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Metric to Track Your Product Growth
Monitor and assess the success of your product over time with the right metrics.
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Metrics to Track Your Product
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Acquisition
Activation
Retention
Revenue
Referral
Engagement
Acquisition
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Acquisition
85
Favourites
Acquisition Conversion Rate
The percentage of newly acquired users who successfully complete a desired action, such as making a purchase or signing up, indicating the effectiveness of acquisition efforts.
15 Min Read
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Revenue
16
Favourites
Annual Recurring Revenue (ARR)
The total expected annual revenue from subscription-based customers, providing a predictable income stream for an organisation.
5 Min Read
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Revenue
55
Favourites
Average Contract Value
The average revenue generated per customer contract, useful for understanding the value of customer agreements over a specific period.
5 Min Read
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Revenue
77
Favourites
Average Revenue per User (ARPU)
The average revenue generated per customer account, helping assess revenue efficiency and business model effectiveness.
5 Min Read
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Acquisition
93
Favourites
Bounce Rate
The percentage of visitors who leave a website after viewing only one page. This metric is an indicator of potential issues with site engagement or relevance.
5 Min Read
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Revenue
80
Favourites
Burn Rate
The rate at which an organisation spends its capital resources, especially in the early stages, before achieving profitability.
5 Min Read
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Acquisition
79
Favourites
Channel Effectiveness
Measures the success of different marketing or distribution channels in reaching and engaging the target audience, impacting sales and customer acquisition.
5 Min Read
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Retention
56
Favourites
Churn Rate
The percentage of customers, or subscribers, who stop using a product or service within a given timeframe, indicating customer retention and satisfaction.
5 Min Read
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Revenue
84
Favourites
Cost per Thousand Impressions (CPM)
The advertising cost incurred by an organisation for every 1,000 impressions served, measuring the efficiency of campaigns.
7 Min Read
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Acquisition
12
Favourites
Customer Acquisition Cost (CAC)
The total expense incurred to acquire a new customer, including both marketing and sales costs; understanding CAC is crucial for evaluating profitability and growth strategies.
6 Min Read
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Engagement
18
Favourites
Customer Effort Score (CES)
The ease of which customers can interact with a product or service. A lower CES indicates ease of use leading to higher user satisfaction and loyalty.
8 Min Read
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Retention
40
Favourites
Customer Health Score
An overall gauge of a customer's engagement, satisfaction, and likelihood of continued product or service usage or churn based on various data points.
8 Min Read
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Revenue
37
Favourites
Customer Lifetime Value (LTV)
The total revenue a business expects from a single customer throughout their entire relationship with a product or service, crucial for profitability and customer strategy.
9 Min Read
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Revenue
15
Favourites
Customer Profitability
The financial gain an organisation derives from a customer over time, assessing the value and cost efficiency of customer relationships.
8 Min Read
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Engagement
63
Favourites
Daily Active Users (DAU)
The total number of unique users who engage with a product or service within a single day.
7 Min Read
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Revenue
58
Favourites
Expansion Revenue
The additional revenue generated from existing customers through upsells, cross-sells, or upgrades, indicating successful value addition and customer growth.
6 Min Read
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Engagement
55
Favourites
Feature Usage
The total frequency and depth of usage for specific product or service features.
4 Min Read
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Activation
52
Favourites
First-Time User Conversion Rate
The percentage of new users who perform a desired action during their initial visit, indicating early engagement and appeal.
4 Min Read
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Acquisition
45
Favourites
Landing Page Conversion
The rate at which visitors perform a desired action on a specific landing page, reflecting effectiveness in meeting its objectives.
5 Min Read
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Engagement
94
Favourites
Monthly Active Users (MAU)
The total number of unique users who engage with a product or service within a single month.
4 Min Read
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Revenue
91
Favourites
Monthly Recurring Revenue (MRR)
The predictable total revenue generated by an organisation from all its active subscriptions in a month, key for financial stability.
