Are you aware of the fact that close to 1 million business end up using Shopify. A press conference in the mid of 2020 went on to state the company has touched the magical figure and they have existence in around 175 countries. Suppose if you have access to this platform, you will have access to its reports just like a bigcommerce data connector. This gives you an idea about which are the products that are selling and which one is not. So, you are able to make crucial decisions when it comes to your e commerce platform. Analytical data will enable you to shape the business and how you are going to improve it. Your reports would give you an idea about how the customers interact, buy or end up spending money on the website.
If you have not gone on to cash in on the benefits of these reports, and are not aware on how to use them. Then you are going to leave behind an extra sum of money. To have a guide about the same let us understand about it in details.
More about the Shopify reports
Coming to the reports, it is the information that the platform provides you on how the new or the existing customers are known to interact with your business. At an initial glance the reports may replicate some form of spread sheets, figures along with numbers. But using these charts or figures enables you to run the business in a profitable manner. When you have these reports in your hand, it is known to enhance the performance so as to drive the customer traffic.
A point to consider is that the company does not provide reports on all their plans. It is rated to a premium feature and it is not something that is available with the low-end plans. Before you go ahead you need to have an idea about the various forms of plans that is offered by the company in details. It is better that you choose the advanced version of the plans to obtain reports of the same.
Being a seller, you can locate the reports in the analytical section of the dashboard. There is a section entitled reports and you can find them there. The report can be exported with an option of export report icon that is situated on the right-hand corner of the screen. Downloading each file is bound to provide access to more data, that is visible on the dashboard. Shopify data connector is expected to provide more inputs on the same.
The benefits of Shopify reports
Being a shop owner on Shopify you need to think beyond dashboards or reports. You need to pay considerable attention to your online store in this competitive world. But manually gaining insights would lead to wastage of resources and time. For this reason, the company has gone on to formulate a series of reports for the benefit of their customers.
To develop the business at every stage, there is a need to be making strategic decisions. In simple terms you have to analyse the data and strategies are to be developed that would lead your business in the correct direction. With the reports you can gain insights about the long term and short-term trends of the business. It would interpret the past reports and give you an idea on how the business can grow.
A notable feature is that these reports are available at your fingertips that makes it ease to check data and obtain proactive reports. Below are some of the benefits related to Shopify reports that is going to emerge
- Data protection is provided and enhanced conversion rates
- Profits are analysed to make sure that the store is running profitably
- You gain access to all the critical metrics at a single place
- Your marketing along with sales team is able to figure out the red flags or issues that needs to be addressed
If you feel that the Shopify reports are vital to enhance the profits of your store, the time is right where you need to develop relationships with your clients with the data that tends to emerge from these reports.
The popular type of Shopify reports
You may be a new set up who may set up their feet recently in the domain of e commerce or you can be a seasoned campaigner, Shopify reports are going to help a business at a considerable level. The insights along with data you are expected to gain from each report, is going to provide you with more knowledge about the customers or their products. You will be taking informed decisions about marketing campaigns, product design or sales strategy to name a few. There are various types of reports and each one conveys a specific objective.
To sum up things Shopify is one of the popular and fastest e commerce growing platforms in the world. Apart from the existing set of features, the reports provide a series of reports that is available at your fingertips. With the aid of the stellar report features, you are pretty aware that the marketing efforts may contribute to the success of the company.
With the reports you may take the data, go on to analyse it and then prepare a competitive advantage when it comes to the needs of your business. It helps you to reach out to your customers and ensures that the e commerce goals are accomplished. If you have an idea about the market place and align your business goals, it is going to provide you with vital insights. This makes a point that the business is expected to flourish in the long run.
But it has to be said these additional forms of reports do have their own challenges along with limitations. What it means that there would be no APIS, being available when it comes to the platform. You ought to be aware that once the brand grows your requirements are also expected to rise.