What metrics do you measure product marketing on at a team level (when there are multiple products and multiple product marketing teams)?
When managing a PMM team that covers multiple products or is matrixed, high-level or aggregate metrics are key. While more granular data may be needed to drive specific metrics, you need to measure the team at a higher level to measure overall team health. By looking at team-level metrics, leaders can get valuable insights into how their PMM team is doing.
Here are some examples:
Team NPS (by internal stakeholder groups)
Adoption of new features
Product usage (DAU or MAU)
Customer retention
Lead gen and/or conversion rates
Sales revenue and growth
Then measure at the team level and drill down to understand drivers. A mix of high-level and granular metrics gives you a complete view of the PMM team’s performance so you can see the impact of your strategies and initiatives across the business while also zooming in on areas that need attention and optimization. By using these metrics PMM teams can align to company goals, drive real outcomes and continuously add to the company’s success.