Then use this metric to track how long users continue to use your product and how often they return.
Engagement Rate
This metric tells you how active and engaged users are with your product, such as the number of sessions per user or the number of features used.
Then use this metric to further refine your product for greater engagement.
Reference Rate
Referral rate is the percentage of customers who are referred to a business by current customers.
Learn more: Referral marketing – a great ally in increasing sales
So use this metric to measure the effectiveness of your referral program or to track the success of your word-of-mouth marketing efforts.
Total Revenue
Total revenue is a financial metric that calculates the total colombia mobile database amount of money your business has earned during a specific period of time.
Therefore, you should apply this metric to measure the overall performance of your business and compare it with previous periods or with other businesses in your sector.
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In conclusion
Now you know the pillars of an effective product-led marketing strategy, as well as the right metrics to ensure your efforts are on track.
So keep in mind that it is essential to observe these metrics over a long period of time and compare them to standard benchmarks and business objectives.
Recognizing patterns and trends can help you identify areas for improvement and make it easier to monitor the effectiveness of your growth marketing tactics.
To achieve this, it is essential to have experts. This way, you can ensure an effective return on your digital marketing efforts. So, count on UP2Place to take care of this and ensure that your business reaches its goals and obtains significant results.