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  • What all metrics you measure to check the growth of your product

    Anil Matcha
    37 replies
    Follow me on twitter for growth topics :- https://twitter.com/matchaman11

    Replies

    AndrΓ© J
    PageViews, session length, new users, I like using this notion template with google analytics: https://www.landmarklabs.co/bloc...
    Charlie Park
    I check Conversion rate each funnels, WAU on a weekly basis and I share to my team members
    Anton Zorin
    Number of backlinks (it affects search rankings and therefore the number of visitors) Number of visitors (it's the TOFU = Top of the Funnel) Number of signups Activation rate Adoption rate Conversion to paid Account retention Net revenue retention NPS There are many more metrics, but I think it's better to focus on just several if not one.
    There are many metrics that can be used to measure the growth of a product, and the ones that are most relevant can depend on the nature of the product and the goals of the company. 1. User acquisition: Tracking the number of users who sign up for or download the product, as well as how they found out about it. 2. User engagement: Measuring how often and how deeply users interact with the product, such as how long they spend using it, how frequently they return, and what actions they take within it. 3. Churn rate: The percentage of users who stop using the product over a given period of time. 4. Revenue: The amount of money earned by the product, whether through sales or other sources (such as advertising). 5. Customer satisfaction: Measuring how happy users are with the product, such as through survey responses or reviews. 6. Conversion rate: Measuring the percentage of visitors who take a desired action, such as signing up for a newsletter or making a purchase.
    Aida Zu
    @victoria_wu Is it Chat GPT?
    @aidai_zu It is powered by GPT indeed, called Trickle. If you are interested, you can just try it.πŸ˜€
    Karthik Tatikonda
    1. Visistors to the landing page 2. Number of new users 3. Customer feedback and 4. Revenue
    Andrew Philip
    We measure our product's market share and track changes in our industry to gauge our competitive standing.
    Andrew Howe
    We measure customer acquisition cost and customer lifetime value to ensure we are achieving sustainable growth.
    Katherine Connor
    Our company focuses on tracking daily active users, user retention rates, and session duration to keep our users engaged with our product.
    Talha Fakhar
    You can check with customer feedback, retention rate & comparison of sales πŸ’΅ with last quarter.
    Shushant Lakhyani
    Here are some useful metrics: 1. User acquisition rate 2. Conversion rate 3. User retention rate 4. Churn rate 5. MRR 6. NPS 7. CAC 8. CLTV
    Anil Matcha
    @shushant_lakhyani What is the most important one
    Taylah Drury
    We track our product's mobile app ratings and reviews to understand user sentiment and satisfaction.
    Kathan Desai
    Pentest Copilot by BugBase
    Pentest Copilot by BugBase
    One favourite metric - # paid clients/ Total leads. Improving funnel conversion is the key to hyper growth.
    Matthew Tooth
    Social media engagement and follower growth is a key metric we measure to assess brand awareness and customer sentiment.
    Richard Gao
    Biggest one I measure is just revenue for us
    Rana Ahmed Waheed
    Our company closely monitors churn rate and customer satisfaction to ensure we are meeting customer needs and expectations.
    Nuno Reis
    We very much use Weekly Active Teams as our North Star Metric. Then we measure things that help with it, such as Weekly Active Users, 2 Week Retention, Acquisition %, among others. The important part for us is making sure that the North Star Metric keeps growing that the user experince is improved on feedback and problem discovery.
    Anil Matcha
    @nuno_ms_reis Awesome, thanks for sharing your experience
    R U S
    We analyze our customer feedback and support tickets to identify areas for improvement and potential product enhancements.
    Zane Maum
    Receive SMS Online
    Receive SMS Online
    Our team closely monitors our revenue growth and monthly recurring revenue (MRR) to ensure sustainable business growth.
    Jonathan Grimes
    We track our product's search engine rankings and optimize our SEO efforts to increase visibility.
    Aida Zu
    I've seen some really insightful thoughts here: https://www.producthunt.com/disc...