#eCommerce

Metorik Review 2023: Reporting & Automation for eCommerce Stores – MoneyCheck

In the eCommerce landscape, Artificial Intelligence (AI) is reshaping the game. This blog series explores how AI’s intelligent algorithms are revolutionizing online businesses, from personalized product recommendations to efficient inventory management. Join us for insights on leveraging AI to enhance the digital shopping experience and overall success in eCommerce.
Running an eCommerce store requires you to manage both the front and back ends of your site with little room for error. You need to be constantly on top of the customer’s expectations to know what they are looking for and offer the right product at the right time.
While WooCommerce shines in many ways, the reporting and analytical features are not exactly its best features. If you are a WooCommerce user, it is likely that you are looking for a plugin that can bridge this gap for you.
Metorik was designed with the same intent in mind. The plugin is a productive management interface that compliments your WooCommerce store. The tool will report relevant data to you in an efficient way that makes it most suitable for you to infer and analyse key points.
Visit Metorik
Contents
When launched in late 2016, Metorik was a simple tool designed to offer eCommerce stores all of the support it needed to grow. The humble journey of Metorik from an eCommerce support plugin has evolved into developing a highly coveted web application for both WooCommerce and Shopify users.
At a single glance, you might consider Metorik as an updated dashboard of WooCommerce. The cloud-interface is smoother, designed to give you easy access to everything you are looking for, and more. On the whole, this is what you can do with Metorik:
Now, you might be wondering why you need Metorik when WooCommerce already has the reports functionality. For one, Metorik certainly is an upgrade over the WooCommerce interface. However, besides the smoother navigation, Metorik reports are relatively more detailed and make it easier for you to find Key Performance Indicators (KPIs) to improve your store.
Unlike WooCommerce – and regardless of your store’s scale, this stand-alone app will work efficiently and at rapid speed. Searches and filtered segmentations of your customers can be done instantly, making Metorik a preferable alternative to WooCommerce reports.
Here’s a breakdown of the core features offered by Metorik.
As we mentioned earlier, the Metorik dashboard has managed to gain quite the following from WooCommerce users. The default dashboard space can be divided into two:
You can also completely customize your dashboard based on your store’s needs. The default dashboard comes with KPIs and updates you with real-time activities happening in your store. Metorik features the multistore dashboard that brings both your WooCommerce and Shopify store reports in one place.
Through a variety of reports, Metorik lets you see all your store’s data intimately. There are a number of in-built report models available for you to keep close tabs on your customers:
Note: If you opt to display the cost of integration in WooCommerce, you can also see the cost of goods sold, the net profit, and margins you make for each product variation in different categories.
Metorik offers much more than mere insights into your customer and product reports. The plugin delivers some of the most extensive segmentation and filtering you will see in a WooCommerce tool.
The ability to segment your customer data is undeniably the most powerful feature of Metorik. For any eCommerce store, segmenting is crucial as it gives you insights to target customers and meets their expectations.
Using Metorik, you can instantly segment your orders, customers, products, and coupons to answer any question about your store. If you are unsure where to start, the plugin will give you a collection of suggested segments exclusive for your site. There is a dedicated page that will provide you with details on all stats as well.
Moreover, this filtering system allows you to save time by creating custom meta fields through bespoke codes or plugins.
Another useful feature is that you need to create and save these segments for future references. The Saved Segments option can also be shared through a URL, so you can let your team members follow the same segments for specific purposes.
These segments can be used in other functionalities of Metorik as well. As you might have guessed, you can use them in reports, but also in email marketing, too.
When you have Metorik, there is no need to install another plugin to engage with your customers through emails. On the contrary, you can send targeted and automated emails based on several specific parameters.
For instance, you can set the condition that if a customer has spent over $300, an email with a coupon code will automatically be sent to them. You can also welcome new WooCommerce subscribers and remind them of an upcoming renewal. It is up to you to decide who will receive these emails and compose personalized emails with variables.
Metorik also allows you to monitor these automated emails to analyze their performance and do conversion tracking. Furthermore, the plugin has features that you can use to:
You can configure your automated emails based on customer history, order dates, coupons used, UTM parameters, and any other custom meta fields.
Metorik allows you to access real-time data on your WooCommerce subscriptions. The platform gives you reports such as Monthly Recurring Revenue (MRR), Churn, Cohorts, Retention, and more to help you understand how your subscription programs are performing.
