Amplify your Stripe 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 Stripe?
Stripe is an online payment gateway that powers commerce for hundreds of thousands of businesses of all sizes, from startups to established players. Stripe’s technology makes it easy for businesses to be built on the internet, supporting use cases as broad as e-commerce, subscription billing, donations, self-serve content and software as a service.
Stripe’s developer tools and APIs make it easy to accept payments online, whether you’re an entrepreneur building a new service or a developer integrating payments into your website. Stripe is designed to provide flexibility and support online businesses in every step of their development process.
Baremetrics vs. Stripe
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 Stripe, choose Baremetrics over Stripe 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 Stripe, 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 Stripe to the Baremetrics experience, and see which one works better for you. See your data accurately on beautiful Baremetrics dashboards!