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Analytics metrics explained - content test

Kelly at ABConvert avatar
Written by Kelly at ABConvert
Updated this week

This guide explains the metrics you can find in the analytics dashboard when running a PDP content test. It will help you understand how views, conversions, and profits are defined so you can confidently evaluate test results.

Metrics explained

Total views

Metric

Definition

Formula

Total views

  • Number of product page views

  • Based on session storage in the browser, each product page viewed in a unique tab/session counts once

Conversion rates

Metric

Definition

Formula

Add to cart

  • Percentage of views that resulted in adding the test product to cart

  • The event is recorded once per session

  • Adding the product multiple times in one session counts as one event

# of add to cart events / # of views

Checkout

  • Percentage of views that led to the checkout page

  • The event is tracked once per session

  • It will automatically logs an Add to Cart event if it hasn’t occurred yet.

# of checkout events / # of views

Order

  • Percentage of views that led to an order

  • The order event is recorded once per session

# of orders / # of views

Average metrics

Metric

Definition

Formula

Average order product value

  • Average revenue per ordered test product

  • Only revenue from test products is included

Total revenue of all test products / # of order events

Profit per product view

  • Average profit per product view

Total profit / # of Views

Breakdown table

Metric

Definition

Formula

Views

Total number of product page views for the test group

Cost

Cost for each variant, shown at Display > Variant level

Add To Carts

Total number of add to cart events for the test group

Checkouts

Total number of checkout events for the test group

Orders

Total number of order events for the test group

Revenue

Total revenue generated by test product for the test group

Total product value + shipping - discount - tax

Product Sold

Total quantity of test product sold for the test group

Ad Spent

Total advertising spend attributed to the test group

ROAS

Revenue generated divided by ad spend

Revenue / ad Spend

Profits

Total revenue from test product minus cost of goods sold (COGS), based on Shopify COG data or custom COG

Total revenue - (COGS × quantity sold)

Profit Margin (%)

Profit as a percentage of revenue

(Profit / revenue) × 100

Average Order (Product) Value

Average revenue per order

Revenue / # of Orders

Conversion Rate

Percentage of views that led to an order

Orders / Views

Revenue per visitor (view)

Average revenue per product view

Revenue / Views

Profit per visitor (view)

Average profit per product view

Profit / Views

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