Growth Metrics
Growth metrics are quantitative measures used to assess the performance and progress of a business or organization. These metrics help track key aspects such as revenue, user acquisition, and customer retention, providing insights into how well a company is expanding over time. Common growth metrics include Monthly Recurring Revenue (MRR), Customer Lifetime Value (CLV), and Churn Rate.
By analyzing growth metrics, businesses can make informed decisions to optimize their strategies and improve overall performance. These metrics serve as benchmarks, allowing companies to compare their growth against industry standards or competitors. Understanding growth metrics is essential for sustainable development and long-term success.