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15 Key Product Management Metrics and KPIs

Altexsoft

Today, the biggest issue with metrics is not how to measure them – Google Analytics alone is a valuable tool for calculating and visualizing your success. KPIs are among key points in building a product roadmap – they allow product managers to evaluate engagement, feature usage, user experience, and, of course, commercial success.

Metrics 92
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Net Promoter Score: How to Use and Track the Main Loyalty Metric

Altexsoft

One of the most efficient and valuable metrics here to implement is the Net Promoter Score. It shows how many of your customers can be considered loyal – those who are the least likely to abandon your product for a competitor. So, how to understand the number of your evangelists and what to do with this information next?

.Net 73
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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

Despite its simplicity, the occupancy rate is an important KPI that shows how full your hotel is. Monitoring it over time would let you understand how your hotel is performing in different periods. Same as the RevPAR, this KPI doesn’t consider any input costs, so it can’t show the ultimate profit. Why use it? Why use it?

Hotels 64
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Product Life Cycle: How to Extend Your Product Market Presence

Altexsoft

KPI – Indicators to trace at the entry level. The purpose of this KPI is to indicate the profit from the entire relationship with the customer. This KPI displays the overall number of people who discovered and visited your website or application. Recommendations – How to introduce the product efficiently.

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How to Build a Product Marketing Strategy for Your Software Solution

Altexsoft

In this article, we will explain how to create a step-by-step product marketing strategy for your software solution. At the primary research phase, plan out personal interviews, group surveys, and focus groups with your potential or current clients. Not the composition, but the marketing strategy. What is product marketing?

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How to Successfully Implement HR Analytics and People Analytics in a Company

Altexsoft

In January 2018, The US Bureau of Labor Statistics conducted an employee tenure survey. Creating and maintaining the great environment comes along with the understanding who the high performers are and how to keep them inspired, as well as who is lagging and why. Choose metrics and KPIs to monitor and predict. Compensation.