The product development process has multiple layers and involves ideation, research, design & development, testing, validation, launch, marketing, and more. Let's read on to find the best product development practices to set your business up for success.
Businesses use customer acquisition funnel to attract new customers while actively nurturing existing ones. It provides a framework for understanding the customer journey, offers insights into customer behavior and preferences, helps identify improvement areas, and measures and improves ROI.
While growth through product marketing and customer onboarding is a viable strategy, pricing your SaaS product accordingly plays a critical role in the success of your business.
Cookieless tracking is going to transform the digital space to be more privacy-friendly, transparent, and personalized.
Google Analytics has been the analytics giant since 2005 and has gone through many versions, with Universal Analytics being the latest. Now Google Analytics is moving from Universal Analytics to GA4, but is it worth the shift or should you look for a better alternative altogether? Let's find out
Ready, set, go to launch a brand new SaaS product with our easy-to-follow stages for SaaS product launch.
Conversion analysis is one of the most effective ways for businesses to analyze where they stand in the market. Companies can see how their marketing, content, and outreach efforts are performing and how to optimize them if necessary.
A good product strategy framework is the key to developing, launching, and sustaining a successful product in the market. Learn how to do it in this article.
With predictive analysis, companies can extrapolate and predict market trends, improve their product, introduce new products, improve customer retention rates, and reduce churn.
By leveraging the power of data, companies can understand their customers, tweak their products, beat their competitors, and launch high-conversion marketing campaigns.
Analyze a business's historical data, economic conditions, and consumer behavior to predict a market's future by using forecasting techniques.
Usermaven is an easy-to-use and simple-to-setup alternative to Amplitude. With Usermaven, you can measure web and product analytics in the most effective way possible while
Usermaven is an easy-to-use, accurate, and privacy-friendly alternative to Google Analytics that will up your analytics game.
What is Heap? Heap is cloud-based data analytics and customer behavior tracking tool. It provides real-time analytics by tracking every user interaction with the web or app, highlighting the user’s digital journey while using the product. The analyzed data can be used by businesses to improve customer retention and optimize the user experience. Heap also supports integration with other tools as well to provide businesses with accurate analytics quickly and easily in an optimized way. Heap off
What is customer retention? Customer retention is any business's or product's ability to retain customers to do business with them again. It is crucial in any SaaS business since it is harder to make new customers than keep existing customers engaged. Customer retention metrics give detailed insight into how a product or company performs while retaining its older customers. It also keeps track of the customer journey which helps in growth and expansion strategies. Why is tracking retention KP
A product manager continuously strives to improve a product and deliver a competitive product experience. One way to achieve this goal is by understanding which features are most valuable to users and which ones may need improvement or removal. Feature adoption lets you handle these aspects of product growth and management. It allows product managers to measure the success of the new features to improve the overall product. With feature adoption analytics, you can encourage and enable users to u
The SaaS industry enjoyed tremendous growth over the past few years, and the SaaS market is becoming competitive, with more solutions emerging yearly. SaaS businesses must ensure their product's growth to stay ahead of the competition. And SaaS metrics are a great way to keep track of your business’s performance. This article will dive deeper into SaaS metrics and their importance, choosing the right metrics for your business and the ten most important metrics every SaaS should know. Related:
Churn can be a headache for SaaS businesses if not handled timely and effectively. It can negatively impact a business's profitability and sustainable growth. This guide discusses in depth the churn analysis and its importance. It explores what causes customers to churn, various churn types, and how to reduce them. Let's dive in. What Is Customer Churn Analysis? Customer churn analysis is analyzing and understanding why customers stop doing business with a company. It is a key metric for busi
A website without a visitor tracking tool is like a ship lost on the horizon. You need real-time visitor tracking tools for a big win in your business. For every website owner, it’s important to stay updated & informed about who is on your website and for how long. Let’s look at why you need web visitor tracking and which tools are the best in 2023. What is website visitor tracking, and how does it work? Website visitor tracking is collecting data on the actions and behavior of visitors on
Over the past few years, how people engage with technology has changed. Now users are more tech-savvy, want instant gratification & prefer personalization. The growth strategy for companies has also been evolving from sales to marketing to a product-led approach. What Is Product-Led Growth? Product-led growth is a business model and strategy that puts the product at the center of the stage to drive, acquire, activate, convert, satisfy, and retain customers for scalable growth. According to
This is the story of our SaaS startup, Usermaven - a privacy-friendly analytics tool for product and marketing teams, that was able to generate $120,260 in revenue in just 3 weeks of public launch without external investment, paid ads or Appsumo.
