Analytics for E-commerce: Track What Matters

Privacy-first analytics for online stores. Track sales funnels, customer behavior, and product performance with Matomo and Plausible.

4 min read

Analytics for E-commerce: Track What Matters

You can't optimize what you don't measure. E-commerce analytics tell you what's working, what's not, and where to focus your efforts. The right analytics setup pays for itself many times over.

Why E-commerce Needs Special Analytics

  • Track revenue - Not just pageviews
  • Product performance - What sells, what doesn't
  • Customer journey - Full funnel visibility
  • Attribution - Which channels drive sales
  • Privacy compliance - GDPR-friendly tracking

Best Analytics Tools for E-commerce

1. Matomo

Matomo is the leading open source analytics with full e-commerce support.

E-commerce Features:

  • Revenue tracking
  • Product performance
  • Shopping cart analysis
  • Abandoned carts
  • Customer lifetime value
  • Custom dimensions

Pricing: Free (self-hosted) or $19/month per site

Best for: Stores needing detailed e-commerce tracking

2. Plausible

Plausible offers simple, privacy-first analytics with goal tracking.

E-commerce Features:

  • Revenue goals
  • Conversion tracking
  • Funnel analysis
  • Custom events
  • Simple dashboard

Pricing: $9/month for 10K pageviews

Best for: Stores wanting simplicity

3. Umami

Umami is lightweight and privacy-focused.

E-commerce Features:

  • Event tracking
  • Custom properties
  • Real-time data
  • API access

Pricing: Free (self-hosted)

Best for: Technical stores on a budget

Essential E-commerce Metrics

Revenue Metrics

  • Total revenue - Overall sales
  • Average order value - Revenue per order
  • Revenue per visitor - Efficiency metric
  • Revenue by product - Best sellers
  • Revenue by source - Channel performance

Conversion Metrics

  • Conversion rate - Visitors to customers
  • Add-to-cart rate - Product interest
  • Cart abandonment rate - Lost sales
  • Checkout completion - Friction points

Customer Metrics

  • New vs returning - Customer loyalty
  • Customer lifetime value - Long-term value
  • Purchase frequency - Repeat rate
  • Time to second purchase - Retention

Product Metrics

  • Product views - Interest level
  • Add-to-cart rate - Purchase intent
  • Conversion by product - Performance
  • Revenue by category - Category success

Setting Up E-commerce Tracking

Matomo E-commerce Setup

  1. Install Matomo
  2. Enable e-commerce tracking
  3. Add tracking code:
// Track product view
_paq.push(['setEcommerceView',
  productSKU,
  productName,
  categoryName,
  price
]);

// Track add to cart
_paq.push(['addEcommerceItem',
  productSKU,
  productName,
  categoryName,
  price,
  quantity
]);

// Track purchase
_paq.push(['trackEcommerceOrder',
  orderID,
  grandTotal,
  subTotal,
  tax,
  shipping,
  discount
]);

Plausible Goal Setup

  1. Create revenue goal
  2. Add event tracking:
plausible('Purchase', {
  revenue: {
    amount: orderTotal,
    currency: 'USD'
  }
});

E-commerce Funnel Analysis

Standard Funnel

  1. Homepage - Entry point
  2. Category page - Browse products
  3. Product page - View details
  4. Add to cart - Intent to buy
  5. Checkout - Start purchase
  6. Purchase - Complete sale

Analyzing Drop-offs

Typical conversion rates:

  • Homepage → Category: 60%
  • Category → Product: 40%
  • Product → Cart: 15%
  • Cart → Checkout: 70%
  • Checkout → Purchase: 70%

Overall conversion: 2-3%

Optimization Priority

Focus on biggest losses:

  1. Product → Cart (85% loss)
  2. Cart → Checkout (30% loss)
  3. Checkout → Purchase (30% loss)

Product Performance Analysis

Top Performers

  • Highest revenue products
  • Best conversion rates
  • Most viewed products
  • Highest margins

