5 Key KPIs for Successful Product Marketing
In today’s fast-paced digital world, product marketing is crucial for the success of any business. It involves promoting and selling a product to potential customers, which requires strategic planning, research, and analysis. However, creating a great product is not enough to guarantee its success in the market. You need to track your progress using key performance indicators (KPIs) to measure your marketing efforts’ effectiveness accurately. KPIs help you identify areas where you excel and areas that need improvement. By tracking KPIs such as customer acquisition cost (CAC), customer lifetime value (CLV), conversion rate, churn rate, and net promoter score (NPS),…