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Top 10 Product Analytics and Research Tools in 2023

Top 10 Product Analytics and Research Tools in 2023
Exon Nkemchor
•  08.03.2023
Product analytics and research tools: Find out what they are, their key features, why they are useful in a product team, and a comprehensive list of our top 10 product analytics and research tools for leading product teams.

With the rise of user-centered design being at the core of forward-thinking companies, building products that meet user needs has become the primary goal of design teams. Companies like this rely on data-backed user insights to iterate on their product in order to make it work for their users. Analytics and research help them learn more about how their users navigate their product, measure product performance and spot opportunities for future iteration. 

There are different software and tools that help to automate this process. In this article, we’ve put together a list of best product analytics and research tools to help you choose the one for your next project. 

What are product analytics tools?

Product analytics tools

Product analytics tools enable product teams to track and monitor user engagement and interactions across products which provides valuable insight on current user behavior, product performance and errors. These insights go on to inform the product team on the necessary product changes to make and how users will respond to it.

Product analytics tools often consist of dashboards and reports that visualize and analyze  quantitative user data highlighting where users spend most of their time when using different  products and identify drop-offs where users churn or show very low navigation progress. This data is usually interpreted by product teams that are made up of product managers, developers, designers and data analysts. 

What are product research tools?

Product research tools enable product teams to understand user needs by collecting unbiased data while implementing different research methods such as; card sorting, tree testing, qualitative research and surveys and translating findings into actionable steps for product development. Product research tools help you understand your users in order to come up with better ideas and data-backed user insights to delight your customers through efficiency and speed.

Product research tools help product teams to organize their research process in a way that works for them and leads to ultimate product success. The importance of these tools cannot be overemphasized as leading product teams have attested to the ease that these tools bring when learning about user needs and drawing insights from it that helps to inform product decisions.

The product analytics and research tools are necessary to product teams for various reasons that we’ll describe below.

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Why use product analytics tools? 

Using product analytics and research tools helps teams to:

  • Track user interactions within a digital product such as number of visits 
  • Conduct qualitative and quantitative product research to understand user needs
  • Identify pain points within a product that may lead to drop-offs or churn
  • Organize processes for efficiency and speed
  • Use data-backed customer insights to guide product decisions
  • Get validation and stakeholder buy-in for product feature ideas and decisions
  • Identify behavioral patterns and flows through the product

When you use the right product analytics and research tool to improve your product development process, you get faster output and a more reliable result that helps you put users and customers at the center of your product decisions.

The key features of product analytics and research tools

The key features of product analytics and research tools includes; event tracking, session recording, funnel analysis, and heatmaps.

  1. Event tracking – This feature in product analytics tools helps to track user interactions throughout the product by showing trends that help to identify how and why the user is engaging with the product. For example: You want to track an event on the “product offering” section of your website on a particular device (desktop or mobile). This feature gives an analysis on interactions, such as how many users clicked a particular button and even more detailed analysis that most times may need to be synthesized and interpreted by data analysts and scientists.
  2. Session recording – They automatically collect all user interactions with your product website and give you the ability to either watch individual user sessions and activities to understand specific user behaviors, like where users click, how much time they spend on a page, and what issues they face along the way. For example, this feature helps you learn how your users act when navigating a particular design feature within their customer journey by recording each action they take during the interaction. This is a great way to gather qualitative feedback on your product.
  3. Funnel analysis – The funnel analysis feature is made up of any two or more events that helps you spot the number of users who completed a particular action (an event) and went on to also complete another one (a different event). It aggregates the conversion rate between each action or step completed by the user and creates a visualization for you that highlights the step or action with the highest drop-off.
  4. Heat maps – The heat map features provides an aggregated view of how users interact with a website or product, and helps you spot which elements make users click or bounce off through color-coded graphic representations.
  5. User Segmentation – This feature helps to identify who users are, where they came from, and what they are interested in.
  6. A/B Testing – This feature helps to compare different versions of features, design options etc. to see what works best.

These features work together to help make product and research tools and software efficient and reliable enough in handling sensitive customer data and providing real unbiased insights.

Top 10 product analytics and product research software

  1. UXtweak
  2. Quantum Metric
  3. UXcam
  4. Mixpanel
  5. Heap
  6. Hotjar
  7. Smartlook
  8. Pendo
  9. LogRocket
  10. Zoho Analytics

UXtweak

UXtweak is a product research tool that helps you to gather meaningful data about your digital product and understand your users. It perfectly visualizes customer frustration to better understand their issues in the form of pixel-perfect session replays, heatmaps and many other powerful analytics tools.