Metorik will also provide real-time data on each and every cart so you can take immediate action to recover any abandoned orders.
You can filter reports based on segmentation and use the automated email option to engage with your customers.
Metorik Digests are custom sales reports that you can download and share. This comes with a comprehensive system that lets you export all of the data fields we have discussed above. You can download and export data on orders, customers, and more.
The advantage here is that you can completely customise them, with clickable links that will lead you to your dashboard. You can automate this process daily, weekly, or monthly with further filtering options, so you export only the ones you need. There is also a choice between downloading or automatically receiving these digests through emails or Slack.
Metorik improves upon its interface by offering integrations with other third-party platforms. These help you to benefit from Metorik the most for extended functionality.
Metorik is also planning to offer advertisement tracking with Google and Facebook ads.
Metorik has come up with a very reasonable pricing plan based on the number of monthly orders. This means that you will get a plan that works best for your business needs without having to overpay.
Its plans could be categorized as a core plan and an Add-on. While the main plan gives you access to almost all features, you will have to pay for the add-on for the ‘Metorik Engage’ functionality. This will enable you to deliver automated emails and abandoned cart emails through Metorik.
Here is an overview of the pricing plans.
Users with monthly orders above 25,000 can get customized plans from the Metorik team.
There are also discounts offered if you choose an annual payment plan. For some users, the jump between plans might be relatively high. In case your monthly orders are only slightly above a plan, you can reach out to the team to find ways to adjust it.
Nevertheless, if your monthly orders for three consecutive months drop below the current plan’s requirement, you will be automatically downgraded.
The best part is you can examine all features on Metorik for 30 days for free. Unlike a lot of plugins out there, it is not a money-back guarantee. The trial plan can be accessed without adding your credit card information.
To date, we only have good things to say about Metorik. The plugin has managed to keep up with all of its promises by delivering a full-fledged set of tools to improve upon your WooCommerce experience.
What we like the most about Metorik is that it hits the right note between simplicity and functionality. If you make a quick comparison between its WooCommerce counterpart, you will realize the potential of this plugin.
The interface is very organized, easy to navigate, and switches between dozens of options. Segmentation indeed is Metorik’s most useful feature, which offers you a plethora of data points to understand your store’s performance.
Metorik customer support also seems to be highly reliable. You can either reach out to the team through email or refer to their extensive help doc8 to find instructions.
If you are a WooCommerce user, Metorik should be your port of call. It is undeniably an essential feature that will help you upgrade your store. In fact, you might not even realize the potential of your store until you take advantage of the data Metorik can provide.
Its fast-loading interface is attractive and sleek. The plugin can also be integrated with Slack and offers features such as shareable reports. Whether you are an established shop owner or a beginner, Metorik has a plan that can be adapted to your business model.
If you are still not impressed with Metorik’s potential, the 30-day trial period is the best way for you to see whether the plugin actually keeps up with its reputation. However, from our experience, it is highly likely that you will soon be an fully-fledged Metorik user.
Visit Metorik
Kane holds a Bachelor’s Degree in Accounting and Finance, a Master’s Degree in Financial Investigation and he is currently engaged in a Doctorate – researching financial crime in the virtual economy. With a keen passion for research, he currently writes for a variety of publications within the Financial and Cryptocurrency industries. kane@moneycheck.com
This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com.   This compensation may impact how and where links appear on this site.  This site does not include all financial companies or all available financial offers.
MoneyCheck is a fast-growing online publication launched in 2018 with the aim of covering personal finance and investment news.
Our goal is to simplify and explain in clear language, what can be a confusing jumble of terms and concepts. We hope to provide clear, unbiased facts so people can make up their own mind about important financial decisions.
Start a Blog
Kooc Media Ltd
Company No.05695741
International House,
61 Mosley Street, Manchester,
M2 3HZ
UK
Email
hello@moneycheck.com
Hours
Monday—Friday: 9:00AM–5:00PM
Saturday & Sunday: 11:00AM–3:00PM

MoneyCheck™ Copyright © 2018 – 2023 Kooc Media Ltd. All rights reserved. Registered Company No.05695741
Simplifying the World of Finance, for Everyone.
Type above and press Enter to search. Press Esc to cancel.

source

Metorik Review 2023: Reporting & Automation for eCommerce Stores – MoneyCheck

The Power & Pitfalls of Marketing Automation

Leave a comment

Your email address will not be published. Required fields are marked *