It is critical to track and calculate the costs, earnings, and profit of your eCommerce business. This endeavor, however, has the potential to go off the rails. You won’t be able to get by with doc files, spreadsheets, or any other makeshift methods you come up with in the long run.
There are many reasons why a Shopify profit tracker app is a must-have for every business indeed.
No more waiting, following is a list of the 9 best Shopify profit tracker apps, from which you can choose the best one for your business.
Why do you need a Shopify profit tracker app?
Small business entrepreneurs sometimes overlook this step when starting out in order to save money. But in reality, it is a worthwhile business investment.
A Shopify profit tracker app is superior to spreadsheets, manual input, or a desktop system because you can access all your reports in one place, saving time and effort from countless files and numbers. It also allows you to know your business overview, avoiding any unwanted headaches and complications.
Operating without such an app might easily hurt your business by preventing effective scalability. Nobody wants to hit a snag by going over budget or miscalculating profits.
Therefore, it is crucial to get a profit tracker app to manage your Shopify store more effectively.
The list of 9 best Shopify profit tracker apps
It isn’t easy to find the right Shopify profit tracker app when there are lots of them available on the app store. Although this remains quite a niche, you’ll need to choose one that suits your business and budget the most.
But don’t worry. If you are still trying to find an app, we have got you covered. We’ve listed out for you the best options for your eCommerce business.
1. TrueProfit
Rating: 5/5 ⭐
Price: Starting from $19.95/month with a 14-day free trial.
The first-best Shopify tracker app in our list, we have TrueProfit – a quick and easy-to-use tool to help track and closely monitor your store performance anytime and anywhere.
TrueProfit is undoubtedly one of the best Shopify profit tracker apps you don’t wanna miss
To name a few, you can closely track and monitor your COGS, Shipping, Handling, Transaction, and Custom costs, as well as ad metrics (Revenue and ROAS) on Facebook, Snapchat, TikTok, Google, and Pinterest.
More importantly, this Shopify app will help track all of the above metrics automatically in real time. Combined with the top-class support from TrueProfit’s CS team, you’ll find all analytics much easier to understand than you think.
Finally, you will be able to gain more insights and track the profitability of each product. This allows you to determine which products or combos are selling well and which are not, allowing you to make data-driven business decisions.
Feature highlights:
- Auto-track all costs
- Real-time sync ad spends
- Customer-based data and analysis
- Define your best-sellers and most profitable items
- Track your customer lifetime value: LTV, CAC, repurchase rate, etc.
Track all your Profits & Losses in real-time
2. BeProfit
Rating: 4.9/5 ⭐
Price: Free plan available. The pricing plan starts from $25/month with a 14-day free trial.
This is one of the best Shopify profit tracker apps designed to optimize your business profits and help grow your online store.
How much do you make? BeProfit delivers an ultimate all-in-one analytics dashboard to manage and evaluate lifetime earnings and expenses, including manufacturing, shipping, ad spending, taxes, and fees.
This app can create and export data reports, schedule reports, change your shop data, and apply numerous profit calculation options with the completely customizable analytics dashboard. BeProfit converts complex data into easy-to-understand charts and graphs helping you have a full overview of your business performance.
BeProfit has the ideal solution for in-depth performance tracking. Track the platform, ad, and campaign performance of your Shopify stores with their UTM attribution tool.
Utilize a sophisticated cohort analysis to calculate the Customer Lifetime Value in order to identify your most profitable audiences and gain actionable insights into your marketing performance in order to maximize your profitability.
Additionally, the app interacts with all your ad networks to provide a comprehensive view of your marketing efforts and ROAS.
Don’t know where to begin? Beprofit has report templates that are already set up, which are great for beginners.
Feature highlights:
- Real-time data and insight
- Customizable analytics
- Lifetime value calculation
- Connect with your ad network
3. SimplyCost by Zapfor Apps
Rating: 4.7/5 ⭐
Price: $4.99/month with a 14-day free trial.
The SimplyCost app is also one of the best Shopify profit tracker apps for online store owners who want to keep track of cost and profit. It is used by more than 2,000 Shopify stores.
This app offers users the most efficient tool for calculating all critical data related to your business performance. It is also regarded as an excellent report generator for online merchants, allowing them to manage them with just a few steps.
SimplyCost makes another great option for Shopify profit tracker
Additionally, SimplyCost has some amazing features, for example, spare time overseeing costs, saving you time keeping track of costs. Therefore, you can spend more time on other important tasks.
It allows you to know what drives the most benefit so you can settle on smart business decisions where to cut costs, increase sales, and improve your bottom line.
Feature highlights:
- Profit automated calculation
- Spare time overseeing costs
- Educated choices suggestion
- Automated adding information
4. Lifetimely
Rating: 4.9/5 ⭐
Price: Free plan available. The pricing plan starts from $19/month with a 14-day free trial.
With the help of the Lifetimely app, a straightforward analytics toolkit for Shopify, you can keep track of your profit in real time. This is why it is in our best Shopify profit tracker apps.
It estimates numerous important and beneficial indicators, like your purchaser’s lifetime cost, repurchase rate, real-time profitability, sales, and how satisfied consumers act with this app from one month to another.
You’ll discover how much money to spend on advertising to acquire new customers, how that money should be allocated, and which marketing activities have the highest return on investment in advertising records.
Lifetimely, in particular, goes beyond a customer’s first purchase to figure out how much your consumers are worth to your business over time.
With the ‘Lifecycle Grid’ feature, you can better understand your customer base and invest in your retention efforts over time. This feature, then, visualizes changes for your client base and identifies customer segments who do not return to your shop.