Track user’s clicks, scrolls, mouse moves and discover new ways to improve your product website. Its goal is to help you save time by using its automated research methods, which would utilize state-of-the-art ML and NN technologies.

Product analytics tools

Tools:

  1. Website Testing
  2. Card Sorting
  3. Tree Testing
  4. Session Recording
  5. Heat Maps
  6. Prototype Testing
  7. Mobile Testing
  8. Preference Testing
  9. Five Second Test
  10. Surveys
  11. First click testing

Unique tools also include the Onsite Recruiting, a built-in reward feature to motivate respondents to participate in your research. Alternatively, you can recruit participants from the 155M+ User Panel

Not only that, there is also Think-aloud protocol to collect audio feedback using respondents’ microphones, and Crowd Feedback, which allows users to submit and vote for other people’s ideas to improve the website. Product teams can use UXtweak in every stage of the product research journey. 

Pros

  • Easy to use even for a complete beginner
  • Unlimited studies – with UXtweak you can test as much as you want
  • Free plan for smaller projects or you can customize a plan to fit your demands
  • It offers advanced analytics that are easy to read

Cons

  • Supports only 10 languages

Pricing:

For smaller projects, UXtweak offers a free subscription for unlimited time. You may also select a pro plan for only 80€ per month or customize a plan to fit your demands.

Improve your product’s UX with UXtweak

The only UX research tool you need to visualize your customers’ frustration and better understand their issues

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Quantum metric

Quantum metric is a machine learning product analytics tool that helps you automate the identification of technical issues and confusing user experiences in real time. You can empathize with your customer and easily resolve issues with detailed session replay coupled with UX analysis that is easy to use and draw insights from.

Quantum metrics is known for automatically identifying user experience issues.

Product analytics tools

Tools:

  1. Sessions – Digital Analytics
  2. Standard Event Tracking
  3. Funnels
  4. Custom Event Tracking
  5. Engagement
  6. Entry and Exit Pages
  7. Conversions
  8. Real-Time Reporting
  9. Custom Reports and Dashboards
  10. Click Tracking
  11. Mouse Movement
  12. Frustration Tracking
  13. Data Analysis
  14. User Identification
  15. Search Box

Pros:

  • This product tool integrates with major platforms such as Salesforce, Google Cloud, Slack, and Google Analytics.
  • Quantum makes optimizing your customer experience so much more efficient.
  • Quantum has great customer service.
  • Excellent in helping to quantify your product.

Con’s:

  • Not entirely easy to configure on your own
  • Little or no documentation to explain some technical functionalities.

Pricing:

Quantum Metric costs from $5,500/user/month. There is no free trial.

UXCam

UXCam is a user experience analytics tool for mobile apps that offers session replays, heatmaps, funnel analytics, and event analytics in order to help you or your product team understand the how and why behind your customer journey. UXCam automatically captures, processes, analyzes, and visualizes user behavior data.

UXCam is a great tool for helping SaaS companies identify usability problems in mobile apps, track performance metrics, and make informed design choices.

Product analytics tools

Tools:

  1. Performance and Reliability
  2. Exit Tracking
  3. Retention
  4. Return
  5. Conversions
  6. Demographics
  7. User Segmentation
  8. Geolocation
  9. Real-Time Insights
  10. User Path Tracking
  11. User Activity History

Pro’s:

  • UXCam offers an ideal way to review mobile App’s session recordings.
  • Helps you understand user behavioral data.
  • UXCam integrates with major platforms including Firebase, Google Analytics, and Segment.

Con’s:

  • The filtering of users to exclude internal testers feature is not intuitive enough.
  • It can sometimes be difficult to create custom events since it needs to be done on the backend with engineering.

Pricing:

UXCam offers a free plan that includes 10,000 sessions/month, and a free trial with 100,000 sessions/month.

Mixpanel

Mixpanel is an event-based analytics software for web and mobile that provides interactive reports which helps to analyze user behavior cost-effectively. This software helps product teams measure what matters, make decisions fast, and build better products through data.

This tool takes a different approach than most analytics platforms. Instead of analyzing by page views, it measures the actions or steps taken by users and visitors visiting or using the product application while being monitored.

