Amplify your 2Checkout analysis with Baremetrics!
Baremetrics is built to do Customer Contraction analysis. Find out why Baremetrics is the best tool for Customer Contraction analysis and see your data accurately on beautiful Baremetrics dashboards.Analyse
What is Customer Contraction?
Customer Contraction is the total reduction in customers due to downgrades and subscription cancellations (or churn) compared to the previous month. The metric gives an indication of the long-term effect and is helpful in seeing how many customers a company is losing.
This happens when; A customer cancels a subscription and stops paying for the product, a customer downgrades from the existing plan, a new customer gets a discount, a customer removes add-ons.
What is 2Checkout?
2Checkout is an online payment processing service that helps you accept credit cards, PayPal, and debit cards. It allows businesses to quickly expand internationally and optimize recurring revenue streams across channels, by simplifying the back-end complexities that modern digital commerce creates.
In August 2020, Verifone acquired 2Checkout. As a result, 2Checkout will become Verifone.
Baremetrics vs. 2Checkout
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 Customer Contraction analysis with 2Checkout, choose Baremetrics over 2Checkout to get deeper insights.
Use Baremetrics to do Customer Contraction 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 Customer Contraction analysis. While you can do Customer Contraction analysis with 2Checkout, Baremetrics was built for Customer Contraction 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 Customer Contraction now. Make sure to compare Customer Contraction analysis with 2Checkout to the Baremetrics experience, and see which one works better for you. See your data accurately on beautiful Baremetrics dashboards!