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  • What are some key metrics you track to ensure you’re driving growth efficiently?

    My3 Murthy
    4 replies
    For early stage startups its hard to have many metrics- but one thing I keep count of is how many prospects we spoke to & what their sentiment was while on call. Vague number- but the more people you talk to- the more understanding you gain, hence improving the product. Do you have any metrics that you treat as your north star?

    Replies

    Ibileke Samuel
    Good question! My team and I are building FlashApply and it’s still in its early stage. The key metrics I take note of to drive growth is the website click through rate and also the media reach You can check us out on flashapply.ai Good job!💪🏽
    Gabriel West
    The key metrics that I keep an eye on are the engagement rate and impression rate at the awareness phase, the website visits on the consideration phases and my action phases the number of buyers/those who went to the final process in the funnel. And retarget them. The number of followers on your social media pages is a good key metric if you just started.
    Gurkaran Singh
    Oh, tracking prospects' sentiments sounds like reading the startup tea leaves! My north star metric? I keep an eye on customer retention rates; after all, keeping them around is half the battle won in the growth game! How about you? What's your startup's magic growth potion?
    Crispinflyn
    You can tring learn about: Customer Acquisition Cost (CAC) Customer Lifetime Value (CLTV) Monthly Recurring Revenue (MRR) NPS, strands hint