Back

Vedant SD

Finance Geek | Conte... • 11m

Day 49: BLR Data Dive: Demystifying Metrics for Startup Success Data is the new gold in Bengaluru's startup scene. But deciphering it can feel like reading ancient scrolls! Here's your decoder ring: * Website Traffic: Understand who's visiting your website and how they interact with it. * User Acquisition Cost (CAC): Track how much it costs to acquire a new customer. * Customer Lifetime Value (CLTV): Measure the total revenue a customer generates over time. Aim for a high CLTV! * Conversion Rate: See what percentage of website visitors take a desired action (e.g., sign up, purchase). * Net Promoter Score (NPS): Gauge customer loyalty by asking how likely they are to recommend your product or service. * Social Media Analytics: Track engagement on social media platforms and understand your audience better. * A/B Testing: Experiment with different website elements (e.g., call to action buttons) to see what drives better results. DYOR 😅.

Reply
6

More like this

Recommendations from Medial

Pravar Rai

Out of my mind. Back... • 2m

How do you guys track your sales?? I am trying to understand how to track my sales data so that I understand what needs to get better…

Reply
3
Image Description

Saksham

Legal Advisor! • 1y

Safeguard Your Brand: Proactive Strategies for Trademark Enforcement. As an IP attorney, I've seen the power of proactive trademark enforcement. Here's how to protect your brand: ●Monitor your mark across platforms. ●Utilize USPTO resources to trac

See More
1 Reply
6

Somraj

 • 

Finicate • 1y

Startup Blueprint - Day 04 Business Model Refinement 1. Revenue Streams: Specify how your startup generates revenue (e.g., subscriptions, one-time sales). 2. Cost Structure: Break down fixed and variable costs (e.g., production, marketing, overhea

See More
Reply
7
7
Image Description
Image Description

Sidhartha Juluri

Why work when u can ... • 5m

I need a basic website where there are 2 accounts business acnt and customer acnt if a customer enters something that should be stored in the database and appear for a business account how much would it cost to outsource this website ?

3 Replies
1
Image Description
Image Description

Vishnu kumaran

Design guide for you... • 8m

Things that you should give a serious focus on your Hero section of your website as a founder. √ Clear Message: Ensure visitors immediately understand what your business offers. Confusing messages make people leave. √ Strong CTA: A well-placed, cl

See More
9 Replies
7
14
Image Description
Image Description

Siddu Vadimanchi

Find loopholes and f... • 3m

I have a startup idea 💡 where I am connecting shopkeeper and customer through our website but there is a problem like Revenue model (how much commission I should charge from shopkeeper and customer) And how should I get customer in this sector gui

See More
3 Replies
4
Image Description
Image Description

Nandha Reddy

Cyber Security | Blo... • 6m

half way through the book. It helped me to understand how important Customer lifetime value (CLTV) is and how important it is to make your customers keep hooked to your product. (even helped me realise how, Many companies are already using these te

See More
12 Replies
6
16
Image Description
Image Description

Vivek Joshi

Director & CEO @ Exc... • 2m

Crucial KPIs for founders, from inception to exit: Pre-Seed: Validate your idea! Focus on Problem-Solution Fit (qualitative user interviews, early sign-ups). Seed: Prove initial traction. Track Customer Acquisition Cost (CAC), Conversion Rates, and

See More
3 Replies
82
44
1

Riyaz Saleem

Growth Marketing Hea... • 4m

Many startups fail due to inadequate market analysis and lack of clear metrics. Before launching, conducting thorough market research is essential for effective brand positioning and messaging. It helps you understand how your product fits in the m

See More
Reply
2

Download the medial app to read full posts, comements and news.