A fully optimized product manager can increase company profits by over 34%. Product managers use product metrics to drive product growth and implement a product roadmap. As a result, these metrics are the most prominent tool for product managers in decision-making. Product metrics are widely used for better results and performance tracking. They resolve challenges faced by the product teams. Product managers face challenges in choosing the best data analytics tool, the right metrics and bridgin
For ages, sailors and travelers used the north star for navigation. Surprisingly, it still helps businesses navigate the ever-changing tech space. Companies use the North star metric and other important KPIs to make sense of the various data discrepancies their enterprises produce. As the name suggests, the north star metric allows businesses to adjust and readjust their focus on the right thing. It has become inevitable for the tech world to become data-driven. Whether the data is related to
Funnel analysis is a widely used marketing technique to transform the passive audience into active promoters of your brand. Marketing and sales funnel performance are the second most tracked metric by leading marketers worldwide. Funnel analysis is the process of analyzing your user’s interaction with your product or website. Funnels are how brand reach their potential customers with a unique positioning. This article is a complete guide to understanding funnel analysis, why, and how to use fu
Hungarian Data Protection Authority ordered a weather forecast website to stop using Google Analytics. The prohibition resulted from the lack of safeguards for U.S. data transfers as required by Article 46 GDPR. According to a recentGDPRtoday release (a newsletter by noyb), the Hungarian DPA might soon go against the use of Google Analytics. Furthermore, the DPA of other countries, such as Austria, France, Italy, and Denmark, have already ruled against Google Analytics use. The information is
Organizations utilize data to understand their customers better. They use data to deliver an improved customer experience. However, when it comes to privacy analytics, consumers are greatly concerned about data collection and data privacy practices. A KPMG survey reports that 86% of the US population considers data privacy a growing concern. And more than half of the respondents showed concern about the level of data collection by companies. Companies must implement technologies and pract
Introduction Leveraging data is the most significant advantage for online businesses to survive and scale in the digital space. The adoption of business intelligence tools and analytics software has increased in the last decade. As a result, the market share for analytics solutions is expected to grow, reaching 18 billion by 2025. Businesses utilize data analytics to make informed decisions, improve the customer experience, mitigate risks, streamline processes, and augment security. Google A
As a business owner, you may have asked yourself, "Why is my conversion rate dropping?" No need to panic. There are a few potential reasons why this might be happening. In this blog post, we'll explore some of the most common causes why your conversion rate may be dropping and offer solutions to help get your conversions back on track. Why is My Conversion Rate Dropping? There are five main reasons why your conversion rates are not where you want them to be. 1. Lack of Interest in Your Pro
For SaaS products and online businesses, product analytics tools are a must for making data-backed decisions. In fact, the need for such a tool is only increasing in today's competitive world. By 2027 the global product analytics market is estimated to grow to $29.7 billion. Digital product owners are adopting this technology to learn the effectiveness (or lack thereof) of their features, campaigns, funnels, and more. The end result? Creating more customer-engaging products that are genuinely h
In the business world, you know that customer segmentation is key to success. But what are the right customer segmentation KPIs to track for your business? This blog post will show you how to choose the right KPIs to develop an effective marketing campaign. Segmenting Customers by Needs and Wants Are you looking to better understand your customers and establish a more targeted marketing campaign? If so, then segmentation is a technique you should consider. Dividing your client base into cu
KPIs for product marketing help measure progress and success. Here are 5 key performance indicators to track your progress.
Launch campaign, product adoption, market impact, and qualitative feedback are KPIs for product launch. Find out how these KPIs can guarantee your success.
If you want to learn about product marketing KPIs and how they can help improve your business, then this blog post is for you!
If you want to improve your business, understanding customer behavior is key. The right behavior data tracking software can help you do just that.
If you're looking to invest in software stocks, you need to know which ones are the best. Here's a guide to picking the right software stack investing for you.
If you're looking to improve your user onboarding process, then you need to track the right KPIs. Here are the essential user onboarding KPIs you need to track.
Google Analytics is a powerful tool that can help website owners track and improve their site's performance. What does the users metric measure in GA?
If you're trying to decide between build vs buy analytics for your business, this blog post will help you weigh the pros and cons of each option.
After you've launched your product or service, it's important to do a post launch analysis. Here's what to do to ensure your success.
For every marketer, the user acquisition funnel is important in reaching and converting your target audience. Learn how to optimize your campaigns in each phase
Looking to measure the success of your customer onboarding program? Here are 5 customer onboarding KPIs to track progress and identify areas for improvement.
What exactly is customer retention analysis and why should you care about it? Learn everything you need to know about customer retention analysis for business.
If you're looking for ways to improve your email marketing campaign, you're probably familiar with the "send metric" in terms of marketing metrics. What does the send metric help you analyze?
If you work with data, you know that discrepancy is inevitable. But what do you do when you find a discrepancy in data? This blog post will teach you the different types of discrepancies in data and what to do when you encounter one. What Causes a Discrepancy in Data? Discrepancies in data can arise during data validation for a variety of reasons. Sometimes, data sets may contain errors that were introduced during the data collection process. Other times, discrepancies can occur due to diffe
If you're a business owner, you know that growth is essential. But what's the best way to grow your business? Product-led growth vs sales-led growth? Let's take a look at the pros and cons of each.
If you're wondering what is a data stack or how it can help your business, then this blog post is for you. Learn all about data stacks and their benefits here.
If you're looking to improve your marketing efforts, understanding attribution models is key. Here are the 5 biggest challenges with attribution models.
An Overview of Product Management KPIs Being a product manager, you juggle many responsibilities and roles to achieve success for SaaS products. Like any other team, product management teams also set clear goals, guide strategies, allocate resources, and identify risks and issues with the help of SaaS product key metrics. The old method of decision-making by your instinct, guesses, and limited feedback might have worked in the past. But today competition is cutthroat. This era has laid the fou
What is user activation in a SaaS product? We'll discuss what user activation is and how you can go about improving it.
Without product analytics, it can be challenging to understand how users are interacting with your product and what changes you need to make to improve your product.
Welcome to the Usermaven release notes. Moving forward at the end of each month, we'll share what new features and improvements are done in Usermaven [https://usermaven.com]. 1) Attribution Insight: We have released a new report template under the Acquisition module named "Attribution". Put simply, marketing attribution is the quantitative analysis of determining which marketing tactics contribute to sign-ups, sales or conversions. This report will provide insights to know which marketing cha