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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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Some glimpse of business full form ? GTM:- go to market LTV:- lifetime value MVP :- Minimum viable product GT:- General Trade SP:- selling price ROI:- return on investment ROAS:- Return on advertising spend DAU:- Daily Active user MAU:- Monthly A
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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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