market traction

How is Market Traction Measured?

Market traction can be measured through various metrics, depending on the nature of the business. Common metrics include:
1. Revenue Growth: A steady increase in revenue is a clear indicator of market traction.
2. Customer Acquisition: The rate at which new customers are being acquired.
3. Customer Retention: The ability to retain existing customers over time.
4. Market Penetration: The extent to which a product or service has infiltrated its target market.
5. User Engagement: Levels of user interaction and satisfaction.

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