Key performance indicators (KPIs) are data points that businesses can use to measure progress and meet their goals. KPIs are different from metrics, which are raw data points without context, as they attach a strategy to them, tying business objectives to specific metrics. There are various types of KPIs, including sales KPIs, marketing KPIs, customer satisfaction KPIs, financial KPIs, and operations KPIs, each measuring different aspects of a business's performance. To create effective KPIs, businesses should follow the SMART framework: Specific, Measurable, Achievable, Relevant, and Time-bound. By identifying their goals, choosing the right metrics, aligning with key stakeholders, setting an action plan, monitoring progress, and using automation tools like Zapier, businesses can hit their KPIs and achieve success.