Product Metrics
Quantitative measures used to track and assess the performance and success of a product, such as usage rates, customer satisfaction, and revenue.
81 topics found for
“product evaluation”
Product Adoption Rate
The speed at which users start using a new product, typically measured as a percentage of the target market over a specific period.
Evaluative Research
Research conducted to assess the effectiveness, usability, and impact of a design or product.
UCD
User-Centered Design (UCD) is an iterative design approach that focuses on understanding users' needs, preferences, and limitations throughout the design process.
Viability Risk
The risk that the product will not be financially or strategically sustainable for the business, potentially leading to a lack of support or profitability.
Usability Risk
The risk that users will find the product difficult or confusing to use, preventing them from effectively utilizing its features.
Alpha Test
A preliminary testing phase conducted by internal staff to identify bugs before releasing the product to external testers or customers.
ICE Scoring Model
Impact, Confidence, and Ease of implementation (ICE) is a prioritization framework used in product management to evaluate features.
Retention
The ability of a product or service to keep users engaged and returning over time, often measured by metrics such as retention rate.