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Store Leads Blog

What's new in the world of ecommerce data

YouTube accounts for stores

We've just added YouTube accounts for over 55,000 stores in our database. When we first launched, Store Leads included accounts for prominent social network (like Twitter, Instagram, and Facebook) for all Shopify stores. By comparison, YouTube is used less frequently by ecommerce merchants so you might be tempted to dismiss YouTube's relevance in this segment. What's interesting, however, is that many of the most prominent stores have a presence on YouTube.

Ranking Improvements

We've improved our ranking algorithm by adding traffic estimates. Before this update, we calculated rank for domains in our database based on harmonic centrality and page rank from the Common Crawl dataset. Centrality and page rank are based on the links between domains. They are a good indication of the connectedness of a domain but are not the best indicator of a domain's popularity. As a result, some of the top domains under the old algorithm were a bit of a headscratcher.

App and Theme Spend

We've added estimated theme spend and monthly app spend for each Shopify domain in the database. Read below for an explanation of how we calculate these values and how to interpret them. Theme Spend Theme spend is based on our theme detection algorithm, which identifies themes purchased from the theme store even if the theme has been customized by the merchant. As a result, we do a good job of identifying themes that a merchant is running and can produce a theme spend estimate based on the cost of the theme as advertised in the theme store.