With the competition becoming fierce every day, it is challenging to run an eCommerce business. As an online store owner, you will have to deal with multiple challenges that typically come with attracting customers to your business.
Even if you have managed to attract a group of customers to your store, you must devote your time and efforts to convincing customers to make purchases. It is undoubtedly the most challenging part of running any business.
So, to stand in the competition, you must put in extra effort and strategize your plan to meet your goals. Otherwise, you will have to taste failure which anybody would not want, right?
One of the best approaches you can adopt is periodically analyzing your eStore’s performance. And you can achieve this objective with the aid of an efficient analytics system. It will help your business use the true power of data, which helps facilitate better business decisions.
In this detailed guide, we will let you know almost everything about the Magento 2 Advanced Reporting and Analytics that you, an eCommerce store owner, should necessarily have a clear idea about. So, now, let’s get started with the discussion without wasting any more time:
What Are The Challenges That eCommerce Business Owners Typically Face?
As mentioned above, challenges are common when running an eCommerce store. Let’s understand a bit about these in the forthcoming section:
- For the successful operation of your online store and effective management of funds and time, you will require constant analyzing store revenue, trending products, statistics, and other vital details. It is equally crucial for you to process these data precisely and swiftly.
- Carrying out a thorough analysis of the sales-related information is also very important as it will help you to study consumer behavior. You can even get to identify your weak and robust sales points. It again will help you to make prudent business decisions.
The Magento default reports are sufficient to cope with all the discussed challenges. But you are not correct! The default feature of Magento only provides you with the assessment of basic reports of your eCommerce store.
However, if you are looking forward to creating advanced reports and want to track your monthly or daily sales and tailor the reports, installing a relevant extension or plugin is always a good idea. It will make your work a lot easier. Wondering how? Let’s find out in the following section:
How Can Magento 2 Advanced Reporting Extension Help Your Business?
Magento 2 Advanced Reporting & Analytics extension is a boon for eCommerce business owners. It offers three informative dashboards of customers, sales, and products where you can closely review your store’s statistics.
Also, with its help, you can generate enhanced reports for your eStore. Installing this add-on will assist you in analyzing the rapidly changing demands of the customers, exploring and comparing sales performance in distinct periods, and creating custom reports per your unique requirements.
It also provides you to assess all crucial metrics that help you to make efficient strategic decisions and precise business predictions. The best part about this extension is that it is compatible with multi-store. So, you can also check your data for the specific store.
What Are The Key Benefits Of Installing This Plugin To Your Store?
Your business can reap many attractive benefits by installing this extension. We will let you know about some of the important ones in this section to help you gain a much better understanding. So, let’s find out:
- Works effectively to boost your sales by offering detailed insight into customer demands.
- Helps in saving your precious time as you can run all important sales metrics in a single tool.
- Assists you in building an efficient sales strategy based on precise reporting.
- Helps in getting an overview of the performance of your store.
- Provides you with the opportunity to analyze every single aspect of sales activities.
- Allows you to keep track of product-related statistics.
- Assists you in carrying out a precise analysis of customer behavior.
How ZealousWeb’s Magento 2 Advanced Reporting Extension Is Distinct From Other Available Options In The Market?
ZealousWeb launched the Magento 2 Advanced Reporting & Analytics extension to make your eCommerce business journey easy. It is an incredibly flexible and user-friendly analytics suite that one can utilize to improve upon the default Magento reports in every possible manner.
The add-on created by their expert developers tends to offer 25+ new reports to the native Magento 2 functionality. This plugin is crafted in such a manner so that the admin can promptly check on the data which is related to sales, customers, and products.
Another unique feature of their plugin is that it comes with three appealing dashboards: sales, customer, and product. And each section of this extension has related reports, which you can use to take your store’s analytics to the next level.
Scheduling email notifications for any built-in or custom reports is also very easy with this extension. You can choose the notification timing and the data period as an admin. You can even generate Magento 2 Custom Reports per your preference.
By using the Advanced Reports feature of their Magento 2 extension, you could understand which specific products of your store can get more conversion. You can even get a clear idea of who will most likely buy your products.
Thus, you can do several things by installing ZealousWeb’s Magento 2 extension, from scheduling email notifications to comparing your sales.
General Features Of The ZealousWeb’s Magento 2 Advanced Reporting Extension
- This add-on comes with the availability of 25+ ready-to-use reports.
- It contains options that you can use for tracking all your customer, sales, and product data.
- This extension supports analysis for multiple sites.
- You get the opportunity to schedule email notifications for any report.
- It comes with the inclusion of product, customer and sales dashboards.
- It helps you carry out a detailed sales comparison for distinct data ranges.
- You can even use this extension to exhibit data based on a specific period, i.e., Year, Month, or Day.
In A Nutshell
We hope we have cleared all your doubts about the Magento 2 Advanced Reporting & Analytics extension. Whether you are a complete newcomer to the eCommerce business or have already established your presence, installing this add-on will surely boost your business’s growth by making your work easy.
Not only increasing your sales revenue, but this fantastic extension will also offer you valuable insights on sales trends and dependencies. The best part is that you can use this information to make strategic business decisions every time, which data would drive.
Based on your preference, you can either make use of ready-made eCommerce reports or create tailored reports from scratch to match your specific business needs.
Why wait to get all these special perks by installing an efficient extension to your Magento store? Contact ZealousWeb today to schedule a talk with the plugin developer. They are dedicated to providing answers to all questions.