Nir’s Note: In this guest post, Abhay Vardhan, discusses how to measure the strength of user habits with cohort analysis and retention rate. Abhay is a founder of Blippy.com and blogs at abhayv.com. Follow Abhay on Twitter @abhayvardhan.
A common mistake entrepreneurs make is to focus too much on user growth. Instead, it is often more important to ask: “Is the product creating a habit so users keep coming back?” and “How do we measure the strength of such a habit?”
You can read the Nir and Far blog post on: Are Companies Too Obsessed With Growth? How to Measure Habits https://www.nirandfar.com/2013/12/are-you-focusing-too-much-on-growth-how-to-measure-habits.html
Nir & Far, a podcast about business, behaviour and the brain by Nir Eyal. If you enjoy this podcast, please subscribe on iTunes and leave an iTunes review. It will greatly help new listeners discover the show. Please visit my website Nir and Far for other info about my writing, books and teaching: http://www.nirandfar.com/
Are Companies Too Obsessed With Growth-Nir&Far | Nir And Far: Business, Behaviour and the Brain podcast - Listen or read transcript on Metacast
