Amplify your 2Checkout analysis with Baremetrics!
Baremetrics is built to do Net Dollar Retention analysis. Find out why Baremetrics is the best tool for Net Dollar Retention analysis and see your data accurately on beautiful Baremetrics dashboards.Analyse
What is Net Dollar Retention?
Net dollar retention (NDR) is a method of measuring the performance of recurring revenue within a product portfolio. NDR measures the change in revenue over time within your existing customer base. The metric accounts for all changes to the customer base from upgrades, downgrades, and churn. With this information, organizations can quantify how much money exists in their existing revenue base and examine where that money went.
In other words, NDR = (Starting MRR + expansion – downgrades – churn) / Starting MRR*100
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 Net Dollar Retention analysis with 2Checkout, choose Baremetrics over 2Checkout to get deeper insights.
Use Baremetrics to do Net Dollar Retention 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 Net Dollar Retention analysis. While you can do Net Dollar Retention analysis with 2Checkout, Baremetrics was built for Net Dollar Retention 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 Net Dollar Retention now. Make sure to compare Net Dollar Retention analysis with 2Checkout to the Baremetrics experience, and see which one works better for you. See your data accurately on beautiful Baremetrics dashboards!