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The Best E-Commerce Analytics Tools to Track What Matters

Analytics

The Best E-Commerce Analytics Tools to Track What Matters

In the fast-paced world of e-commerce, data isn’t just a nice-to-have; it’s your competitive edge. Knowing what your customers are doing, why they’re doing it, and how to optimize their journey can be the difference between a high-converting online store and a digital ghost town.

That’s where e-commerce analytics tools come in. The right tools give you the clarity and control you need to make smarter decisions, improve customer experience, and ultimately grow revenue.

In this post, we’ll explore the best e-commerce analytics tools in 2025, both free and paid and break down how they help you track what truly matters.


🧩 What Should You Be Tracking?

Before we dive into the tools, here are some critical metrics every e-commerce brand should be monitoring:

  • Conversion Rate

  • Customer Acquisition Cost (CAC)

  • Customer Lifetime Value (CLV)

  • Cart Abandonment Rate

  • Traffic Sources

  • Bounce Rate

  • Average Order Value (AOV)

  • Top-Selling Products

  • Product Page Performance

  • Funnel Drop-Off Points

Now let’s look at the best tools to track these metrics and turn insights into action.


🔍 1. Google Analytics 4 (GA4)

Best for: Comprehensive website behavior tracking
Price: Free

GA4 is the go-to tool for understanding user behavior on your e-commerce site. With enhanced tracking and event-based data, you get real-time insights into how users interact with your product pages, checkout flow, and campaigns.

Key Features:

  • Track purchases, form fills, and scroll depth

  • Funnel visualization and path analysis

  • Integration with Google Ads and Search Console

  • Custom dashboards and reporting

Pro Tip: Set up e-commerce tracking to unlock product performance, revenue attribution, and more.


🛒 2. Shopify Analytics

Best for: Shopify store owners
Price: Included with Shopify (Advanced features with higher plans)

If you use Shopify, its built-in analytics dashboard provides key e-commerce insights, including sales performance, customer cohorts, and product trends.

Key Features:

  • Sales reports and product analytics

  • Customer behavior reports

  • Real-time data dashboard

  • Attribution and conversion reports

Bonus: Upgrade to Shopify Advanced or Plus for deeper insights like forecasting and custom reporting.


📊 3. Hotjar

Best for: Understanding on-site behavior through heatmaps and session recordings
Price: Free plan available; paid plans from $32/month

Hotjar helps you see how users interact with your site—literally. Use heatmaps, session replays, and on-site surveys to identify friction points in the customer journey.

Key Features:

  • Heatmaps of clicks, scrolls, and taps

  • Session recordings for real user playback

  • Funnel analysis

  • On-site feedback widgets

Great for: Optimizing product pages and checkout experiences.


⚙️ 4. Klaviyo Analytics

Best for: Email and SMS marketing performance
Price: Free tier available; paid based on contacts

If email marketing is a core revenue driver, Klaviyo’s built-in analytics are essential. You can tie email performance directly to revenue, orders, and customer segments.

Key Features:

  • Campaign performance dashboards

  • Revenue per email

  • Customer lifecycle tracking

  • Advanced segmentation analytics

Why It Matters: Know which automations are driving the most conversions and which audiences are most valuable.


📈 5. Mixpanel

Best for: Product and retention analytics
Price: Free for up to 20M monthly events; paid plans from $25/month

Mixpanel goes deeper into user journeys, making it perfect for subscription or multi-touchpoint e-commerce brands. Track user behavior over time, understand churn, and analyze retention cohorts.

Key Features:

  • Real-time funnel analysis

  • Customer segmentation

  • Event-based tracking

  • Cohort analysis

Best For: DTC brands with complex funnels or repeat purchases.


🧠 6. Triple Whale

Best for: Attribution and cross-platform analytics for Shopify stores
Price: Starts at $129/month

Triple Whale offers a centralized dashboard that brings in data from Facebook Ads, Google Ads, Shopify, TikTok, and more. It’s tailored for DTC brands looking for clear ROI and ad attribution.

Key Features:

  • Multi-channel attribution

  • Customer journey mapping

  • ROAS and LTV dashboards

  • Real-time performance alerts

Why Use It: If you’re tired of jumping between ad platforms, Triple Whale brings everything under one roof.


📦 7. Lifetimely

Best for: LTV, cohort analysis, and forecasting
Price: Free for basic, paid plans from $19/month

Lifetimely helps you understand customer lifetime value, repeat purchase rates, and profitability by cohort. It’s ideal for brands focusing on retention and long-term growth.

Key Features:

  • LTV projections and analysis

  • First product sold reports

  • Customer cohort reporting

  • Gross margin insights


🛠️ Bonus: Other Tools Worth Exploring

  • Metorik – Excellent analytics for WooCommerce stores

  • Amplitude – Product analytics similar to Mixpanel

  • Looker Studio – Custom dashboards and data visualization

  • Segment – For unifying customer data from multiple platforms

  • Heap – Auto-captures events for faster analytics setup


✅ Final Thoughts: Choose Tools That Fit Your Stage & Stack

There’s no one-size-fits-all when it comes to e-commerce analytics. A Shopify-only brand may thrive with built-in dashboards and Klaviyo, while a scaling DTC brand might need Mixpanel and Triple Whale for deeper insights.

Here’s a simple rule of thumb:

  • Just getting started? → Google Analytics + Hotjar

  • Mid-stage growth? → Add Shopify reports + Klaviyo + Lifetimely

  • Scaling fast? → Consider Triple Whale + Mixpanel + Looker Studio

The most successful e-commerce stores aren’t just selling—they’re learning. Pick the right analytics tools, and you’ll turn every visitor interaction into a smarter, more profitable decision.

The Best E-Commerce Analytics Tools to Track What Matters was last modified: May 30th, 2025 by
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Allow me to introduce myself as Aderonke Bamidele. I am fully engaged in online work, making a living while nurturing a deep passion for the Internet and its inner workings. Since December 2012, when I embarked on my online career, I have never looked back, despite the numerous challenges encountered as a young entrepreneur.

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