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Atharva Deshmukh

Daily Learnings... • 2m

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: proportion of customers who continue to use your product. 3. Customer Acquisition Cost (CAC): cost of acquiring a new customer. 4. Customer lifetime value (CLV): projected revenue a customer will generate during their lifetime. 5. Churn rate: percentage of customers who stop using your product. 6. Net promoter score: On a scale of 0-10, how likely are you to recommend the product/ service? b] Product Development KPIs: assess the efficiency and effectiveness of development processes. 1. Time to market: time taken to develop and launch a new feature or product, calculated in days, weeks, or months. 2. Defect density: the number of defects, and issues in the product's code divided by the database size. 3. Feature adoption rate: how quickly users adopt new features. c]Business performance KPIs: provide insights into the profitability and sustainability of a product. 1. Gross revenue: total revenue generated from product sales. 2. Net revenue: remaining revenue after deducting all operating expenses. 3. Gross margin: percentage of revenue left after accounting for the cost of goods sold

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I am finally writing these after 2 busy days, today its about KPIs Key Performance Indicators, or KPIs, are the standard tools for measuring performance, evaluating success, and tracking progress toward goals. KPIs are important in PM because they

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