Traction
Content
Definition
Traction demonstrates a startup`s progress and market acceptance through metrics such as user growth, revenue, and customer engagement, crucial for attracting further investment and partnerships.
Usage and Context
Traction shows a startup’s market progress through measures like user growth and revenue.
Frequently asked questions
- What are the metrics for traction? Traction metrics include user growth, revenue, customer loyalty, and engagement levels.
- How would you describe startup traction? Startup traction refers to the measurable progress and momentum a startup gains in user growth, revenue, and market presence.
- What is the traction of progress? Traction of progress means measurable signs of a startup`s growth, like gaining customers, making revenue, or penetrating the market.
Benefits
Traction shows market demand, helping to attract additional investment.
Conclusion
Traction shows market demand and helps attract additional investment opportunities.
