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ProfitWell Growth Rate

Growth Rate is the percentage increase or decrease in revenue over a set time period, used to gauge the performance of a business and its ability to expand.

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Growth Rate 2.190,879

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About
Technical Details

Growth Rate is a metric that measures the percentage change in a company's revenue or user base over a specific period of time, typically on a month-over-month or year-over-year basis. It helps to understand the pace of growth of a company and its potential trajectory in the future. Growth Rate is one of the key indicators for startups and emerging companies where the goal is to achieve rapid growth to gain a significant market share.

Example: A SaaS business uses Growth Rate metric to analyze the monthly subscription growth to determine if they are acquiring customers at an increasing or decreasing rate.

Visualizations

Number

Used to show a simple Metric or to draw attention to one key number.

How to track Growth Rate in Databox?

Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.

To track Growth Rate using Databox, follow these steps:

1
Connect ProfitWell that contains the metric you want to track
2
Select the metric you want to track from the list of available metrics
3
Drag and drop the selected metric onto your dashboard
4
Watch your dashboard populate in seconds
5
Put Growth Rate on the Performance screen
6
Get Growth Rate performance daily with Scorecards or as a weekly digest
7
Set Goals to track and improve performance of Growth Rate

Goals

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