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Enhancing Oversight and Performance with Polar Analytics
Ran Vaingold, the Managing Director of Live Verdure (ASX), which includes three unique brands, has managed to streamline operations and improve visibility since adopting Polar Analytics. The company, which began after hemp was legalized in Australia, now successfully operates two Shopify stores and offers a range of hemp and complementary health products.
The Early Days: Pre-Polar Pain Points
What were your challenges?
Vaingold states, "The challenge was to reconcile data from our two Shopify backends into one. Managing the data was difficult and time-consuming, as it required substantial data reconciliation. We tried using Excel spreadsheets, Supermetrics, Google Data Studio, but it was still challenging to consolidate our stores and monitor our activity effectively."
Monitoring Performance Before Polar Analytics
Vaingold admits, "It was tough. We relied heavily on Excel spreadsheets, but that meant a lot of manual data reconciliation. The challenge was getting a comprehensive view of both our stores, which was made even more challenging because we used multiple data sources."
It's been much easier to monitor our activity on a daily basis, get insights, and correct things when something's going wrong
Jumping into Polar: 10' integration
How did you find out about Polar Analytics?
Vaingold remarks, "After trying numerous other solutions, we found that Polar Analytics offers a superior service. Their ability to provide us with Average Order Value (AOV), Repeat %, and other important indicators for both our stores has been a game-changer. Also, their Cohorts Analysis and daily Slack reports are incredibly useful."
Key Polar Features
"Views has been a complete game changer for us. We can now easily monitor all indicators across both our stores. The Cohorts Analysis feature and Daily Slack Report have also been immensely useful. We're able to get detailed, accurate insights into our business activity, and the Custom Report templates, such as Blended Ads and Shopify P&L, are also extremely beneficial."
The Impact: Enhanced Efficiency and Visibility with Polar Analytics
What benefits and ROI did you observe with Polar Analytics?
Vaingold asserts, "Polar has transformed our approach from an end-of-month analysis, which was previously quite painful, to a simple daily analysis. It's now far easier to monitor our activity, gain insights, and make corrections when something goes wrong. We use Polar Analytics all the time, and I even use it to report to our board and shareholders. We're saving significant time and improving the accuracy of our data analysis."
Conclusion
In conclusion, Live Verdure's experience illustrates the transformative power of Polar Analytics for businesses grappling with complex data reconciliation and e-commerce performance management. Through Polar Analytics, the company overcame challenges of consolidating data from two Shopify backends and multiple data sources, significantly improved its operational efficiency, and gained a comprehensive view of their business performance.
The ease of integration, combined with powerful features such as Cohorts Analysis, daily Slack reports, and custom reporting, has facilitated better decision-making, timely interventions, and enhanced reporting to stakeholders.
In the ever-evolving digital marketplace, Live Verdure's journey underlines how leveraging the right analytics tool can streamline operations, save time, and boost the bottom line.
What where your goals ?
What are your marketing challenges ?
What were your challenges?
Vaingold states, "The challenge was to reconcile data from our two Shopify backends into one. Managing the data was difficult and time-consuming, as it required substantial data reconciliation. We tried using Excel spreadsheets, Supermetrics, Google Data Studio, but it was still challenging to consolidate our stores and monitor our activity effectively."
Monitoring Performance Before Polar Analytics
Vaingold admits, "It was tough. We relied heavily on Excel spreadsheets, but that meant a lot of manual data reconciliation. The challenge was getting a comprehensive view of both our stores, which was made even more challenging because we used multiple data sources."
How did you monitor growth before Polar Analytics ?
How did you find out about Polar Analytics?
Vaingold remarks, "After trying numerous other solutions, we found that Polar Analytics offers a superior service. Their ability to provide us with Average Order Value (AOV), Repeat %, and other important indicators for both our stores has been a game-changer. Also, their Cohorts Analysis and daily Slack reports are incredibly useful."
Key Polar Features
"Views has been a complete game changer for us. We can now easily monitor all indicators across both our stores. The Cohorts Analysis feature and Daily Slack Report have also been immensely useful. We're able to get detailed, accurate insights into our business activity, and the Custom Report templates, such as Blended Ads and Shopify P&L, are also extremely beneficial."
The Impact: Enhanced Efficiency and Visibility with Polar Analytics
What benefits and ROI did you observe with Polar Analytics?
Vaingold asserts, "Polar has transformed our approach from an end-of-month analysis, which was previously quite painful, to a simple daily analysis. It's now far easier to monitor our activity, gain insights, and make corrections when something goes wrong. We use Polar Analytics all the time, and I even use it to report to our board and shareholders. We're saving significant time and improving the accuracy of our data analysis."
What were your needs ?
In conclusion, Live Verdure's experience illustrates the transformative power of Polar Analytics for businesses grappling with complex data reconciliation and e-commerce performance management. Through Polar Analytics, the company overcame challenges of consolidating data from two Shopify backends and multiple data sources, significantly improved its operational efficiency, and gained a comprehensive view of their business performance.
The ease of integration, combined with powerful features such as Cohorts Analysis, daily Slack reports, and custom reporting, has facilitated better decision-making, timely interventions, and enhanced reporting to stakeholders.
In the ever-evolving digital marketplace, Live Verdure's journey underlines how leveraging the right analytics tool can streamline operations, save time, and boost the bottom line.
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