MonkeyData is a new analysis tool for Ecommerce, which is responsible for analyzing data from various sources and displays the results in a single panel or dashboard from where they can be easily managed.
Nowadays MonkeyData allows you to analyze data from Ecommerce platforms such as BigCommerce, Shopity, OpenCart, Ecwid, among others. Eventually the company hopes to offer support for data analysis from other platforms such as WooCommerce, ePages, BigCartel and 3DCart.
The interesting thing is that in addition to global ecommerce platformsSupport is also offered for local e-commerce platforms, such as the Dutch Lightspeed or ChopSys. The tool will also provide support for the analysis of data from payment platforms, retailers such as Amazon or eBay, as well as logistics companies such as UPS and DHL.
I agree with you developers of this software, the biggest advantage for customers is that they can have all the data in one place. This way it is easy to see how the metrics work and at the same time allows them to have more time to focus on managing the business. In addition to this, the software is simple to use, even the entire analysis process takes only 3 minutes without requiring additional adjustments.
Among the multiple data that it analyzes MonkeyData finds the cost per conversion, which is very useful for online stores that use individual payment channels, including PPC or price comparison applications that work precisely on the basis of cost per conversion.
Finally say also that this software can analyze the data related to the new customers and the recurring customers. This would be very useful to find out why customers abandon an online purchase after their first visit.