The Product Coalition

AUGUST 4, 2023

The Role of Data in Defining Your North Star Metric How the Right North Star Metric Can Illuminate Your Business Path A North Star metric is a key performance indicator (KPI) that a company uses as the leading measure of its success. This metric should represent the core value your product delivers to customers.

Data Visualization

Userpilot

OCTOBER 3, 2023

The retention stage is all about keeping your existing customers satisfied and engaged with your product to ensure they continue using it over the long term. And that’s why you should track the following: Customer satisfaction to assess how content your users are. What are the 5 main stages of a customer journey?

Onboarding KPIs

Userpilot

NOVEMBER 6, 2023

Top metrics to measure customer growth To assess customer growth effectively, it’s important to consider a variety of key metrics, as no single KPI can tell the whole story. Customer retention Customer retention is your company’s ability to keep existing users over a specific period. How to calculate CSAT.

Onboarding KPIs

Userpilot

NOVEMBER 8, 2022

OKRs are different from KPIs because a KPI is strictly a metric that reflects performance. There are two main performance frameworks in product marketing – OKRs and KPIs. Meanwhile, a KPI is a single metric that gives a reflection of performance in one area. Increase user satisfaction.

Onboarding KPIs

Userpilot

OCTOBER 4, 2022

Behavioral UX KPIs include Average Time Spent on Task, Task Success Rate, Error Occurrence Rate, Navigation vs. Search, and Conversion Rate. Some examples of attitudinal UX KPIs are Feature Adoption Rate , Customer Satisfaction Score (CSAT), Net Promoter Score (NPS), System Usability Scale (SUS), and Customer Retention Rate.

Analytic Tools

Userpilot

AUGUST 30, 2021

Which product analytics tools should you be using? How many analytics tools do you need? Some analytic tools are confusing, some are difficult to use, and some are downright irritating, making it hard to access the product growth insights you need. What are product analytics tools? Let's get started… TL;DR.

Data Visualization

Userpilot

NOVEMBER 19, 2022

Having trouble deciding which customer service KPI to use? There are some vanity metrics among the KPIs for customer service. So let’s look at the most important KPIs that will help you create strategies to provide superior customer service and boost retention. Improve customer satisfaction.

Onboarding KPIs

Userpilot

JULY 24, 2024

Benefits of a product strategy framework include better alignment between product development and business goals and improved user satisfaction. Select the right pricing strategy to ensure that potential customers find value in paying for your product. Analyze in-app user satisfaction using tools like NPS and CSAT surveys.

Data Visualization

Userpilot

JULY 26, 2022

There are 10 retention KPIs you should look out for. These include customer retention rate , monthly recurring revenue, customer lifetime value , DAU to MAU rate , repeat purchase rate, expansion MRR , customer satisfaction score , net promoter score , customer health score , and the revenue churn rate.

Onboarding KPIs

Userpilot

JUNE 11, 2024

Let’s explore the most important metrics (you can check their benchmarks here ): User activation rate : Measures how effectively onboarding converts new users into active users. Time-to-value : Tracks how quickly users realize the value of the product.

Onboarding KPIs

Userpilot

DECEMBER 13, 2021

Best way to track and measure product management KPIs. Product management KPIs help product teams outline and track the business or product success. KPI stands for Key Performance Indicator, and OKR stands for Objectives and Key Results. What are product management KPIs? What’s the difference between KPIs and OKRs?

Onboarding KPIs

Userpilot

MAY 17, 2021

Go ahead and skip directly to the product marketing KPIs list or continue to read if you’re just starting out and looking to understand more about what product marketing is first. What is a Product Marketing KPI metric? Product Marketing KPIs vs Product Marketing OKRs. What is a Product Marketing KPI metric?

Onboarding KPIs

Sachin Rekhi

JUNE 18, 2015

Over the past year at LinkedIn I developed a strong appreciation for using Net Promoter Score (NPS) as a key performance indicator (KPI) to understand customer loyalty. Net Promoter Score (NPS) is a measure of your customer's loyalty, devised by Fred Reichheld at Bain & Company in 2003. The Origin of NPS. How NPS is Calculated.

Product Research

The Product Coalition

MARCH 17, 2020

Using a good collaboration tool with a clearly outlined roadmap is one way to keep tabs both on the “business as usual” and “creative vision” aspects of the product. building product and customer bridges, focusing on customer satisfaction As you’re managing your product’s lifecycle, each step should be driven and supported by data.

Onboarding KPIs

Mixpanel

FEBRUARY 26, 2020

There’ve been a few situations where Alexis and I have simultaneously contacted somebody within our department who’s responsible for a specific KPI because the Mixpanel app allows us to be synchronized. We have KPIs there because we know if they receive that first booking quickly, the pet sitter will be highly engaged for the future.

Data Visualization

Userpilot

SEPTEMBER 7, 2023

TL;DR Analyzing survey data can help you identify patterns, get ahead of issues, and make data-driven decisions moving forward to reduce churn while improving customer satisfaction. While not every key performance indicator (KPI) , there are plenty of metrics that you can gather through surveys such as NPS, CSAT, CES, and more.

Analytic Tools

Userpilot

MAY 13, 2024

Customer feedback surveys serve as invaluable tools for gathering actionable insights directly from your audience. However, it’s important to know when and how to trigger the forms to gather user feedback , for increased response rate and data credibility. Types of surveys include: Customer Satisfaction Score (CSAT).

Customer Feedback

Userpilot

MARCH 2, 2022

OKR vs KPI vs Metrics. Now you might be confused among Objectives and Key Results (OKRs), key performance indicators (KPIs), and metrics. Moreover, all KPIs are metrics, but not all metrics are KPIs. Let’s look at customer satisfaction. Key result: Encourage X more users to upgrade to the new feature.

