discount code

How to Measure the Success of Discount Codes?

To determine the effectiveness of your discount codes, monitor the following metrics:
Redemption Rate: The percentage of recipients who use the discount code.
Increase in Sales: The overall sales generated from the code.
Customer Acquisition: The number of new customers gained through the campaign.
Average Order Value: The average amount spent per order using the discount code.
Customer Retention: Whether the discount led to repeat purchases.

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