Adoption Rate refers to the percentage of new users who start using a product or feature over a specific period. It is a critical metric for understanding user engagement and growth in product management.
- Adoption rate helps product managers assess the success of a product or feature launch.
- It impacts decision-making by indicating user acceptance and potential areas for improvement.
- Understanding adoption rate is crucial for optimizing processes and team strategies.
- In product roadmaps to plan new features.
- During sprints or team discussions to make data-driven decisions.
- As part of AI workflows or analyses to tailor user experiences.
- Feature Adoption
- Customer Retention Rate
- Customer Onboarding Metrics
- How to Measure Product Adoption: 12 Metrics to Track
- 12 product adoption metrics to track for success
- What is Product Adoption & How Do You Measure It
Revo assists product managers in tracking and analyzing adoption rates through powerful tools and integrations, providing insights for effective decision-making and strategy development.