Amplify your Shopify Partners analysis with Baremetrics!
Baremetrics is built to do ARR analysis. Find out why Baremetrics is the best tool for ARR analysis and see your data accurately on beautiful Baremetrics dashboards.Analyse
What is ARR?
Annual Recurring Revenue (ARR) is the amount of money a company can expect to bring in from subscriptions on an annual basis. But what does that mean IRL?
Subscription businesses rely on their sales and marketing teams to bring money into the company in two ways: by selling new subscriptions and by selling upgrades to existing subscribers. Annual recurring revenue is one metric to determine the success of these teams.
ARR and its partner metric, Monthly Recurring Revenue (MRR), allow businesses to forecast cash flow in the short term and plan for expansion.
What is Shopify Partners?
The Shopify Partners Program is a program where you sign up to use the Shopify platform to build ecommerce websites, themes, and apps. These services allow you to sell any type of product, quickly set up a shopping cart, and create online storefronts and marketplaces. Shopify is a simple way to create an online store to list products, collect credit card payments, and ship your goods.
Shopify is an e-commerce application that connects directly to your Credit Card or PayPal account in order to process payments.
Baremetrics vs. Shopify Partners
Baremetrics is a comprehensive and accurate business metrics monitoring tool for metrics such as MRR, churn, and the total number of customers per subscription. Baremetrics automatically pairs with your payment gateway to accurately monitor your financial metrics. When it comes to ARR analysis with Shopify Partners, choose Baremetrics over Shopify Partners to get deeper insights.
Use Baremetrics to do ARR analysis
Baremetrics offers a dashboard of 26 business metrics directly in the control center.
Beyond these 26 metrics, you can use features such as Recover to get back your money from failed payments and Cancellation Insights to drive understanding of why your customers are leaving.
Baremetrics is built to do ARR analysis. While you can do ARR analysis with Shopify Partners, Baremetrics was built for ARR analysis and delivers everything you need. Check out this demo account where you can go and play with the Baremetrics dashboard without even signing up!
Get your Baremetrics free trial
You should sign up for the Baremetrics free trial and start analyzing ARR now. Make sure to compare ARR analysis with Shopify Partners to the Baremetrics experience, and see which one works better for you. See your data accurately on beautiful Baremetrics dashboards!