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
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
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
I stopped using social media (Instagram) and became 10X productive within 1 week..
safe 6-7 hrs daily 🤯🤯
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PRATHAM
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Medial • 13d
Churn Rate Explained
Suppose you open a gym called "The Rajat Dalal GYM " in January. First month, 100 log aaye, sab full josh me "New Year, New Me!"
But February hits. 40 people disappear. Some realized Netflix & Chill > workout, some got busy, an
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31 replies18 likes
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
A food ordering app for schools and colleges. Order from classrooms or anywhere set pick up time. The restaurants within cafeteria will make sure the order is ready at the specified time. Saving time and fixing crowding.
Kinda like HungerBox
Thoughts
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
Most of the products are in India focused on first sales very less focused on service of the product. Even if they have service which is not adequate to the customer experience because of focus on first time buyers rather than existing customer. What
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1 replies
Mahesh Kumar
Stealth • 4m
As a customer, I am disappointed with OYO hotels dishonouring bookings and my friends too had bad experiences. Me and all my known friends have stopped using OYO. What's your opinion? And how come such a worst company is still growing?