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What are the best metrics for measuring a product's success?

Asked 2 years ago

I want to assess how well my products are doing, especially the new ones, but my current strategy does not seem to be working with all products. What are the key performance indicators that I can incorporate to measure the success of my products?

Shopify store Kpi Product success Utm parameters

Sergio Hunter

Monday, July 04, 2022

These are the best metrics to use to measure product success. They help you analyze customer satisfaction, build a business case, track your product, and forecast revenue.
Monthly Recurring Revenue (MRR)
Average Revenue Per User (ARPU)
Customer Lifetime Value ((CLTV)
Customer Acquisition Cost (CAC)
Active User Percentage 
Churn Rate
Acquisition Rate
Client Retention Rate
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