KPIs, or Key Performance Indicators, are used to measure the success of your business and its revenue growth. They provide a key insight into how well you’re performing against your short-term and long-term goals—helping you make smarter decisions and increase profits.
Specific KPIs for Revenue Growth might include metrics such as Average Revenue Per User (ARPU), Customer Acquisition Cost (CAC), and Lifetime Value (LTV). Monitoring these indicators will help you understand whether your current strategies are working and how you can optimize them to maximize your profits. By taking an evidence-based approach to evaluating your business’s performance, you can stay on top of your revenue growth and ensure that you’re achieving the best possible outcomes.