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Targets

Set measurable goals in Bloom for profit, revenue, marketing, and customer metrics, then track actual performance against them over any period.

What is Bloom Targets?

Bloom Targets lets you turn key business metrics into measurable goals and track performance against them over a chosen time period. You pick what you want to achieve, how to measure it, and the period to track it for. Bloom then compares your store's actual performance against the target so you can see whether you are on track.

How it Works

Bloom offers two goal types. Each supports a specific set of metrics.

Reach a Goal

Use this when you want a metric to hit or exceed a specific target.

For example: reach 20% Net Profit Margin, reach 3.0 ROAS, reach $100,000 Gross Revenue, reach 40% Gross Margin (CM1%), or reach 500 orders.

Metrics available for Reach a Goal:

Metric

Type

Gross Margin %

Percentage

Contribution Margin %

Percentage

First Order Contribution Margin (Per Customer)

Value

Product Gross Margin

Percentage

Gross Merchandise Value

Value

Product Gross Profit

Value

Gross Revenue

Value

NC POAS

Value

NC ROAS

Value

Net Profit

Value

Contribution Profit

Value

Net Profit Margin

Percentage

Net Revenue

Value

New Customer %

Percentage

New Customers

Value

Orders

Value

POAS

Value

Gross Profit

Value

ROAS

Value

Total Revenue

Value

Stay Under a Cap

Use this when you want a metric to stay below a specific limit. For example: keep CAC below $30, keep Marketing Spend below $20,000, keep COGS below 30% of sales, keep Returns and Refunds below $5,000, or keep Operating Expenses below $10,000.

Metrics Available for Stay Under a Cap:

Metric

Type

CAC

Value

COGS

Value

Discounts

Value

Marketing Spend

Value

Marketing Spend as % of Sales

Percentage

Operating Expenses

Value

Order Fulfillment Costs

Value

Returns and Refunds

Value

How to Use it

  1. Choose your goal type. Select Reach a Goal if you want a metric to hit or exceed a target, or Stay Under a Cap if you want a metric to stay below a limit.

Targets in Bloom
  1. Choose the metric. Pick from the profit, revenue, marketing, or customer metrics available for your selected goal type.

  1. Set the target value. Enter a number or percentage, depending on the metric. For example, 20% for Net Profit Margin or $30 for CAC.

  2. Select a time period. Choose Year, Quarter, Month, Week, or a Custom period.

  1. Track your progress. Once the target is created, Bloom compares actual performance against it. For Reach a Goal, the objective is to move toward or above the target. For Stay Under a Cap, the objective is to keep the metric at or below the limit.

Example: September Profitability Goals

Target

Goal Type

Metric

Value

Period

Target 1

Reach a Goal

Net Profit Margin

20%

September

Target 2

Stay Under a Cap

CAC

$30

September

Together these give two clear benchmarks: lift profit margin to at least 20% while keeping customer acquisition cost at $30 or less.

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