5 Min Read
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Referral
51
Favourites
Net Promoter Score (NPS)
A gauge of customer loyalty and satisfaction by measuring the likelihood of customers recommending a product or service to others.
6 Min Read
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Revenue
74
Favourites
Net Revenue Churn
The revenue lost from existing customers, after accounting for new or expanded revenue from those same customers.
4 Min Read
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Revenue
57
Favourites
Net Revenue Retention
Revenue retained from existing customers over time, including upsells, and churn, indicating customer satisfaction and long-term business health.
3 Min Read
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Activation
15
Favourites
Onboarding Completion Rate
The percentage of users who finish the onboarding process, indicating the effectiveness of the introduction to a product or service.
4 Min Read
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Retention
29
Favourites
Product Adoption Rate
A measure of the speed and extent to which customers start using a new product or service, reflecting its market acceptance and effectiveness of launch strategies.
4 Min Read
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Activation
11
Favourites
Product Qualified Accounts (PQA)
Potential customers who have used a product and shown behaviours indicating a high likelihood of upgrading to a paid account.
4 Min Read
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Activation
12
Favourites
Product Qualified Leads (PQL)
Users who have experienced significant value from a product, indicating a higher likelihood of conversion to paying customers.
4 Min Read
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Referral
45
Favourites
Referral Conversion Rate
The percentage of referred prospects who become customers, gauging the effectiveness of referral programs in driving successful new customer acquisitions.
4 Min Read
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Referral
15
Favourites
Referral Rate
The percentage of customers who refer your product or service to others, indicating satisfaction and the effectiveness of referral programs.
4 Min Read
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Engagement
49
Favourites
Session Frequency
The average number of unique sessions per user within a given timeframe.
4 Min Read
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Engagement
35
Favourites
Session Length
The average duration of a user's interaction with the product or service during a single session.
5 Min Read
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Engagement
50
Favourites
Stickiness
The ratio of daily active users to monthly active users, indicating how often users engage with the product.
4 Min Read
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Engagement
99
Favourites
System Usability Score (SUS)
A measure of the usability of a product feature or system comprising a ten-item questionnaire providing a global view of subjective assessments.
3 Min Read
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Engagement
24
Favourites
Task Success Rate
The percentage of users who complete a specific task or set of tasks within a product or service successfully.
4 Min Read
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Revenue
57
Favourites
Time to Purchase
The duration it takes for a customer to transition from initial interaction with a product or service to making a purchase decision.
4 Min Read
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Activation
49
Favourites
Time to Value
The duration it takes for a customer to realise significant value from a product or service, impacting satisfaction and retention.
5 Min Read
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Acquisition
19
Favourites
Traffic Source Distribution
The analysis of the origin of a platform's visitors, like search engines, social media, or direct visits, providing insight and understanding of audience acquisition strategies.
5 Min Read
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Activation
35
Favourites
Trial to Paid Conversion Rate
The percentage of users who upgrade from a free trial to a paid subscription, indicating product value and monetisation effectiveness.
5 Min Read
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Activation
36
Favourites
User Activation Rate
The percentage of new users who take a key initial action, demonstrating engagement and the first step towards becoming active users.
4 Min Read
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Engagement
40
Favourites
User Feedback Score
A measure of user satisfaction often gathered through surveys, ratings, or reviews.
5 Min Read
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Retention
52
Favourites
User Renewal Rate
The percentage of customers who renew their subscription or service agreement, indicating long-term satisfaction and loyalty to the product.
6 Min Read
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Retention
14
Favourites
User Retention Rate
The percentage of users who continue to use a product over a specific period, indicating customer satisfaction and product stickiness.
5 Min Read
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Engagement
37
Favourites
User Satisfaction
A measure of how satisfied user are with a product, this is often calculated through surveys or in-app feedback.
4 Min Read
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Referral
65
Favourites
Virality Coefficient
An indication of how many new users each existing user refers or brings to a product, measuring the effectiveness of its referral or sharing mechanisms.
4 Min Read
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