How PMs can measure the success of their Product?

PM’s can assess the product’s health & financial feasibility by measuring the metrics divided into the below 5 buckets :

  1. Actionable utility metrics ⚒️
    → What are the leading signals of user behavior that indicate they are deriving utility from your product?
  2. User satisfaction 👥
    → Is your product able to satisfy users' expectations?
    → Areas where the product is excelling?
    → Areas where the product is lagging?
  3. User connection metrics 🖇️
    → Is your product optimized across each user touchpoint in order to invoke positive feedback from the users?
  4. Customer lifetime value (CLV) 💰
    → Is your product worth the financial viability of the business over the long term?

Product Manager @AngelOne, ex-@Flipkart, @Cleartrip. Interests: Product, Technology, Strategy, Startups, Fintech & E-commerce!