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For its new website, Federated Hermes' immediate measure of success isn't traffic or conversion metrics. Instead, the team is focused on ensuring the project met its initial goals by addressing key stakeholder pain points. Quantitative KPIs will be evaluated later on a 3, 6, 9, and 12-month timeline.
When true financial ROI is months or years away, such as with a complex software implementation, create a series of non-financial 'mini ROI' milestones. These small, tangible achievements demonstrate progress, keep the customer engaged, and prevent buyer's remorse before the full value is realized.
Avoid the trap of trying to achieve everything with one launch. Instead, define a single primary KPI—such as press mentions, sales rep message adoption, or a specific user action—and build the entire campaign strategy around optimizing for that one goal.
Metrics like "Marketing Qualified Lead" are meaningless to the customer. Instead, define key performance indicators around the value a customer receives. A good KPI answers the question: "Have we delivered enough value to convince them to keep going to the next stage?"
To prove business impact beyond vanity metrics, define success by aligning with key departments *before* the campaign starts. Executives want pipeline, product wants trials, and customer success wants retention. This prevents a disconnect where marketing celebrates impressions while leadership asks about revenue.
For a new evangelism function, initial KPIs should be qualitative and focused on creation, such as establishing peer groups and launching community activations. Hard revenue metrics are unrealistic until a foundation is built over at least a year.
Shift your team's language from tracking output (e.g., 'deployed XYZ API') to tracking outcomes. Reframe milestones to focus on the business capability you have 'unlocked' for other teams. This small linguistic change reorients the team toward business impact and clarifies your contribution to metrics like NPS.
During a product launch, top-line revenue can be a lagging indicator. The most critical real-time metric is sessions. If site traffic is significantly below forecast, it is the earliest and most urgent sign of a problem, allowing for quicker intervention.
Don't jump directly to optimizing for high-level business outcomes like retention. Instead, sequence your North Star metric. First, focus the team on driving foundational user engagement. Only after establishing that behavior should you shift the primary metric to a direct business impact like revenue or retention.
Focus on what customers value (e.g., delivery speed, order accuracy) rather than internal business metrics like ARR or user growth. This approach naturally leads to a better product roadmap and a more defensible business by solving real user problems.
Beyond external KPIs, a great launch unites the entire company, boosting morale and engagement. Consider tracking employee sentiment as a secondary, intangible metric, as it makes everyone—even in non-customer-facing roles—feel invested in the company's success.