Feedback Software

Userpilot

JANUARY 23, 2023

The main difference is that customer success OKRs set the direction for CS strategies, while CS KPIs measure progress against customer success OKRs. Thus, an OKR could be “launch customer engagement initiatives,” and the relevant KPI could be “10%+ growth of engaged customer views per month.”

Feedback Software

Userpilot

FEBRUARY 29, 2024

To make your life a little bit easier and help you choose the best product analytics tool for your SaaS, we’ve produced a guide of 14 excellent analytics platforms available on the market in 2024. TL;DR Customer analytics platforms are specialized tools that allow you to collect and analyze data. Let’s dive in! Path analysis.

Data Visualization

Userpilot

JUNE 28, 2024

In this, we’ll explore more benefits of self-serve product analytics and also introduce you to the tools that help you implement this system in your company. TL;DR Self-service analytics is a business intelligence (BI) approach that empowers users to access, analyze, and interpret data without relying on IT or data teams.

Data Visualization

Userpilot

APRIL 23, 2021

Then, I’ll go a bit deeper and look into 10 user persona examples for 3 SaaS tools, to showcase how products with several different use cases can have dramatically different personas. What is a user persona? User persona’s pain points (blockers): Is using other solutions too time-consuming?

Analytic Tools

Userpilot

AUGUST 29, 2022

The four ways you can do it include sending in-app microsurveys , checking reviews on product review platforms, running one-on-one user interviews with the Voice of the Customer (VoC) program, and actively monitoring social media channels. You can significantly enhance your customer experience using sentiment analysis.

Feedback Software

Userpilot

MAY 8, 2024

A customer success dashboard is a visualization tool that helps customer success teams monitor KPIs related to customer engagement, satisfaction , and retention. A customer success dashboard enables teams to access all the data they need in one place, without switching between tools or reports.

Data Visualization

Userpilot

OCTOBER 26, 2023

And if choosing a 3rd party tool, organizations can use it to select the most competitive one. It quantifies the value of the time saved by employees or users, for example, thanks to automation of tasks, streamlined processes, or faster access to information. Implementation costs. Staff onboarding and training costs.

Analytic Tools

Userpilot

JUNE 28, 2022

By using these KPIs, you can calculate how quickly you lose customers, their lifetime value, and their overall health scores. There are eight key CX KPIs that you need to measure. There are lots of tools in the market to measure and improve your customer experience. What is customer experience?

Customer Experience

Userpilot

NOVEMBER 18, 2023

Select the metrics you need to analyze Begin by identifying the KPIs that align with your business objectives. These might include metrics like revenue growth, user growth, user engagement, customer satisfaction, churn rates, and other relevant indicators tied to your product’s growth. Funnel analysis report.

Data Visualization

Userpilot

NOVEMBER 24, 2022

This stage aims to nurture advocacy and ultimately increase the number of repeat customers and boost customer engagement. You measure success in this stage using customer loyalty , customer satisfaction , and the number of active customers. RACE is KPI-powered and based on a performance improvement process.

Feedback Software

ProductPlan

SEPTEMBER 17, 2019

Product Ops responsibilities: Manage the product management tool stack: Once upon a time product management didn’t have any tools of their own. It relied on office productivity software and piggybacked on product development tools such as issue tracking software to cobble together what they needed.

Data Visualization

Userpilot

JANUARY 16, 2023

A feature adoption funnel moves users through the four stages of adoption (Exposed > Activated > Used > Used Again) with the goal of maintaining healthy feature adoption rates across the board. Make the onboarding process as contextual and enjoyable as possible to kick the customer experience off on a high note.

Onboarding KPIs

Userpilot

JANUARY 16, 2024

From analyzing market trends to churning user needs and technical feasibility into golden product ideas, there are many benefits of ChatGPT for product managers. A potent tool, ChatGPT has proven to be a strategic addition to the product management toolkit, churning out ideas in even the most unlikely scenarios.

ChatGPT

Userpilot

JANUARY 17, 2023

Return on investment (ROI) is the most famous KPI. Since most businesses use ROI as their primary metric for success, you can use it to measure your customer’s success with your product and make them realize its value easier. Some of these practices can be easily implemented using a customer success tool like Userpilot.

Feedback Software

Gainsight

AUGUST 27, 2021

Customer Satisfaction (CSAT). If your goal is to drive product-centered growth and a better user experience, it only makes sense to measure customer satisfaction (CSAT). After all, more than two out of every three businesses now compete primarily on customer experience. Customer Satisfaction (CSAT).

Customer Experience

Gainsight

OCTOBER 14, 2020

Gamers know all too well the shortcuts to ‘level up,’ allowing their character to have more abilities, advance boards, and access new tools to win. However, the skills needed to ‘level up’ for product managers are a bit more elusive as PMs often receive varying feedback from customers, sales, customer success, engineering, etc.

Product Research

Usersnap

OCTOBER 6, 2021

This is where user behavior analytics tools come in to help you get a clearer picture of the user behavior. Some features of these tools are: Session Recordings. These recordings are rendered from real user engagement that takes place on your website. Create Well-Defined Goals.

Analytic Tools

Userpilot

JULY 27, 2023

Technology Adoption Rate : This metric measures the rate at which your organization adopts and integrates new technologies or tools within its infrastructure and processes. System usability scale (SUS): This is an attitudinal UX metric that uses a Likert scale to measure the user’s perceived usability of your product.

Research Software

Userpilot

JUNE 15, 2022

Modals can be used to send reminders to users that their free trial is about to end soon, and they have to upgrade their subscriptions to continue using the tool. In addition, you can use modals to ask users why they are not upgrading, like in the image shown below. Best tools to track and improve NRR and GRR in SaaS.

Analytic Tools