Having the right growth analytics tools is essential in getting the best outcomes for your business.
From tracking customer experience and preferences to keeping tabs on what your competition might be doing differently – you need to know what’s going on.
These tools play an important role for startups who are working on achieving their business goals, whether by engaging new customers or getting optimal customer retention.
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Baremetrics is an analytics tool for companies that use subscription billing systems. The tool is designed to help generate all vital metrics to improve customer retention and business performance.
From tracking user preferences to keeping tabs on customers that cancel their subscription packages, Baremetrics offers startups and SaaS businesses a holistic and convenient way to optimize their customer acquisition costs.
The tool can be integrated with an array of payment platforms, such as Stripe, and is highly user-friendly.
Baremetrics offers a demo session and a free trial for new users. Get started now to optimize your subscription billing system.
Despite not being the easiest analytics tool to use, Google Analytics is the most readily available tool for everyone that runs a business online.
With Google Analytics, you can conveniently track bounces, page views, and the goal completion rates on your web pages.
Beyond this, you can also monitor the traffic sources of your web pages based on location and devices. Google Analytics allows you to analyze keywords and even set specific metrics to watch over time.
The only seeming con of this tool is that you would require some basic knowledge of analytics to optimally use the tool.
However, Google Analytics offers 24-hour support in its premium package for interested brands. The tool can also be integrated with some other analytics platforms.
Crazy Egg is another essential tool for your business website. The tools analyze the reaction of users to your online content.
With this, you can track the kind of content that better appeals to your audience and work on churning out this kind of content.
Crazy Egg has a heatmap view that indicates what area is most clicked by users. With this tool, you can strategize ad placements on your website even better.
Using this tool alongside other tools also helps to generate vital data on your sales funnel performance.
If your business offers a mobile app option to users, then Localytics is an essential tool to help you keep tabs on important metrics.
The tool monitors the number of times your app is opened, the time spent on the app, the tasks performed, and other tasks that often lead to them closing the app or uninstalling.
With Localytics, you can generate all the data you need to improve the user experience on your app and improve overall customer retention for your business.
As part of its management features, the app also offers the option of segmenting users based on selected criteria, making it easier to target a specific class of users when you need to.
Analytics tools are valuable to businesses largely for the data that they generate, but also for presenting that data in an actionable way.
These data help you to make the best decisions, but it’s even better when your metrics tools offers features that help with facilitation and implementation. Recover is a great example of this!
Baremetrics also offers users several other management tools ranging from user segmentation to forecasting using relevant data.
Incorporate Baremetrics with a free trial and improve your customer’s experience, giving them a reason for continued loyalty.
If you’re curious about how your churn stacks up with similar companies, our Open Benchmarks show you average churn rates based on average revenue per user.