AMA: ServiceNow Director of Product Marketing, Don Fuss on Product Marketing KPI's
November 12 @ 11:00AM PST
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ServiceNow Director of Product Marketing • November 12
Churn is a critical measurement for my area of the business, which includes services: The best KPIs for churn: 1. Churn rate: direct measurement of churn 2. Customer Engagement Score: Higher engagement usually equates to higher loyalty 3. Net Promoter Score: measure of satisfaction indicates likeliness to churn 4. Customer Retention Rate: another direct measurement of churn
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ServiceNow Director of Product Marketing • November 12
Yes, we share some KPIs with growth and customer marketing, but you must clearly define the measurement and ownership of those metrics. One example is product adoption metrics which we share with product management to measure how our products are being used. Another example is content views and download metrics that we share with both the content and campaigns organizations.
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ServiceNow Director of Product Marketing • November 12
Outside of pipeline or revenue we leverage the following metrics: Product awareness: surveys, brand score, website traffic Product adoption: percentage of users of use the product after purchase Net Promoter Score: good indicator of customer satisfaction of the product Conversion rate: measure effectiveness of particular marketing campaigns
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ServiceNow Director of Product Marketing • November 12
While there are other key metrics to leverage I find the following the best options: Brand sentiment analysis: obtain feedback from social media or customer reviews CSAT score: measurement of customer expectations Customer churn: low churn equates to positioning that aligns to customer expectations Sales feedback: qualitative feedback of customer reactions to messaging
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