What are the most important metrics to track for understanding the effectiveness of your monetization strategy?

[Shortie]

Tracking your metrics to better understand the monetization strategy you are using it important so that you can adjust your strategy as and when necessary.

What would you say are the most important metrics to track to help those monetizing their sites and services to ensure that their strategy is working and effective? What things should we avoid?

 

[Sara]

Revenue metrics are for understanding how each users generate on average.
Track the percentage of users that complete desired tasks, stay informed about competition.

Avoid too much costs related to new users.

 

[Ronald]

Traffic and engagement metrics are core to your business. This shows where what's working and what's not working that needs to be changed. If you have this information right, it will help you draw up a better monetization plan to help your business becomes more effective and profitable.