Bounce rate is a web analytics metric that measures the percentage of website visitors who leave a website after viewing only one page, without interacting with any other pages on the site.
When a visitor arrives on a website and does not engage further by clicking on any other pages or links, it is considered a "bounce."
The bounce rate is calculated by dividing the number of single-page visits by the total number of visits to the site and expressing the result as a percentage.
A high bounce rate can indicate that a website's landing page or content is not relevant or engaging to the visitor, or that the website's navigation and design are not user-friendly.
Bounce rate can be used to identify areas for improvement in a website's user experience and content strategy, and is often used in conjunction with other web analytics metrics to evaluate website performance.
MOQ stands for Minimum Order Quantity, which refers to the smallest quantity of goods or products that a supplier or manufacturer is willing to sell to a buyer in a single order.
Average Order Value (AOV) refers to the median total of every order a merchant receives during a defined period.
ERP stands for "Enterprise Resource Planning". It is a type of software system that allows businesses to manage and integrate their core business processes, such as accounting, procurement, inventory management, human resources, customer relationship management, and more.