Revenue per Square Foot is a measurement of the average revenue generated by each square foot of your store.
This metric is important because it gives you a good idea of how much revenue you can generate from each square foot of your store.
If you have a store that has a low revenue per square foot, you may want to consider expanding your store or looking into other ways of increasing your revenue per square foot.
It can be difficult to calculate Revenue per Square Foot directly inside of Stripe; that's where Causal comes in.
Causal is a modelling tool which lets you build models on top of your Stripe data. You simply connect Causal to your Stripe account, and then you can build formulae in Causal to calculate your Revenue per Square Foot.
Causal lets you build models effortlessly and share them with interactive, visual dashboards that everyone will understand.
In Causal, you build your models out of variables, which you can then link together in simple plain-English formulae to calculate metrics like Revenue per Square Foot. This makes your models easy to understand and quick to build, so you can spend minutes, not days, on your models.
When you're done, you can share the link to your model with stakeholders. They'll be able to view your model's outputs in a visual dashboard, rather than a jumble of tabs and complex formulae. The dashboards are interactive, letting viewers tweak your assumptions to see how they affect the model's outputs.
Causal lets you add visuals in a single click, letting you plot out graphs and distributions for metrics like Revenue per Square Foot.