How to collect feedback from your “early adopters”?
1- Receive the customer’s feedback: Collecting the customer’s views and opinions helps you to improve your product’s usability and user journey.
2- Understand the customer’s willingness to pay: If you observe that some users are choosing the payment option on your landing page, this means that some people are willing to pay for your product.
3- Test the monetization options: Discover what makes your product sustainable and profitable, as well as how much it would cost to do so.
What are the different methods used to measure success?
1- Word of Mouth
4- Better Client Appraisals based on feedback
5- Percentage of active users
6- Client Acquisition cost (CAC)
7- Number of paying users
8- Client Lifetime Value (CLV)
9- Churn Rate
Watch the video to look deeper into the different strategies to measure your MVP’s success.