16 key metrics you need to be tracking in your Magento website
Blog post from New Relic
New Relic provides full-stack monitoring for Magento websites to better understand site and store performance, inventory insights, customer behavior, and revenue trends. It offers various metrics such as total orders, total revenue, revenue at risk, response time and page load time, fastest-moving inventory performance, slow-moving inventory performance, wish list activity, restock alert analysis, checkout funnel analysis, abandoned carts, revenue-making channels, customer lifetime value (CLV) optimization, churn rate vs. growth rate, identify loyal customers, and detect fraudulent activities. New Relic's business observability capabilities help eliminate data silos by aligning monetary costs and revenue impacts to system performance in real-time, enabling faster issue resolution with proactive error detection and comprehensive third-party integrations.