
Saved by Jordan Bester and
The One Growth Metric that Moves Acquisition, Monetization, and Virality
Saved by Jordan Bester and
The second measure to use in assessing whether or not you’ve achieved must-have status is your product’s retention rate, which is simply the number of people who continue to use your product over a given time.
Kate showed the company that the number of renewing customers was a far more important metric for success (and far cheaper) than the number of new customers acquired. Magazines.com also changed its home-page messaging in order to speak to existing customers, added more renewal offers, and improved customer support for paid users.