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Profit Analytics Blog
Read expert articles with insights about e-commerce profitability from analyzing thousands of e-commerce businesses' data.
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Featured
Ransom Spares Optimizes Business Efficiency and Profitability with BeProfit
Ransom Spares is more than just a spare parts wholesaler and retailer for home and garden appliances. It’s a family company based in Somerset, UK, that believes in a ‘make & mend’
Shipping
E-commerce Shipping Insurance In 2023: What Are Your Options?
Running an online store in 2023 requires shipping insurance. There are various risks during the shipping process you need to think about: parcels can be lost, damaged, or stolen before your customers
Shipping
5 Expert Tips to Reduce Shipping Costs for Your E-commerce Store
Shipping costs can make or break e-commerce stores, especially small businesses. For customers, shipping is an important aspect of the overall online shopping experience since fast and inexpensive del
Shipping
Top 6 Software Solutions for Effortless E-Commerce Shipping
E-commerce shipping is a crucial process for any e-commerce merchant who wants to optimize their business. It can make or break your customer satisfaction, retention, and loyalty. However, shipping is
Shipping
Shopify Shipping: The Choice Shipping Platform For E-commerce Merchants
Shipping seals the deal when it comes to e-commerce sales. After all, this is when customers receive their orders and form an opinion about the business. Unfortunately, according to Loqate research, a
Marketing
Top 16 Ecommerce Agencies to Supercharge Your Store
Typically, we like to preach self-reliance. If you can get it done on your own, we usually recommend you do. But (and this is a ‘big’ but), that’s not always the best route of action. In fact, oftenti
Shipping
Top 6 E-Commerce Platforms For Effortless Dropshipping
Dropshipping is a secret superpower for e-commerce sellers. By outsourcing procurement, storage, and shipping to a third-party supplier, merchants can take advantage of low startup costs, a wider sele
Business metrics
Average Cost Per Order (CPO): Definition, Formula & Example
Online shopping is growing rapidly. In fact, Statista estimates that 20.8% of retail sales will be online in 2023 and can increase to 24% by 2026. This means that e-commerce sellers should make the mo
Business data analysis
4 Benefits of Customer Retention Analysis for Your Shopify Store
Customer retention is essential for the success of any Shopify store as it helps you increase your sales, customer referrals, and customer lifetime value. Essentially, you create a loyal customer base
Marketing
How to Improve Your Customer Retention Strategy With Email Marketing
You’ve probably heard that acquiring new customers costs more than keeping them. Most studies show acquisition marketing is six to seven times more expensive. Fishing for new blood certainly is part
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