All Recharge Pro merchants now have access to the updated Revenue KPIs dashboard. This update adds more filters and detailed insights to the dashboard and addresses bugs.

What’s new?

• Redesigned dashboard for additional data clarity
• Redefined Customer Categories that compare Onetime Only customers with Subscription customers
• Filter for date granularity, customer created date, custom date ranges and to “Include Onetimes”
• Order Sequence metric now includes the first 6 orders, updated label for “Churned” and additional Drill Down capability
• Added “Active (No Order)” status for active subscriptions with orders at a future date after the report was run
• Bug fix to address duplicate records in Gross Sales for some merchants

To learn more about the Revenue KPI dashboard, check out our product support documentation. 

• remove charges that failed to process within the selected period. This includes charges that got rescheduled to a future date due to reasons such as card declines or order errors
• include any charges that got processed within the selected time range despite being originally scheduled for a different date

1. Total Net Sales
2. Avg Customer Value (ACV)
3. Avg Order Value (AOV)
4. Avg Active Days  
5. Monthly Recurring Revenue (MRR)
6. Avg Monthly Churn Rate

Avg Active Days is a new metric that measures the average number of days customers are active on the merchant store, and how that compares with other stores within that same industry.

The bar chart side of the dashboard now shows what decile a store ranks in and how that compares with other merchants in the decile preceding and proceeding that store. In each of these bars, there are also new additional insights including:

• Average decile value for each metric on top of each bar
• Percentile range below each bar, as well as the min and max values within each decile

To learn more, check out our product support documentation.

• High-level tiles for Gross Sales, Quantity, Orders, and Customers. 
• See metrics for all SKUs - not just the Top 15. 
• Ranking by top performing (Gross Sales) SKUs/Variants.
• Revenue and Customer KPI tables now work with SKU/Variant filters.
• Separate and filter SKUs/Variants by purchase type (ie. Subscription, Onetime). 
• See Average Customer Value (ACV), Average Order Value (AOV), and charges per customer for all customers - not just customers with a specified signup date.
• ACV and AOV now based on both active and churned customers - not just active.
• Average Active Days by SKU/Variant. 
• Retention % by SKU/Variant.
• Bar graph now shows data for Top 10 SKUs/Variants, with all others grouping in an other category. SKUs/Variants can be filtered out of other.

All merchants using Recharge now have access to an expanded set of analytics dashboards. Navigation has been streamlined, existing dashboards are redesigned for faster insight generation and more dashboards are now available for merchants on our 'Standard' plan. 

Streamlined navigation through grouping - All dashboards are now grouped into 4 intuitive tabs (see image below). 

Additionally, the tabs for Revenue, Customers, and Subscriptions now each have a new 'Overview' dashboard that visually breakdown with key 'positive' metrics on top with key 'negative' metrics below.

'Standard' plan now offers even more dashboards - In addition to the 4 new dashboards, merchants on Recharge 'Standard' plan will now have access to the Actions and Industry Benchmarks at no additional cost. These two dashboards were previously only available on the 'Pro' plan. 

To learn more, please visit our support documentation here. 

'Actions' dashboard is now updated. All merchants using ReCharge Pro will now be able to view the update as part of their full suite of Enhanced Analytics. 

Advanced filtering: The whole dashboard will now be responsive to the filters, including Date Range and Cohort, as well as a new filter - Source Type. The Source Type filter gives merchants the ability to filter by select sources, including:
• Whole dashboard is now responsive to the filters including Date Range and Cohort, Source Type
• New filter added - Source Type (includes 7 source types for filtering)

Subscriptions by Action: Action KPIs tiles are now right on the top for quick insights. In addition to Skips, Swaps, and Reactivations, the dashboard now supports 5 more Actions that you can track:
• Cancellations
• Add Onetimes
• Change Date
• Change Quantity
• Change Frequency

Customers by Action: Finally, merchants for the first time will now be able to compare AOV and ACV of subscribers that take actions vs subscribers that do not take actions, by specific action type.

For more information, please see our support documentation here. 

All merchants using ReCharge Pro edition now have access to the full suite of enhanced analytics and dashboards for their store performance. Merchants on ReCharge Standard edition can 'Upgrade to Pro' from their analytics dashboards. 

The enhanced analytics now allow actionable data insights on: 

• Revenue Trends
• Customer Cohorts
• Cohort Retention
• Cohort Retention
• Product SKUs and Variants
• KPI performance and Industry Benchmarks
• Actions
• Media Attribution

Highlights:

• Performance reporting on Shopify and ReCharge business models combined and broken down to its individual business components to help identify synergies between the two business models.
• Understand the purchase patterns of their customers across the two sources.
• Helps answer questions such as:
  1. What type of customers subscribe?
  2. What type of customers prefer one time purchases?
  3. How many purchases does it take for one-time shoppers to sign up for a subscription?
  4. What type of customer converts from one-time to subscribers? How does this impact their LTV?

• Shopify filter offers the ability for users to access their metrics with and without blending Shopify data.
• Drill down allows merchants the ability to access clean exportable data at the customer and order level for both Shopify and recharge sources.

Support documentation
https://support.rechargepayments.com/hc/en-us/articles/360059107073-KPI-dashboard

The Industry benchmarks report is now available as part of the Enhanced analytics suite. The report is currently available to merchants enrolled in the analytics beta program. 

The dashboard allows you to track your key metrics such as lifetime value, churn, MRR, and average order value against the industry benchmarks. 

If you are a pro merchant and would like access to this report, please email our support team to get added to the analytics beta program. support@rechargeapps.com