Magento Commerce Launches Holiday Analytics Dashboard for Merchants

04:00 Veeral Patel 0 Comments

The global leading cloud eCommerce provider, Magento Commerce, newly launched Magento Holiday Dashboard in August 2016 which employs the merchant's live data to implicate better business decisions for the holiday period. The latest cloud analytic service presents retailers with enhanced analysis of their holiday campaigns and examines their production performance with the opponents. 

Furthermore, Magento also announced the partner 2016 Magento Holiday Benchmark to produce the accumulated trend data over a comprehensive set of retailers. Both the dashboard and benchmark research are instantly accessible.

Customers on Magento eCommerce development utilizing the Holiday Dashboard can better face and hold the holiday buyers by adapting their consumer acquisition and maintenance spending plans. As to the Magento Holiday Benchmark 2016, retailers, on a fair to common share, will earn 59% more buyers during the holiday season. 

But, because of the customers who purchase less and often return less, on an average the retailers will be 13% less productive. Consequently, it is crucial for the retailers to have a way to insights toward how to serve high and to market the shoppers and make other data-driven trading verdicts.

According to Bob Moore the head of Magento Analytics, “The holiday season represents a tremendous customer acquisition and growth opportunity for merchants but if they are not keeping an eye on the right data, they can get caught up in the hype and negatively impact gross margins. With the Magento Holiday Dashboard, we’ve made it easier than ever for merchants to deploy data-driven strategies to grow their business before, during, and well beyond the holiday season.”

Magento Holiday Dashboard - Chief capabilities

Customer Acquisition - Distinguish the origin of the most worthy holiday customers and invest marketing money in the highest-affecting channels

Customer Retention - Determine the best times to email your current buyers with aimed holiday campaigns

Enhanced Productivity - Equip your team with a sole source for centralized goals to encourage performance during holiday seasons

Magento Holiday Benchmark - Calculate the performance during holiday seasons with your competitors and earn extra insights on business trends. Powered by Magento Analytics, the Magento Holiday Dashboard is one of the prominent analytics cloud services for business platforms. Created by RJMetrics, Magento Analytics is a company recently procured by Magento.

     Magento Commerce

More than 250k businesses globally trust Magento Commerce. It is the leading cloud business innovation provider to merchants, brands and branded corporations over retail B2C and B2B enterprises. 

Furthermore, its forerunner open source eCommerce platform, Magento Commerce possesses a robust portfolio of cloud-based omnichannel solutions enabling retailers to unite digital and physical shopping happenings favorably.

Magento Commerce is the leading provider to the Top 1000 Web Retailer and B2B 300 covering $50B yearly in gross stock volume bought on the platform, scoring more than the double of the buyers to the next following contender. 

Magento Commerce is backed by a broad world-wide-web of technology and solutions partners, an incredibly powerful universal eCommerce developer community and the great eCommerce platform for extensions immediate to download on the Magento Marketplace.

If you are looking to hire a dedicated magento developer for developing an magento based website then do checked with baymediasoft.   They have highly talented  developers to build a magneto based ecommerce website. They can provide you the best recommendation and solution for your website.