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

Altexsoft

Usually, in addition to sales volume and market share, you tend to use most popular product management KPIs. One of the most efficient and valuable metrics here to implement is the Net Promoter Score. What’s Net Promoter Score? For instance, Amazon has a Net Promoter Score of 69, which is over 30 percent above its industry norm.

.Net 73
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Product Life Cycle: How to Extend Your Product Market Presence

Altexsoft

Also, we’ll review the product life cycle stages within Airbnb, one of the most successful hospitality networks of today. For a software product, entering the market is usually preceded by the development stage. It’s a demonstration of a small part of the software usually created as a presentation. Product life cycle.

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15 Key Product Management Metrics and KPIs

Altexsoft

Let’s make a bold assumption: Every software product you regularly use is data-driven. It’s an effective KPI to use to monitor a company’s current health and it’s especially valuable in SaaS businesses working on a subscription basis. But the number of people who have subscribed or purchased your product isn’t a primary KPI.

Metrics 92
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10 Reasons Why Your Company Needs a DevSecOps

Mobilunity

Before that security measures were applied to any software on the last stage before release. It can also be referred to as security DevOps and is focused on creating new ways for a more agile and efficient software development process. DevOps is another methodology that is derived from the Agile, continuous software delivery principle.

Company 52
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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. Make a list of all your competitors’ products, compare website traffic, analyze their websites and social networks. Below you can see the most effective promotion strategies for software solutions. Paid search.

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Hotel Revenue Management: Solutions, Best Practices, Revenue Manager’s Role

Altexsoft

KPI tracking. The last point is of special importance, because the KPIs define the success of the whole strategy. KPIs in hotel revenue management. Revenue per available room (RevPAR) – a KPI that assess financial and business performance of a hotel. This KPI captures a snapshot of overall business performance.

Hotels 66
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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. Revenue managers have to focus on this KPI to develop the revenue potential of all hotel departments and adjust the package offers and the entire upselling strategy. The CPOR is a crucial KPI that allows you to monitor your expenses.

Hotels 64