Online retailers face many difficulties in attracting and retaining clients and consumers, due to the huge number of competitors available at the press of a button.
When potential customers visit your online store, many factors may influence their decision to either purchase your products or click off the site. Understanding the trends, patterns and behaviours that result in these decisions is an important factor in e-commerce success, but can be a difficult practice to take on. This is because minimising bounce rates and customer churn relies heavily on the ability to capture, analyse and use visitor data.
E-commerce reporting and analytics is used to help you manage your existing operations and expand into new audiences and markets, yet many business owners fail to integrate this into their operating functionality.
To access the best possible results for your online store, including reducing abandoned cart rates and retaining valuable customers, consider Moco Insight - a software-as-a-service (SaaS) Magento advanced reporting solution.
What does Magento reporting provide?
A vast range of data is collected every time a potential customer or client visits your online store. The challenge is in capturing and accurately analysing what this information means for your e-commerce business. Fortunately, a Moco Insight Magento reporting extension can deliver these insights to you as in depth and accessible reports.
With a SaaS Magento reporting system, your business unlocks critical e-commerce metrics that enable you to make important data-driven decisions.
Magento reports accessed through the Moco Insight extension provide accurate analysis on your most valuable customers, particularly in regards to lifetime value, frequency and loyalty. Additionally, the Moco Insights Magento analytics can help support your product management by providing insight into what you have sold by brand manufacturer and profit, which can offer you invaluable insight into which products a customer is most likely to purchase.
Using a Magento reporting solution can also enable your business to identify the best sellers on your site, in terms of brand, manufacturer and profit. Furthermore, this SaaS system can provide vital insight into which customers, products and regions generate the most profit, making it easier for you to make decisions on product management and sales forecasting.
Who can benefit from Moco Insights Magento analytics?
Any business owner operating an online store through the Magento platform can access a range of advantages from the Moco Insight reporting extension.
In particular, those businesses struggling to convert passive online visitors into active consumers, facing difficulties encouraging first time customers to return, considering expanding into new e-commerce markets or hoping to improve data utilisation should benefit from an advanced Magento reporting solution.
This SaaS Magento analytics system is recommended for any e-commerce business owner looking for a data solution to help manage, measure and grow their online store.
How to use your Moco Insight Magento reports
Investing in a Moco Insight Magento advanced reporting solution will open up a wealth of important information regarding your online store. Understanding and utilising this data is a crucial step towards effective consumer and product management, as well as potential growth within your industry.
To make the most of your Magento analytics, Moco Insights will upload your historical e-commerce data, which means we provide instant value.
Your Magento reports can be customised to reflect your e-commerce business plans and needs, ensuring you can easily access, understand and use the vast wealth of information being collated through the Magento reporting platform. For further user-friendly functionality, the Moco Insight SaaS solution also offers charting options to help visualise trends and vital statistical events.
How to get started with Magento advanced reporting
A Moco Insight Magento reporting platform is simple to access and install, which means you can begin to experience the benefits of this solution within moments of set-up.
So to start seeing how Moco Insight’s Magento plugin will give you online store the competitive edge sign up to a free trial today!
