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.