Consumer Startup Metrics
User growth stands out as the most critical metric for consumer startups.
It's a clear indicator of market acceptance and the potential for future monetization.
A growth rate of 15% month-over-month can lead to quintupling your user base annually, setting a solid foundation for success.
However, startups may not achieve breakout success at a rate below 5% per month.
Organic growth is when growth is achieved without reliance on direct marketing expenses.
This growth often stems from two critical strategies → virality and network effects.
But what are virality and network effects?
Virality is when a product's usage naturally encourages users to spread the word, bringing in new users.
A network effect, however, states that a product gains value as more people use it.
Besides the challenge, startups must know how to integrate virality and network effects into their products/services.
And accelerate a startup's journey to success.
Thanks to Y Combinator's invaluable guidance.
Here is the link → https://www.youtube.com/watch?v=fdD4y4Civp4