Best OrderMetrics Alternatives for Profit Tracking and Analysis
Published February 28, 2022.
In the world of online business, in order to make sound decisions about the future of a website, it is crucial to track and analyze profits. While many profit tracking and analysis tools are available, not all are created equal.
To see how it stacks up, in this post, we'll compare and contrast OrderMetrics against some of the best profit tracking and analysis alternatives.
What Is OrderMetrics?
The OrderMetrics tool is a web-based application that enables businesses to manage and analyze their order data. It allows users to view order information in a variety of formats, including tables and graphs. The tool also includes several filters that allow businesses to track orders by country, product, and date.
Unfortunately, OrderMetrics will shut down on June 30th, so we’ve rounded up the best alternatives.
The Top Alternatives to OrderMetrics
BeProfit
It’s extremely important for any business to track profit margins since it accurately reflects long-term profitability and vulnerability.
If you haven’t used BeProfit so far, it’s high time that you do! Awarded a staff pick by Shopify, the BeProfit app is an all-in-one profit tracking and analysis tool for online merchants. It helps sellers calculate and track profits in just a matter of minutes and locate profitable marketing channels.
With BeProfit, you can:
- View profits with extreme accuracy in a dynamic dashboard.
- Convert data into valuable and actionable insights.
- Track and monitor your ads.
- Create custom reports to support your goals.
- Easily analyze LTV by cohorts.
The BeProfit app is also a fan favorite, with hundreds of top-rated reviews. Check it out for yourself!
Pros:
- Presents key business metrics in intuitive charts and graphs.
- Seamlessly integrates with top ad platforms to provide marketing insights that translate into more profits
- Features customized reports and predefined report templates to move faster, including P&L reports
- Features Lifetime Value cohort analysis
- Easily integrates with top shipping platforms like Shippo, ShipStation and more
Cons:
- While BeProfit is mobile-friendly, it has no dedicated mobile application
Conversific
Conversific is a data analytics platform that provides end-to-end customer experience and growth solutions for Shopify stores.
Pros:
- Conversific allows you to experiment and analyze e-commerce benchmarks, reports, and customer analytics
- Easy-to-use interface allows you to quickly and easily add updates to your website
- Track taxes, profits, revenue, expenses, and other key metrics
Cons:
- With so many adjustable settings, Conversific can feel overwhelming, particularly for those users that are less technically proficient
- Conversific’s custom reporting options can feel limiting for some users
TrueProfit
TrueProfit pulls data from a variety of sources to facilitate automatic and real-time tracking of metrics like COGS, ad spend, and handling and custom costs.
Pros:
- TrueProfit is a powerful tool to track your business and optimize your work
- The app is easy to set up and can save you hours of work every day
- Google Ad Spend integration available
Cons:
- One of the less affordable profit tracking and analytic tools currently on the market
Lifetimely
Lifetimely helps online sellers calculate and project their profit and customer lifetime value.
Pros:
- Lifetime Value Report answers how much are your customers worth to your business over time
- The app makes it easy to look at the key stats
- Lifetimely helps users to scale up campaigns and products that customers love
Cons:
- Some users may find the data to be too basic
Profit Calc
ProfitCalc is a one-click accounting software and profit calculator dashboard.
Pros:
- Profit Calc offers usable features and you can adjust it to your own needs
- The app integrates multiple stores with multiple currencies
- Reduces a whole lot of manual workload
Cons:
- Profit Calc doesn't automatically convert your Facebook Ad Spend with a real-time exchange rate
