In the PMHQ Slack community, we regularly get thought-provoking questions that we feel should be explored in-depth and documented for future reference. We’re starting a new set of Q&A posts called Highlights to dive into these kinds of questions, and enable everyone in the community to revisit the answers and contribute further!
“What do you think about creating blended metrics (a series of metrics, rolled-up into one)? How do you generally decide the weight to give to each particular metric in the blended metric?
For example, let’s say we want to improve “User Enjoyment” for a travel booking site. Imagine that we already have the following raw metrics: net promoter score (NPS), look-to-book (percentage of people who make a purchase out of all people who visited), repeat bookings, and referrals.