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Success metrics

Overview

PetFolio delivers value through two paths: consolidation (one place for everything) and sharing (getting it to whoever needs it). Both are valid independently - some users may never share, some may create a profile specifically to share. Metrics must capture both.

Value paths

Path 1: Consolidation (personal value)

The user creates a structured profile for their own reference. They return to it when they need to check medication dosage, feeding instructions, or behaviour notes. The value is having a single source of truth.

Path 2: Sharing (collaboration value)

The user shares their profile with a sitter, family member, vet, or other carer. The recipient uses it as a reference during care. The value extends beyond the creator.

MVP metrics

Adoption

Metric What it tells you
Sign-ups (total, by account type) Are people finding PetFolio and creating accounts?
Sign-ups from share invitations How many people discover PetFolio because someone shared a profile with them?
Sign-ups from referrals How many people sign up through the referral programme?
Onboarding completion rate Are people finishing the guided setup or dropping out?
First animal created Did they get past onboarding and start using it?

Engagement (consolidation path)

Metric What it tells you
Profile completeness (% of categories filled) Are the prompts working? Is the profile detailed enough to be useful?
Return visits by the owner Are they using it as a reference for themselves?
Time spent on profile (reading, not just editing) Are they referencing their own data?
Number of animals per account Are multi-pet owners using it for all their pets?
Profile updates over time Are they keeping profiles current, or is it a one-time creation?

Engagement (sharing path)

Metric What it tells you
Shares created (temporary and permanent) Are users extending the value to others?
Share-to-signup conversion rate What percentage of shares result in a new user?
Recipient views Did the share actually deliver?
Recipient return visits Is the profile genuinely useful as an ongoing reference?
Viral coefficient On average, how many new users does each existing user generate through sharing?

Retention

Metric What it tells you
Monthly active users Are people coming back?
Churn rate (accounts going inactive) Are people sticking around or abandoning the platform?
Time to first share How long after sign-up does the first share happen?
Profile age vs last update Are profiles kept current or going stale?

Revenue (once monetisation is live)

Metric What it tells you
Free to Premium conversion rate Is the value strong enough to pay for?
Household plan adoption Are users bringing their household onto the platform?
Professional tier distribution Which tiers are most popular? Which sub-categories?
Referral bonus redemption Are referrals driving conversions?
Monthly/annual billing split Are users committing long-term?
Revenue per user Is the pricing model sustainable?

Professional accounts

Metric What it tells you
Animals per organisation How actively are they using it?
Staff count per organisation Are teams adopting it?
Staff activity (views, edits) Are staff actually using it day-to-day?
External shares from organisations Are they sharing with adopters, clients, vets?
Free trial to subscription conversion Is the professional value proposition landing?

Key signals

The single most important metric is profile completeness leading to either a return visit or a share. This tells you that:

  1. The prompts worked (they filled it in)
  2. The content is useful (they or someone else came back to read it)
  3. The core value proposition is landing

If profiles are created but never revisited or shared, the product is not delivering on its promise.