What are
KPIs & Metrics in Product
Management?
KPIs (Key Performance Indicators) are specific metrics we use to measure how successful a project or company is. They help track progress toward specific goals and objectives and provide data-driven support in decision-making and strategy.
KPIs are a subset of metrics helping companies in tracking progress toward specific goals and objectives and providing data-driven support in decision-making and strategy.
Metrics, on the other hand, encompass a broader range of quantitative measures used to track various aspects of performance. These can include the number of website visitors, the time spent on your site, the bounce rate, or (capitan obvious) the conversion rate.