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A Data-driven approach - KPIs that Work for Amazon Sellers!

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Sinopse

Data-driven decision-making is a process that helps you identify the key performance indicators (KPIs) that best describe your business. It also helps you identify the metrics that best reflect the impact of the changes you're making in your business. It's an analytical approach to decision-making that requires data. Instead of that, how do we get this to work in the real world? What do you measure? More importantly, how do you make sure that the metrics you choose are actually relevant to your business model? In this blog post, we'll explore some common KPI mistakes that many sellers make. We'll look at how data-driven approaches can help prevent these issues from happening. Time Stamps [00:43:43] What is Data - Driven Approach To Managing An E-Commerce Business? [01:45:70] Data Driven vs Data Informed is Better [02:51:15] Why Does Data-Driven Decision-Making Matter? [07:52:73] The S.M.A.L.L. Framework [12:40:56] KPIs You Need For Your Business [15:54:78] Are Revenue Targets A Good Plan? [19:10:33] Industry