MagnifyProfit

MagnifyProfit

Pricing
Price: Free
Highlights
Use directly in Shopify admin
Rating
5.0 (1)

MagnifyProfit helps your store profit sooner and more by optimizing marketing efficiency.

MagnifyProfit can answer five fundamental questions you should ask before your marketing spending: 1. How much money did my store make or lose in the past? 2. Does my store have enough efficiency to make a profit through marketing campaign? 3. If my store isn't efficient enough, how can I improve it? 4. If my store is efficient enough to break even, how long will it take, and how much do I need to spend on marketing to see profit? 5. How can my store profit more after break-even?

MagnifyProfit can answer five fundamental questions you should ask before your marketing spending: 1. How much money did my store make or lose in the past? 2. Does my store have enough efficiency to make a profit through marketing campaign? 3. If my store isn't efficient enough, how can I improve it? 4. If my store is efficient enough to break even, how long will it take, and how much do I need to spend on marketing to see profit? 5. How can my store profit more after break-even? more
  • Acquisition analysis: Understand the efficiency of all your marketing channels
  • Retention analysis: Understand the lifetime value of customers by user behaviour
  • Break-Even analysis: Understand if and how store can break-even by marketing
  • Income statement: Create and predict income statement automatically
Highlights
Use directly in Shopify admin

Languages

English

Works with

Google, Facebook

Categories

Targeting

Platform

Campaign management

Bid optimization, Website

Performance analytics

Performance tracking, Ad spend, ROI analysis

Financial reports

Income and balance, Expense tracking

Automated data sync

Historical data import

Reviews (1)

Overall rating
5
Counts per rating level
  • 100% of ratings are 5 stars
  • 0% of ratings are 4 stars
  • 0% of ratings are 3 stars
  • 0% of ratings are 2 stars
  • 0% of ratings are 1 stars
November 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. ⭐⭐⭐⭐⭐

Ecollective Store
Canada
27 days using the app

Support

MAGNIFY CAPITAL INC can answer any questions you have about MagnifyProfit.

Developer

MAGNIFY CAPITAL INC

201-1017 Fort Street, Victoria, BC, V8V 3K5, CA

Launched

April 6, 2023

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