Annual Recurring Revenue (ARR) is a key metric used to measure the financial health of a business. It is calculated by multiplying the number of customers by the average customer contract value. ARR is a valuable metric because it shows the value of the recurring revenue a business expects to receive each year and indicates a company's growth trajectory. It is also helpful in making informed decisions about sales, marketing, and product development strategies. ARR is closely related to the concept of lifetime value, which measures the total value of a customer over the lifetime of their relationship with a company.
Learn how to prioritize feature requests with our step-by-step guide. Discover the best approach for efficiently assessing requests, deciding on priorities and managing stakeholders' expectations.
Gather product feedback quickly and easily! Learn how to get feedback from customers and use it to improve your product. Discover which methods are best for collecting customer feedback and how to use it to your advantage!
Planio is a cloud-based project management and collaboration tool for teams of all sizes. It provides powerful, yet easy-to-use tools to help teams plan, collaborate, track tasks and manage projects from start to finish. Get more organized and productive with Planio.
A Burndown Chart is an effective tool to visualize the progress of a project. It shows the total work that needs to be done, the amount of work left, and the rate of progress over time, making it an invaluable resource for project managers.
The Release Roadmap is a visual planning tool used in software development to plan and track the release of software products or updates, communicate progress, and manage priorities.
The Product Timeline is a visual planning tool used in software development to track and plan product development, identify potential bottlenecks, and ensure timely delivery.
The Product Initiative Roadmap is a visual planning tool used to manage and prioritize a set of related product initiatives, communicate progress, and manage priorities.
The Goals Roadmap is a visual planning tool used to set and achieve goals within a specific timeframe, track progress, and communicate with stakeholders.
The Portfolio Roadmap is a visual planning tool used to manage and prioritize a portfolio of projects or initiatives, communicate progress, and manage priorities.