market traction

How to Measure Market Traction?

There are several ways to measure market traction, and the appropriate metrics often depend on the nature of the business. Some common metrics include:
- Revenue Growth: An increase in sales or revenue over time.
- Customer Acquisition: The number of new customers or users.
- User Engagement: Metrics such as active users, time spent on the platform, or repeat usage.
- Market Share: The company's share of the total market compared to competitors.
- Partnerships and Collaborations: Agreements or deals with other businesses that can help scale operations.

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