KPI

What does it mean

KPI stands for Key Performance Indicators, which are essential performance metrics. They are measurable indicators that we use to track and evaluate the success and performance of an organization, product, service, or process.

More info

Examples of KPIs can include the number of units sold, return on investment rate, conversion rate, customer retention rate, and many others. KPIs are important tools for managing and optimizing business processes and can be used to identify areas that require improvement. Monitoring and analyzing KPIs can also help in setting future goals and strategies to achieve these goals.

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