Feature highlights:
- Tracking customers and repurchase rates.
- Break down how your most valuable consumers act.
- A predictive LTV model driven by artificial intelligence
- Products or combos promoting suggestions.
5. Profitario by Saritra
Rating: 4.5/5 ⭐
Price: Free plan available. The pricing plan starts from $20/month with a 14-day free trial.
Next on the list of best Shopify profit tracker apps is Profitario. Their profit calculation for Shopify stores, along with entirely free invoicing for AliExpress orders, makes them an excellent choice for small dropshipping businesses.
With Profitario, all the information about profit margins and disputes is automatically put into a single, easy-to-read report for convenient access. So there’s no need to bounce between sources or waste time figuring it out yourself!
This profit tracking app is ideal for orders and profit monitoring and is on the simplest side. Profitario has a full dashboard where you can examine, among other things, income, cost of goods sold (COGS), advertising expenditure, as well as returns and disputes.
Profitario has various built-in expenditure analytics features and can simply integrate with multiple stores. You can conduct analytics in any currency, and all conversion work is completed in seconds, making this a fantastic solution for dropshipping businesses that sell to customers all over the world.
As an owner, you can monitor all costs such as the cost of goods, the cost of shipping, and the cost of doing business. In addition, you can pull data at any time to make reports to have an overview of what’s going on with your Shopify store.
Feature highlights:
- Dispute tracking
- Unlimited cost category
- Conduct analytics in any currency
- Simple User Interface (UI)
6. Quickbooks Online Global by Intuit
Rating: 4.9/5 ⭐
Price: Free plan available. Additional charges may apply.
QuickBooks is unquestionably among the best Shopify profit tracker apps due to its unique features. It relieves you of any bookkeeping concerns as a Shopify accountant by assisting you with precise reports.
QuickBooks assists you with important tasks such as project costing, which allows you to easily keep all costs under control, and maximize profits with real-time insights.
It also includes a cost-tracking feature that calculates your earnings, controls your budget, and provides profitability information.
QuickBooks makes it easier to keep track of your inventory with real-time updates and reports. You can keep track of every product purchased or sold, the number of items offered, and the profit made. These statistics show your overall revenue and profits monthly, quarterly, and yearly.
As a business owner, you can use QuickBooks to import all of your Shopify orders and refunds with just one click.
Feature highlights:
- Real-time updates
- Inventory management
- Hundreds of app integrations
7. Conversific
Rating: 4.7/5 ⭐
Price: Free plan available. The pricing plan starts from $29/month with a 14-day free trial.
The next name in the best Shopify profit tracker apps is Conversific. With this app, you’ll know exactly which products are selling well and which ones aren’t, allowing you to change your strategies for getting better results.
Contrary to what the name says, Conversific is a lot more than just an app for profit analytics. Almost every bit of customer information can be added to your reports in order to help you come up with marketing plans.
Conversific is among the Shopify profit tracker apps that you can trust
This Shopify profit tracker app monthly has an update feature on your store’s performance which is insightful and to the point. It enables the average user with little to no knowledge of analytics to get their foot in the door and start making decisions based on data.
The app visualizes your sales information and provides actionable advice for your e-commerce store. The action-based suggestions are very helpful when figuring out how much you’ve spent and where to cut your spending.
Conversific brings together data from Shopify and Google Analytics. The tool gives a benchmark for the industry based on site performance, conversions, revenue, and bounce rate. So, you can examine how your site compares against your competition.
Feature highlights:
- Ad hoc reporting
- Insights and Benchmarks
- Automatic Reports and Alerts
8. Profiteer by Resistor Software
Rating: 4.6/5 ⭐
Price: Starting from $14/month with a 3-day free trial.
These Shopify app providers are always up to date on the latest trends, which is why Profiteer was created to assist online sellers in maximizing their profit through a simple and free process.
The Profiteer app is ideal for multi-purpose shops that want to increase sales by adding product costs. All profit and margin reports will be available to business owners at any time. Its differentiated feature is providing a complete estimate of your unsold stock.
Furthermore, store owners can easily track and adjust the cost reports of profitable items sold. This app, in particular, can import and export prices for a large number of products at once.
Feature highlights:
- Seamless workflow
- Count the unsold inventory
- Easy to change prices and information about products
- Extensive, in-depth accounting reports
9. Accountify
Rating: 4.4/5 ⭐
Price: Free.
As the last app on our list of the best Shopify profit tracker apps, we bring you a completely free profit-calculating app.
Accountify is one of the best Shopify profit tracker apps that provides the stats you need to quickly evaluate your revenues’ performance.
It will track all of your variable fees including product prices, shipping costs, transaction expenses, and the charges incurred when a sale is made. Then, it will provide you with each product record to calculate and track the profitability in real time.
One of the cool things about this Accountify app is that it can automatically track how much you spend on Facebook ads. Meanwhile, Google Ad Spend might come out later with the next update.
With a few clicks of the mouse, you can import your subscription fees for Shopify and other apps. Easy to figure out how much money you made on each order. You can drill down to see each product’s profitability. It also sorts products by profitability, sales, collections, and more.
Feature highlights:
- Easily integrate your Facebook/Google ads
- Analyze each product line’s profitability
- Support to import your subscription expenses
Final thought
When it comes to profitability and business indicators, there is no room for error. Hopefully, it’s evident by now why we strongly advise utilizing one of the best Shopify profit tracker apps above to monitor and oversee your business’s performance.
Furthermore, we hope we were able to steer you on the correct path in order to pick the best option for your Shopify business.