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13 Key Product Adoption Metrics You Should Start Tracking And Why

Userpilot

You’ll see why they matter to your bottom line and the steps to start calculating them immediately. Measuring your adoption rates will give you insights to boost free-to-paid conversion, retain more users, and turn customers into advocates. Formula to calculate the free trial conversion rate. What is time-to-value?

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How to Measure Growth of a Company [+ Metrics]

Userpilot

Compound annual growth rates (CAGR) calculate the average annual growth of a company over a period. Conversion rate measures the percentage of users who take a desired action, such as converting from free trials to paying customers. The formula to calculate CAGR is – CAGR = ((Ending value) / (Beginning value))^(1/n) – 1.

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What is Engineering as Marketing and How Can It Help You Drive Product Growth

Userpilot

Engineering as marketing is an inbound marketing strategy that involves creating free useful tools for your target audience. While it can be expensive and difficult to build these free tools, it pays back in many ways. It should also be free to access, provide added value, and should focus on doing one thing well.

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NPS vs CSAT Surveys: Which Customer Satisfaction Metric is Best to Use?

Userpilot

NPS vs CSAT surveys: which is better for measuring customer satisfaction? Keep reading to learn: Pros and cons of NPS and CSAT surveys. NPS vs CSAT: why you should use them together. How to build CSAT and NPS surveys. Send NPS surveys to customers who’ve had a recent experience with your product or service.

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14 Essential Product Health Metrics to Track in SaaS

Userpilot

Feature usage rate calculates the percentage of users repeatedly using important product features. Net Promoter Score (NPS) asks customers about their likelihood to recommend your product on a scale from 1 to 10. To calculate the conversion rate, divide the number of conversions by the total number of users of a cohort.

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What Is an NPS Program and How To Build One Code-Free?

Userpilot

Looking for an NPS program to collect customer feedback and improve their experience with your SaaS product? Net Promoter Score (NPS) is one of the most widely used metrics to measure customer experience. If you want to get started with your own NPS program, then read on! What is an NPS program? Here are some examples.

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What is eCommerce NPS, and How Can You Drive Sales By Improving It?

Userpilot

How can you use NPS eCommerce to gain qualitative feedback as part of your online store strategy? Unlike customer satisfaction surveys , NPS indicates customer loyalty and brand sentiment in the long run. Calculate the Net Promoter Score by subtracting the percentage of detractors from the percentage of promoters.