A growth strategy is as good as the insights it's based on. Past data is the goldmine of profitable growth insights. Here is a spreadsheet-based model to quickly analyze past data and discover hidden growth insights.
Hello Product Hunt,
Today I am launching the SaaS Growth Strategy Model - a spreadsheet-based analytics model that runs eight analyses on past data and helps you discover hidden growth insights.
If you are in the business at least for a couple of months, offer a free tier plan, and have a few paying customers, the model will help you discover growth bottlenecks. Some of these problem areas will be the growth levers for your business.
đĄ Then it suggests top growth strategies mapped for each bottleneck.
The model needs four types of data to work:
- Website Traffic Data
- Free Plan Funnel Data
- Retention, Renewals, and Churn Data
- Marketing & Sales Expense Data
You can enter past data for any number of months, from 2 to 12.
The model runs following analyses:
- Funnel analytics
- Growth rates calculation of various metrics
- Conversion rate benchmarking
- Cohort Analysis
- Anomalies Detection
- Sensitivity Analysis
- Downgrades Analysis
- Targets & budgeting
It is built on a spreadsheet, so you can use it right away and unearth your biggest opportunities within a few hours without wasting days learning new fancy software.
WHY I BUILT THIS?
I have always been intrigued by the question, "How to design a SaaS growth strategy that works?"
And while working with various SaaS businesses, I discovered two truths about growth strategies:
âď¸ A strategy is as good as the insights it's based on.
âď¸ Good and bad, both strategies take almost similar efforts to implement but produce vastly different results.
Thus, discovering compelling growth insights is the most ROI-focused heuristic for growth strategy design.
đĄ And past data is the goldmine of growth insights.
So, I created this model to analyze past data and discover growth insights quickly. It has been an internal tool for my work, and recently I thought of launching it as a product.
Thoughtlytics