Make good metric :
1 choose ratio or a rate.
2 use it as much as possible to fix your behavior.
3 use both quantity and quality metrics to take care obvious change and less insight change.
4 use both vanity and actionable metrics to make yourself fell good and fix your behavior.
5 use both exploratory and reporting metrics to find unknown insights and keep you breast of normal operations.
6 use both leading and lagging metrics to learn from the past and predict the future.
7 use both correlated and causal metrics to understand how thins change if you make some difference on one aspect.
please notice:
1 it is not wise to use all of them when you try to change your behavior.
2 it just a benchmark for you to analysis whether your metric cover all the change your might made.
3 f you want to use metrics according to those rules,just use one of them that fit your metric.
Thank you for the tips! We will use them to build our metrics for measuring efficiancy of our marketing!
ReplyDeleteThanks! Great summary of the main steps for creating a metric.
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