Do you think that you're making something that someone will use as a daily life need or what about that health care startup who is failing because of low revenue and high customer acquisition rate .
What is Key Performance Indicators (KPIs) for startups ?: where metrics meet mayhem.
➤ Revenue Growth: If you're not making money, you're just playing entrepreneur.
➤ Customer Acquisition Cost (CAC): How much cash are you burning to get someone to
How many of you know about (Churn Rate)
Churn rate, or customer attrition, measures the percentage of customers who stop using your product or service over a period. It's crucial for businesses, especially those with subscription models, as it direc
Top 10 Metrics for Startups
👉 Customer Acquisition Cost (CAC): How much does it cost you to gain a customer?
👉 Lifetime Value (LTV): The total worth of a customer over their entire relationship with your business.
👉 Burn Rate: How quickly are y
Feature Friday: What Drives Your Business Strategy?
As entrepreneurs, we're constantly navigating complex decisions and trade-offs. But what if you had a single metric that guided all your strategic choices?
Cast your vote:
A) Customer Acquisition
Which metric is most commonly used by startups to measure product-market fit?
A) Customer Acquisition Cost (CAC)
B) Net Promoter Score (NPS)
C) Customer Lifetime Value (CLV)
D) Monthly Recurring Revenue (MRR)
As mentioned, I will continue from yesterday's post and write about types of KPIs in detail
a] Customer and user engagement KPIs:
1. Conversion rate: percentage of users who have signed up/ purchased the product.
2. Customer retention rate: propo
Hey Medial Guys, what's the conversion rate you're achieving with this influencer marketing? How much are Instagram influencers currently charging? Is it worth collaborating with Instagram influencers? In my experience, the conversion rate on Instagr
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Vikas Acharya
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Medial • 1m
STARTUP TERMS TO KNOW - Day 1
1.PIVOT - A significant change in a startup's business model or strategy.
2.BOOTSTRAPPING - Funding a startup using personal savings or internal revenue without external help.
3.UNICORN - A privately held startup valu
You're running this banner that says, "Rate This App."
Do you think it’s an effective way to drive improvement and build trust?
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Inactive
Stealth • 6m
🚀 30 Pure Gold Startup Terms Every Entrepreneur Must Know
Taste of Chocolate to know about chocolate, taste of Terms to know about startup :)
→ MVP: Minimum Viable Product
→ Burn Rate: Monthly cash spending rate
→ Runway: Months until cash runs