Underperformers

  • Low conversion despite views
  • High cart abandonment
  • Negative reviews
  • Pricing issues

Actions

  • Promote top performers
  • Improve underperformers
  • Bundle products
  • Adjust pricing

Traffic Source Analysis

Channel Performance

Organic Search:

  • Long-term investment
  • High-intent traffic
  • Best conversion rates

Paid Ads:

  • Immediate results
  • Scalable
  • Track ROAS carefully

Social Media:

  • Brand awareness
  • Lower conversion
  • Good for retargeting

Email:

  • Highest ROI
  • Engaged audience
  • Best repeat purchases

Direct:

  • Brand strength
  • Loyal customers
  • High conversion

Attribution

Track full customer journey:

  • First touch attribution
  • Last touch attribution
  • Multi-touch attribution
  • Time decay model

Customer Behavior Insights

Segmentation

By Value:

  • VIP customers (top 20%)
  • Regular customers
  • One-time buyers
  • Window shoppers

By Behavior:

  • Frequent buyers
  • Seasonal buyers
  • Discount seekers
  • Full-price buyers

By Product:

  • Category preferences
  • Brand preferences
  • Price sensitivity

Cohort Analysis

Track customer groups over time:

  • Retention by cohort
  • Lifetime value by cohort
  • Purchase frequency
  • Churn rate

Real-Time Monitoring

What to Watch

Sales:

  • Current day revenue
  • Orders per hour
  • Average order value
  • Top products

Traffic:

  • Active visitors
  • Traffic sources
  • Popular pages
  • Geographic location

Issues:

  • Error rates
  • Cart abandonment spikes
  • Checkout failures
  • Page load times

Alerts

Set up notifications for:

  • Revenue milestones
  • Traffic spikes
  • Conversion drops
  • Error increases

Privacy-First Analytics

Why It Matters

  • Legal compliance - GDPR, CCPA
  • Customer trust - Respect privacy
  • No cookie banners - Better UX
  • Faster loading - Lightweight scripts

Best Practices

  • Use server-side tracking
  • Anonymize IP addresses
  • No personal data collection
  • Respect Do Not Track
  • Clear privacy policy

Reporting

Daily Dashboard

  • Yesterday's revenue
  • Conversion rate
  • Top products
  • Traffic sources
  • Issues/alerts

Weekly Report

  • Week-over-week growth
  • Channel performance
  • Product trends
  • Customer insights
  • Action items

Monthly Analysis

  • Month-over-month comparison
  • Seasonal trends
  • Customer cohorts
  • Strategic insights
  • Quarterly planning

Integration with Other Tools

Connect analytics with:

  • E-commerce platform - Shopify, WooCommerce
  • Email marketing - Track campaign ROI
  • CRM - Customer data
  • Advertising - ROAS tracking
  • Inventory - Stock optimization

Common Mistakes

Tracking everything - Focus on what matters ❌ No goals set - Define success metrics ❌ Ignoring mobile - 60% of traffic ❌ Not segmenting - Averages hide insights ❌ No action - Data without action is useless

Implementation Checklist

  • [ ] Choose analytics platform
  • [ ] Install tracking code
  • [ ] Set up e-commerce tracking
  • [ ] Configure goals
  • [ ] Create funnels
  • [ ] Set up dashboards
  • [ ] Configure alerts
  • [ ] Train team
  • [ ] Regular review schedule

Next Steps

  1. Install Matomo or Plausible
  2. Set up e-commerce tracking
  3. Create your funnel
  4. Monitor for 1 week
  5. Identify optimization opportunities

Conclusion

E-commerce analytics transform guesswork into data-driven decisions. With tools like Matomo and Plausible, you get enterprise-level insights at minimal cost.

Start tracking today, analyze your funnel, and systematically optimize every step of the customer journey.

Explore more analytics tools or e-commerce solutions.

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