Product analytics tools

Tools:

  1. Interactive reports.
  2. Team boards and Alerts
  3. Limitless segmentation
  4. Group Analytics
  5. Data integration and Management

Pro’s:

  • Track and analyze user behavior on websites and mobile applications.
  • Very intuitive user interface.
  • Easy to use and quick to get started.
  • Mixpanel integrates with platforms such as Google Cloud, Optimizely, Zoho, and Slack

Con’s:

  • Some statistical data are not available
  • Does not send surveys to customers directly in-app
  • It is time-consuming to set up Mixpanel

Pricing:

Mixpanel starts at $20/month/account. A free plan is available for up to 100,000 tracked users.

Heap

Heap provides you with digital insights that helps you completely understand your customers’ digital journeys, so you can quickly improve conversion, retention, and customer delight. It captures every user action taken on a website like which pages people were on, what element they clicked on, the color of the button, the target text on the click, the actions users took before and after clicking.

Heap helps you to improve user experience by pinpointing exactly where users are struggling and quickly make improvements to the customer experience, ensuring an intuitive, enjoyable experience.

Product analytics tools

Tools:

  1. Session Replay
  2. Heap Illuminate
  3. Journeys
  4. Segments
  5. Dashboards
  6. Charts
  7. Playbooks
  8. Capture
  9. Enrichment
  10. Integrations

Pro’s:

  • Heap integrates with platforms such as Shopify, Salesforce, and HubSpot
  • It is simple to use
  • It has a broad scope of functionalities
  • Very effective data visualization feature

Con’s:

  • Accumulates a lot of cache files which slows down the software
  • It is not intuitive enough.
  • It does not read custom events API that are not structured correctly.

Pricing:

Heap is free to use for 1 project and up to 10k sessions/month. Paid plans are offered with customized pricing upon request.

Hotjar

Hotjar is a product research tool that provides product experience insights that show how users behave and what they feel strongly about, so that product teams can deliver real value to them and get feedback.

Hotjar is a great way to collect continual feedback throughout your entire product development process. 

Product analytics tools

Tools:

  1. Integrations
  2. Funnels
  3. Dashboard
  4. Highlights
  5. Trends
  6. Heatmaps
  7. Click Tracking and mouse movement – Session recordings
  8. Surveys
  9. Error and Bug Tracking

Pro’s:

  • Easy installation process.
  • Very intuitive user interface
  • Heatmaps makes it easy to track your website’s UX

Con’s:

  • The software is expensive
  • Analysis of the conversion funnel and forms are not very detailed.

Pricing:

Hotjar has 12 pricing editions, with their basic offer starting at 32 Euros for 100 daily sessions. Hotjar also has a free trial version.

Smartlook

Smartlook helps you to start collecting every user interaction with your product with one snippet by auto collecting all user data and preparing this data for analysis. This software offers customers the opportunity to get answers to their questions weeks or even months easier and faster.

Smartlook’s feature immediately analyzes the data as soon as an event is defined which saves them from having a delay of several weeks between detecting an anomaly and being able to investigate it as opposed to having unattended open customer tickets.

Product analytics tools

Tools:

  1. Session recordings
  2. Heatmaps
  3. Events
  4. Funnels
  5. Crash reports
  6. Cross-platform
  7. Mobile app analytics

Pro’s:

  • User-friendly interface makes it easy to navigate and understand user data
  • It is very beginner friendly
  • Implementation is simple and does not require technical knowhow with tracking events and gathering contextual information.

Con’s:

  • Heatmap feature is not efficient
  • Privacy of user data collected by Smartlook is sometimes not secure.

Pricing:

Smartlook has a free trial of 3000 sessions per month.

Pendo

Pendo helps product teams ask and answer questions like: What features are customers or employees interacting with? Which are they ignoring? What parts of the product are driving delight or frustration? Through targeted walkthroughs and messaging within the app help you improve onboarding and feature adoption. 

This tool also allows product teams to capture, prioritize, and manage customer feature requests using Pendo Feedback. This provides a pipeline of product insights from sources such as user interviews, beta testing, reviews, and customer success check-ins. The output data is therefore combined with relevant analytics to improve product roadmap.

Product analytics tools

Tools:

  1. Analytics
  2. Mobile
  3. In-app Guides
  4. SaaS Portfolio Insights
  5. Feedback
  6. Integrations
  7. Roadmaps
  8. Services & support

Pro’s:

  • Pendo integrates with third-party solutions such as Algolia, Figma, HubSpot, Jira, Microsoft Teams, Slack, Salesforce, and Tableau.
  • Easy to use solution that helps to analyze and improve user experience
  • Very intuitive user interface.

