Data-Driven Shopify Insights

By the Numbers is a comprehensive Shopify analytics app that provides deep customer insights, AI-powered segmentation, and advanced reporting to drive data-driven decision making.
https://bythenumbersapp.com/
Data-Driven Shopify Insights

Product Information

Updated:Nov 12, 2024

What is Data-Driven Shopify Insights

By the Numbers is a powerful Shopify analytics and reporting tool that helps e-commerce businesses gain a deeper understanding of their customers, products, and sales performance. It offers a suite of over 25 pre-made reports, AI-driven customer segmentation, advanced ROI tracking, cohort analysis, predictive forecasting, and customer loyalty analysis. The app is designed to simplify data analysis and provide actionable insights to improve marketing efforts, increase customer retention, and boost overall business performance.

Key Features of Data-Driven Shopify Insights

Data-Driven Shopify Insights is a comprehensive analytics app for Shopify stores that provides deep customer and product insights through advanced reporting, AI-powered customer segmentation, ROI analysis, cohort and LTV tracking, predictive forecasting, and customer loyalty analysis. It integrates with platforms like Google Ads, Meta, Klaviyo, and TikTok to enable data-driven marketing decisions and improve customer retention.
AI Customer Segmentation: Automatically segment customers into key groups using AI and machine learning, with options for custom segmentations.
Advanced ROI Reporting: Analyze the true lifetime value of marketing campaigns to identify those driving long-term customer loyalty.
Cohort & LTV Analysis: Detailed reports on customer retention, repurchase rates, and lifetime value to understand customer behavior over time.
Predictive Forecasting: AI-driven tools to help set and track business goals more effectively based on historical data and trends.
Platform Integrations: Seamless integration with major platforms like Google Ads, Meta, Klaviyo, and TikTok for enhanced marketing capabilities.

Use Cases of Data-Driven Shopify Insights

Targeted Marketing Campaigns: Create highly personalized marketing campaigns by segmenting customers based on their behavior and preferences.
Customer Retention Optimization: Identify at-risk customers and develop strategies to re-engage them using loyalty analysis and RFM segmentation.
Product Performance Analysis: Gain insights into top-performing products and optimize inventory management based on advanced product reporting.
Ad Spend Optimization: Improve ROI on advertising by identifying campaigns that drive long-term customer value, not just one-time sales.

Pros

Comprehensive suite of analytics tools tailored for Shopify stores
AI-powered insights for more accurate customer segmentation and forecasting
Integrations with major marketing platforms for streamlined data analysis

Cons

May have a learning curve for users new to advanced analytics
Pricing may be a consideration for smaller businesses

How to Use Data-Driven Shopify Insights

Install the By the Numbers app: Go to the Shopify App Store and install the By the Numbers app on your Shopify store. Start with the 14-day free trial.
Connect your data sources: Connect your Shopify store data as well as any other integrated platforms like Google Ads, Facebook Ads, Klaviyo, etc.
Explore pre-built reports: Browse through the 25+ pre-made reports to get insights on customers, products, sales, etc. Key reports include Customer Lifetime Value, Cohort Analysis, and RFM Segmentation.
Set up AI customer segmentation: Use the AI-powered segmentation tool to automatically group your customers into key segments based on their behavior and attributes.
Create custom segments: Build your own custom customer segments using the flexible segmentation builder. For example, 'customers who spent over $99 on first order'.
Analyze ROI and LTV: Use the advanced ROI reporting to see the true lifetime value of your marketing campaigns and identify which ones drive loyal customers.
Set up predictive forecasting: Leverage the AI-driven predictive forecasting tools to set and track business goals more effectively.
Conduct loyalty analysis: Use the RFM (Recency, Frequency, Monetary) analysis to identify your most loyal customers as well as those at risk of churning.
Create targeted marketing campaigns: Use the insights and segments to create highly personalized marketing campaigns across your integrated platforms like Klaviyo or Facebook Ads.
Monitor and optimize: Continuously monitor your key metrics and reports, and use the insights to optimize your marketing, product, and business strategies.

Data-Driven Shopify Insights FAQs

By the Numbers is a Shopify analytics app that provides data-driven insights and reports to help e-commerce businesses understand their customers, products, and sales performance. It offers features like customer segmentation, cohort analysis, lifetime value calculation, and predictive forecasting.

Analytics of Data-Driven Shopify Insights Website

Data-Driven Shopify Insights Traffic & Rankings
5.1K
Monthly Visits
#2889676
Global Rank
#1320
Category Rank
Traffic Trends: May 2024-Nov 2024
Data-Driven Shopify Insights User Insights
00:04:51
Avg. Visit Duration
5.11
Pages Per Visit
35.91%
User Bounce Rate
Top Regions of Data-Driven Shopify Insights
  1. GB: 56.8%

  2. US: 15.03%

  3. IN: 12.1%

  4. CL: 7.04%

  5. DE: 5.08%

  6. Others: 3.95%

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