Learn how to minimize lost sales with Shopify back in stock and preorder widgets of Notify Me. Discover why customers abandon their carts, the contributing factors, and actionable strategies using insights from your store’s data.
1. Definitions
The following terms used in this Agreement have the meanings set forth below:
- “Avg Monthly Revenue”: refers to the average 12-month revenue of your store from all the items sold.
- "Avg Monthly Out of stock rate" refers to the percentage of the products that are not in stock in your store in a 12-month span.
- “Traffic to request rate” refers to the percentage of your conversion rate on all lead magnet tools such as popups and forms