How do you measure the success of your products, and what metrics do you use to track progress?

Nicholas Alexander
2 replies

Replies

Brian Chen
It highly depends on which stage your product or company is currently at. For a startup, mainly focus on customer related metrics, like # of customers, # of new customers, customer churn, to ensure that you're developing a product customers want; For a non-startup, it's much more complicated and should focus more on business related metrcis, like MRR, ACV, unit econoics, to ensure that you're running a success business based on this product.
Ozan Yalçın
- Logo Churn (Gross): A measure of the number of customers lost during a particular time period (as a %) - Revenue Churn (Gross): % of revenue lost due to cancelations or downgrades - Net Churn: The measure of lost revenue month over month due to cancelations or downgrades after factoring in any new revenue from existing customers (i.e upgrades or expansions)