Con’s:

  • Little or no support
  • Dashboard limitations

Pricing:

Pendo offers customized pricing upon request. It also has a free plan that supports up to 1,000 active users.

LogRocket

LogRocket is one of the best softwares out for session replays and performance monitoring. LogRocket helps development teams to fix software problems, improve conversions and maximize product engagement. It has a great combination of session replay, product analytics data, and performance monitoring in one platform.

By watching real users interact with the app, Logrocket uses ‘rockets’ to help analyze the performance of Javascript-based apps in order to help product teams make better informed product decisions. 

Product analytics tools

Tools:

  1. Session Replay for Developers
  2. Error Tracking & Issue Management
  3. Frontend Performance Monitoring
  4. Session Replay for Product, Design & Marketing
  5. Product Analytics
  6. UX Analytics
  7. Frustration Issues

Pro’s:

  • LogRocket integrates with popular software development tools such as GitHub, Jira, Trello, Sentry, and Mixpanel.
  • Versatile software that allows you observe user sessions for any particular flow you’re optimizing for.
  • Offers amazing customer support
  • Great debugging for your development team.

Con’s:

  • Link sessions are unavailable
  • They do not integrate with core communication tools like Slack.

Pricing:

LogRocket starts at $99/user/month. There is a free plan which allows for up to 1000 sessions per month.

Zoho Analytics

Zoho Analytics provides features that can help you with slicing and dicing data as required using a variety of charts, widgets, pivot tables, and tabular view components to best tell your product story. Zoho Analytics connects, prepares, and analyzes your product data on a large scale whereby the data that is prepared is handled directly in the Zoho application.

With its extensive data integration, Zoho Analytics makes it easy to see which products are performing best.

Product analytics tools

Tools:

  1. Data Integration
  2. Data Preparation
  3. Visual Analysis
  4. Augmented Analytics
  5. Unified Business Insights
  6. Collaborative Analytics
  7. Data Storytelling
  8. Mobility
  9. Embedded BI
  10. Security & Governance
  11. Deployments
  12. Extensibility & Elasticity

Pro’s:

  • Zoho Analytics integrates with major platforms such as Salesforce, Microsoft Dynamics, and HubSpot.
  • Very intuitive UI
  • Supports data collaboration to curate a strong story
  • Features a smart AI assistance that generates insights. 

Con’s:

  • May require technical support to set up
  • Data might often need to be interpreted by data scientists and analysts.

Pricing:

Zoho Analytics’ pricing starts at $24/user/month. They also offer a free plan for up to two users, as well as a 15-day free trial.

Product analytics and research tools play a major role in the success of the everyday digital products that we use. 

10 free product analytics tools 

For small and early product teams, you can leverage some of the tools that are free and begin to automate your product development process early on.

Here are 10 free product analytics tools for those on a budget:

  1. UXtweak
  2. UXCam
  3. Mixpanel
  4. Google Analytics
  5. Heap
  6. Hotjar
  7. Smartlook
  8. Pendo
  9. LogRocket
  10. Zoho Analytics

All product and research software listed have free trials and versions which can help you hit the ground running with creating a watertight research process and healthy product roadmap.

Try UXtweak for Product Research

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Try UXtweak for Product Research

Use analytics to improve product experience

To build a successful product, you must strive to ensure that it comprises core features that meet users’ needs and wants, presented in the most intuitive and clear way. Product analytics and research tools help product teams stay ahead of the curve, meet all user requirements, and gain a competitive advantage with a solid product map that ultimately improves product and user experience. 

Use UXtweak’s session recordings to collect data on how users react to your product and pinpoint issues they’re facing as they interact with each page and feature. You can then use this data to prioritize product iterations or introduce new features to meet user needs.

After you’ve made changes, leverage surveys and feedback to get first-hand product experience feedback from your users and spot opportunities for gauging future product decisions.

Register for your free account today and try UXtweak for product analytics!

People also ask (FAQ)

What is a product analytics tool?

Product analytics tools enable product teams to track and monitor user engagement and interactions across products which provides valuable insight on current user behavior, product performance and errors. These insights go on to inform the product team on the necessary product changes to make and how users will respond to it.

What is the best product analytics tool?

The best product analytics tool is the tool that tailors to your specific product and research needs. Use our list to find out what your product needs are and choose the right tool that will work for you.

Is Google Analytics a product analytics tool?

Google Analytics is a product analytics tool used for analyzing user activity and behavior on websites and mobile apps that provides detailed reports around user behavior, customer location, and per-click quotas.

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