Remove Benchmarking Remove eCommerce Remove Retention
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Growth Benchmarks Are (Mostly) Useless

Brian Balfour

Most growth communities, forums, and email lists will inevitably have that thread that goes: “Hey, what are the benchmarks everyone’s seeing for X?” I constantly find people seeking out benchmarks or pointing to benchmarks, and we’ve all been there -- who doesn’t want some normalizing data to understand whether we’re on track or not?

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Required reading for marketplace startups: The 20 best essays

Andrew Chen

To lead off this list, my colleague @jeff_jordan has an awesome preso that covers everything from the marketplace “wheel” – network effects, and how they’re different than ecommerce products. How to think about frequency and retention? Amazing, thoughtful preso. Must watch. Now let’s get to the links.

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4 Ways Leaders Can Promote Inclusion In Teams

Vantage Circle

." Ideally, you'll have baseline pre-intervention data to track progress, but if not, use benchmark data from others in your industry. Retention and turnover. He likes sharing his knowledge in a wide range of domains ranging from IT, eCommerce, startups, social media to human capital management, and much more.

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The red flags and magic numbers that investors look for in your startup’s metrics – 80 slide deck included!

Andrew Chen

2) Then, to identify potential upside based learnings from within the company as well as across benchmarks from across industry. Ecommerce companies often use push to advertise sales- no wonder the CTRs are low. We can then use the cohort retention curves to build curves that translate to monthly actives or customers.

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