Praxis Metrics Featured on Nice Guys Podcast

Grow your business with powerful dashboards
that answer your business questions.

Praxis Metrics LTV Dashboard

Bad data costs US businesses $3 trillion per year.

How much could it be costing you?

Most businesses don’t recognize the huge opportunity costs associated with inaccurate or incomplete data; but it can be the difference between a thriving business and a dying business.

A Harvard study estimates that bad data costs the US economy roughly $3 trillion per year.

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What Praxis has done is allowed us to confidently use data for decisions in our business.

Mae Steigler - Organifi COO

Great data gives actionable insights.

Data is now the most valuable resource on Earth. That’s because data is knowledge, and knowledge is power; therefore data is power.

Understanding your data could be the key to unlocking increased profitabilityrapid scaling, and decreased waste for your business.

Check out how the marketing team at Danette May leveraged their data to do all of three:

Get the answers to your most important business questions.

GET YOUR FREE DATA ROADMAP AND QUOTECall (512) 943-2824

Get Marketing Metrics That Matter

Imagine Having These Powerful And Accurate Metrics For Your Business

Average LTV

This metric will show you the accurate lifetime value of your customers after different lengths of time, grouped by cohorts of first purchase months.

  • This one visualization answers the questions: Are the changes I am making in my marketing efforts INCREASING or DECREASING my customers’ 30, 60 and 90 day LTV?
  • In addition, you have the ability to filter this metric based on the customer’s first product purchased, original source, medium and merchant. This helps you find the variables that yield the highest LTV so that you can increase spending where it has the highest return.

Average LTV by Source

Learn which source of traffic produces the customers who spend the most with you over their lifetime. This metric will help you see the number of sales from each source and how those customers are purchasing over 30, 60 and 90 day increments.

Days to Cancellation

Now you will be able to identify why customers are cancelling their subscriptions based on when they cancel. Do you have a system-generated email going out that accidentally reminds your customers to cancel? Now you will know when to drip out educational materials to help reduce cancellations!

Net Subscription Change

This shows you the number of active subscriptions on any given day. Look for positive/negative trends to know where customer loyalty efforts can be replicated and improved.

Order Repurchase Timeline

How long does it take customers to purchase their 2nd, 3rd, or 4th order? Is that trending up or down over time? Typically you want customers to repurchase from you on a more frequent basis. With this metric, you can compare customers over time to see when they first buy, then see what marketing efforts are attracting customers that purchase more quickly.

Get the answers to your most important business questions.

GET YOUR FREE DATA ROADMAP AND QUOTECall (512) 943-2824

Customer Repurchase Rate

Are you attracting customers that are likely to repurchase from you?

What % of customers purchase a 2nd, 3rd, 4th order?

Compare customers from when they first buy from you to see if certain marketing efforts are attracting better customers.

Retention Rates

Are you attracting customers that are likely to repurchase from you?

Quickly gather insights into what source, medium and product purchases yield higher retention rates.

MoM Revenue

Are your sales increasing Month-over-Month as you’ve projected?

Compare current month-to-date sales to sales from the previous month to date.

YoY Revenue

Are your sales increasing Year over Year as you’ve projected?

Compare current year-to-date sales to sales from the previous year-to-date.

Subscriptions Cohort Analysis

Flexible metrics the way you prefer. This shows the retention rates of subscription over time in a table format in case you like to see your cohort data in this format.

Subscription Cohort Analysis
Danette May

Danette May

DanetteMay.com | Founder

We went from 15 sales per day to 350 sales per day on a funnel that wasn’t performing on Facebook Ads.

Mat Best

Mat Best

Vice President | Black Rifle Coffee Company

Praxis is great because we are able to see the HOLES and the ISSUES in our tracking, so now we can go and FIX them moving forward.

Molly Pitman

Molly Pittman

VP of Marketing | Digital Marketer

I trust and rely on Praxis dashboards for all my data!

Lisa Osborne

CEO | Fancy Sprinkles

I am now able to toggle EXACTLY what I need to see for insights on my subscribers.

Eric Edgerton

Dr Eric Edgerton

Founder & Director | NSI Stem Cell

We have been working in spreadsheets for 3 years, and now with Praxis Dashboards set up, it’ll boost our entire productivity by 40%!

Michael Koski

Michael Koski

Owner & President | Get Bats Out

These metrics from Praxis have made the biggest impacts in my business this year.

Get the answers to your most important business questions.

Turn your data into growth.

Our goal at Praxis is simple, help you turn your data into growth. We help you find your areas of waste; wasted time, effort, and money. We also show you areas of opportunity.

The rest of the formula is simple: redirect resources from your areas of waste to your areas of opportunity, and watch your business explode.

The next step from here is simple, schedule a call with one of our data experts. They’ll build a customized data roadmap for your business, and get you started on your journey towards data mastery.

Are you ready to see what's possible with your data?

Fill out the form below to schedule your complimentary data strategy session.