MagnifyProfit
Provide insight about if and how can break even by...
Rating
5.0
feedback
4
chart
#10,790
Reviews Over Time
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Reviews Summary
MagnifyProfit is a Shopify App designed to help ecommerce merchants optimize their marketing efficiency and increase profits. It provides insights on important questions related to store profitability and marketing spending. However, there are not enough reviews to analyze right now.
Rating Breakdown
All reviews
Oct. 23, 2024
“We really like the P&L automation feature, which can automatically tracks all our costs, like COGS, shipping fees, and marketing expenses.”
Oct. 15, 2024
We're really impressed with the acquisition analysis report from MagnifyProfit, which allows us to compare the marketing efficiency of various channels like Google, Meta, Bing, Tiktok, Pinterest and more, all in one page.
Oct. 12, 2024
We’ve been running ads for our Shopify store for a while but were never sure if we were spending our budget effectively. The Marketing Efficiency Report from MagnifyProfit changed that entirely. Using this tool, we quickly identified key areas where we were underperforming. For example, our ROAS (Return on Ad Spend) was sitting at 4.87, but the break-even ROAS we needed was 5.62. This insight alone helped us realize we were not covering costs on certain campaigns.
Nov. 1, 2023
The ability to automatically generate insights from various sales & marketing channels and other online data sources is a game changer. I no longer have to spend hours crunching numbers and entering data into spreadsheets. This app does it all for me! But what truly sets this app apart is its predictive capabilities. It forecasts my store's profitability based on each customer's lifetime value and acquisition cost. This feature is invaluable for making informed decisions about marketing strategies, customer acquisition and allows me to allocate resources more effectively. Moreover, the user interface is intuitive and aesthetically pleasing. I can quickly access all the data I need, and the app's visualizations make it easy to understand and act upon the insights provided. I'm very excited for other features, analysis and capabilities this app will release in the future. In summary, this app is a must-have for any business owner looking to streamline financial management, increase profitability, and make data-driven decisions. It has made my life easier. I can't recommend it highly enough. ⭐⭐⭐⭐⭐
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