Both Sides of the Table

APRIL 26, 2016

In product business it is often measured over multiple purchases and assumptions are made about the repeat rates and in the enterprise or services world LTV can be based on churn rates, which are notoriously hard to predict in an early-stage business. One big, beginners mistake people make in LTV is to measure revenue.

Metrics 150

Metrics Cost Acquisition Startup 150

ConversionXL

FEBRUARY 3, 2022

It’s why Canva can call itself a multibillion-dollar platform and how ConvertKit pulled itself up to compete with goliaths like MailChimp and Campaign Monitor. In the retention phase, measure these performance metrics: Retention rate vs. churn rate Customer churn Net Promoter Score Email open rates Email click-through rate.

Retention 113

Retention Marketing Acquisition Channel 113

Hearpreneur

DECEMBER 10, 2019

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. So for the coming year, I have as my main goal to let go and trust that my wonderful, and very competent staff will be able to deliver the same level of quality that I would.

Entrepreneur 126

Entrepreneur Security SEO Community 126

YoungUpstarts

SEPTEMBER 11, 2016

According to an article published by Forbes, metrics that play a critical role in any startup management includes revenue run rate, average revenue per user, customer acquisition rate, churn rate, and operation efficiency. Drill down on your numbers and get every detail right. Implement the Right Tech.

Operations 100

Operations Management Churn Rate Startup 100

Hearpreneur

DECEMBER 8, 2019

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. So for the coming year, I have as my main goal to let go and trust that my wonderful, and very competent staff will be able to deliver the same level of quality that I would.

Entrepreneur 62

Entrepreneur Security SEO Community 62

ConversionXL

OCTOBER 11, 2022

In this article, you’ll learn how ecommerce customer retention boosts long-term revenue and the strategies you can use to keep customers coming back. A good retention rate means people continue to choose you over a competitor, deepening customer relationships and reducing churn rate. Start by uncovering your shortcomings.

Retention 111

Retention eCommerce Channel Community 111

Up and Running

APRIL 27, 2012

We are all competing to capture people’s attention with whatever time is left, once they have logged out of their Facebook accounts for the day. A more fundamental problem that entrepreneurs can control, however, is related to their understanding of the key revenue drivers of their businesses. They are in build mode after all.

Metrics 68

Metrics Nigeria Ratchet Churn Rate 68