how do you think about measuring business impact when your products aren't directly monetized?
7 Answers
Shopify Director of Product • 3y
Products must have some connection back to profitability, helping to either increase income or reduce costs. You otherwise wouldn't want to make an investment unless you'...
5394 Views
Twilio Staff Product Manager, SDKs and Libraries • 4y
I’ve worked with developer focused tooling for almost 7 years so I know exactly what you mean here. On almost every new feature or product our teams put into motion, we h...
1669 Views
Cisco VP Product Management, Cisco Wireless • 6mo
When monetization isn’t direct, you shift into “driver metrics” that link to business value: adoption rates, reliability, customer (whether internal or external) satisfac...
517 Views
Flexera Chief Product Officer | Formerly Rackspace, Dell • 3y
When working with products that are not monetized, it is actually more critical to measure business impact to show the value of your work. Why? Often products that are no...
461 Views
Matterport VP of Product • 2y
There may be a number of reasons why your product does not involve monetization. Whatever the reason maybe, it is still important to have a definition for ‘success’. For ...
512 Views
Pendo Chief Product Officer • 1y
This depends on where the product is in its lifecycle, but in general, product usage (growth of number of users, breadth of features used, and frequency of usage) are gre...
474 Views
Salesforce Senior Director of Product, Agentforce AI Platform • 6mo
When a product isn’t directly monetized, business impact should be measured through proxy metrics that tie user value to strategic or financial outcomes.Start by asking: ...
539 Views
Related Questions
How do you measure the performance of the product team, considering only product managers, group product managers and product head?What is an important KPI that you see product teams completely missing?How to make sure KPIs are not 'proxies' to what we want to achieve but directly measure it?How do you define the proper KPIs for your specific product and product team?What's your process for figuring out what metrics to hold product management accountable for?