Formula
NC Refund % = ( New Customer Refund Count ÷ New Customers ) × 100
Formula Components
Example
Your store had 8.2% New Customer Refund % this quarter:How It Works
This metric divides the number of new customer refunds by total new customer orders, expressed as a percentage. A rising refund rate among first-time buyers often signals product-expectation misalignment, misleading ads, or quality issues that disproportionately affect acquisition.When to Use
Related Metrics
See all Adjustments metrics →