Measuring Your Product
This collection of metrics cards offers detailed insights into key software development metrics, showcasing methods for improvement, real-world examples, and departmental utilization. By focusing on these metrics, product teams can strategically drive growth, enhance product quality, and optimize user engagement, ensuring sustained success in a competitive landscape.
Available Metrics:
59
Customer
Customer Lifetime Value (CLTV)
CLTV represents the total amount of money a customer is expected to spend on your products or services during their relationship with your company. This metric helps businesses understand the value a customer contributes over time.
FORMULA
CLTV = Average Purchase Value × Average Purchase Frequency × Average Customer Lifespan
Financial
Monthly Recurring Revenue (MRR)
MRR tracks the total predictable revenue that a business expects to receive every month from its subscribed customers. It is a vital metric for companies with subscription-based business models, providing a clear view of steady income streams.
FORMULA
MRR = Total number of paying customers × Average revenue per user (ARPU)
Team & Efficiency
Attrition Rate
Attrition Rate, also known as turnover rate, measures the percentage of employees who leave an organization over a specific period, whether voluntarily or involuntarily. It is crucial for assessing employee retention and organizational stability.
FORMULA
Attrition Rate = ( Number of Employees Leaving / Average Number of Employees ) × 100%
Team & Efficiency
Productivity Rate
Productivity Rate is a measure of the efficiency and effectiveness with which employees complete tasks and achieve goals within a given timeframe. It is crucial for evaluating workforce performance and optimizing operational processes.
FORMULA
Productivity Rate = Total Output / Total Input
Team & Efficiency
Employee Satisfaction
Employee Satisfaction measures the extent to which employees are content with their jobs, including aspects of their work environment, relationships with colleagues and supervisors, and their roles within the organization. This metric is crucial for assessing workplace morale, productivity, and employee retention.
FORMULA
There is no standard formula for Employee Satisfaction as it involves aggregating responses from satisfaction surveys to create an overall score or percentage representing satisfaction levels.