3 ms·
One of the things to take away is that it's often counter-productive to take one summary statistic like "mean" or "median" and try to just optimize that. The co
by raviparikh 13y ago
One of the things to take away is that it's often counter-productive to take one summary statistic like "mean" or "median" and try to just optimize that. The correct strategy is likely to be a bit more nuanced and depend on your specific situation.
For example, maybe you have a few different pricing tiers, and instead of optimizing for ARPU, you optimize for the number of people in a given tier that you can up-sell into a higher pricing tier. Now you're optimizing for something meaningful. Note that even if you did a good job in accomplishing this goal, your ARPU might actually go down, if you simultaneously saw a lot of growth in your lower pricing tiers from new signups.