Every ecommerce operator thinks they know if their numbers are good. Most are guessing. CPMs are up, iOS 14.5+ still muddies attribution three years later, and GA4 changed how "conversion rate" gets calculated in ways half the industry hasn't noticed yet. That's the gap this report fills.

These ecommerce benchmarks 2025 cover conversion rate, AOV, CAC, ROAS, retention, and channel mix, broken out by vertical and platform instead of flattened into one meaningless blended average. If you've ever read a press release claiming "average ecommerce conversion rate is 2.5%" and wondered what that actually tells you about your beauty brand doing $3M on Shopify, the answer is: not much.