- How do you measure the value of a feature?
- What is the value of features?
- How do you measure adoption of a feature?
How do you measure the value of a feature?
You can measure feature success by multiplying user adoption with value. Finding value within the feature is about how the user interaction will benefit your customers. A measure of value could be profit, revenue, NPS (Net Promoter Score), or some other metric, especially a core business metric.
What is the value of features?
What Is “Feature/Value Preference” And Why Is It Important? At its core, a “Feature/Value Preference” is simply a determination made by a customer about which feature is most important to her/him. The idea also applies to value propositions (high-level benefits that prompt purchasing decisions) as well.
How do you measure adoption of a feature?
Feature adoption rate
The more value customers get from your features, the more likely they are to stick to your product. To measure the feature adoption rate, divide the number of monthly active users of the given feature by the total number of user logins during a specific, and multiply the ratio by 100.