What is your North Star metric?
Anil Matcha
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Anna N@a_6
In Soula we define our NSM as a total number of paid chats. Btw we are on Product Hunt soon, subscribe: https://www.producthunt.com/prod...
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Great question! We are currently in the series of workshops that are meant to define our Messaging, User Persona, Customer Journey and Metrics
Number of users paying for our product.
DAU, MAU and MRR.
For a B2B business: Growth inside existing clients. This means users are recommending the product to their co-workers. It means users are not just tolerating the product, the actually really like it.
@vincentropy interesting! Does it include recommendations to other businesses?
My North Star metric is 'active user engagement' as it accurately represents how valuable our platform is to our users, not just by the raw count of people joining, but by how involved they are in our community, consistently engaging with our content and participating in discussions, which ultimately drives sustainable growth for our platform.
I believe the true value of my product is realized when users consistently interact and find value with it, driving retention and long-term success.
Main: ARR.
Secondary: The Daily Active Users (DAU) to Monthly Active Users (MAU).
Revenue!
our north star? 'moments of clarity'. it's when users realize the depth behind a note they've written. because NotesNudge isn't about storing thoughts, it's about understanding them.
As an online marketplace, it is the number of transactions.
Conversion rate