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Adarsh, Product or feature adoption is the important metric to measure when it comes to product marketing. He is trying to say that the they are not able to see the possibilities of people adopting (becoming users) the product. You have to start working on DAU and MAU DM will discuss
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Startup Terminologies Demystified ๐ 1) LTV (Customer Lifetime Value): The total revenue a business can expect from a single customer during their entire relationship with the company. It helps measure how valuable a customer is in the long run.
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Consumer Internet is not dead in India yet. Today I found out about an app - Way2News. Hyperlocal news app. So basically if you want you can get news of a district specifically. Just raised $14 Million dollars from WestBridge. The numbers are cr
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A North Star Metric (NSM) is a key metric that a company prioritizes for growth. It serves as the foundation of a companyโs growth strategy, representing the value delivered to customers. Benefits of NSM: a] Focusโ While different teams may tra
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The Consumer Adoption Process The consumer adoption process involves five key stages: Awareness, Interest, Evaluation, Trial, and Adoption. 1. Awareness: Consumers first learn about the product. Example: Tesla created awareness for its EVs through
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๐ Bluetooth 6.0 is here! The biggest update is the ability to measure the distance to devices with centimeter accuracy. This opens up many new possibilities for developers to create cool and useful features for connected devices. Connection reliab
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Did you know 70% of startups fail because they donโt understand their Target market size or adoption rate? To set yourself apart, you need to define what problem your product or service is solving and understand the size of your target market. Kno
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