforms
    • All channels combined

Key Features:

  • Bar chart shows top 8 items
  • Detailed table displays up to 100 items
  • Sort by any KPI column
  • Search for specific products
  • View total sales or channel-specific data
  • Data includes all product variants combined

Important KPIs:

  • Revenue: Total sales value
  • Orders: Number of purchases
  • Views: Website product page visits
  • Conversion rate: Percentage of views resulting in purchases (website only)

Tips for Analysis:

  • Sort columns ascending/descending to identify trends
  • Use search to find specific products
  • Revenue is rounded in charts but exact in tables
  • View combined data across all sales channels
  • Monitor performance over different time periods

Understanding these metrics helps optimize inventory, pricing, and marketing strategies to boost sales performance and grow your business.

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