Top tools to enhance business growth

Have you ever wondered how relieved you’ll feel if all the Metrics and Information you want is all already in one place pre cooked, just waiting for you ? It sounds amazing but do you know there’s this app that literally provides you all the information that Subscription Merchants ever wanted all in one Dash board. You guesses it right! Subspace provides it’s Merchants special Dashboard to access all the data and Metrics from the outcome of the Subscription plans provided respectively.

The Dashboard provides following features as mentioned.

Ø  Total Subscribers : As a Merchant you must be well aware of the importance of number of your aggregate customers. Subspace allows you to view the total number of people which have taken your Subscription Plans till date. You need not click ten buttons , just visit the dashboard and you are good with the numbers.

Ø  Net Subscribers Chain : The number of customers adhering to your brand or leaving your brand helps you know the current market position of the brand. Net Subscribers Chain will let you the number of  Subscription users you have increased or decreased in the past given time.

Ø  Subscribers Churn Rate :  It’s the attrition rate of your subscribers, i.e. the rate at which Subscribers are leaving or stop taking your Subscription plans. Churn Rate is one of the most essential data in accessing the brands market status and strategy making.

Ø  Average Revenue : As the name suggests, average Revenue is the median revenue per individual. The amount helps you access your cost over your net proceeds. It’s definitely the It’s definitely one of the important factor in setting up of the prices of your subscription plans.

Ø  Monthly Recurring Revenue : Monthly Recurring Revenue is the monthly inwards occurring from the Subscription Plans bought by the users of your brand. The picture of a business begins with revenue, so definitely an inevitable data to plan further holdings and know the businesses worth.

Ø  Customers acquisition Cost : This includes the average cost per user and the overall cost in acquiring the customers. The cost translates to the cost incurred in selling the Subscription Plan to individual as well as in bulk to the customers. Without this information, a business cannot assess or calculate it’s profit, which is just absurd.