Analytics

A comprehensive showcase of modern analytics frameworks and methodologies. From GTM strategy to growth loops, I've compiled battle-tested approaches that drive real business outcomes, with SQL queries and implementation details.

This collection compiles best practices from leading companies, with examples and metrics drawn from public sources to illustrate proven analytics strategies.

Note: Metrics and valuations are based on publicly available data at time of reporting. Currency of data varies by source - see individual dates where specified.

πŸš€ How Slack Went from 0 to $27.7B with Bottom-Up GTM

15,000

Users Within Two Weeks

8,000 sign-ups day 1, 15,000 after 2 weeks of preview launch

30%

Free-to-Paid Conversion

Teams convert to paid (industry avg: 2-5%)

$100M ARR

In ~2.5 Years

One of the fastest at the time (2017)

"We focused on team adoption, not individual users. Once 3+ people used Slack, retention was 93%" - Stewart Butterfield

Sources: Salesforce acquisition (2021), acquired.fm, medium.com

The $10M Question: Where Should You Focus?

Most companies guess wrong:

  • β€’ Chase enterprise deals that never close
  • β€’ Build features for loud minorities
  • β€’ Burn cash on the wrong channels
  • β€’ Price too low for valuable segments

Data-driven GTM reveals:

  • β€’ Your actual best customers (not who you think)
  • β€’ The features that drive conversions
  • β€’ Channels with positive unit economics
  • β€’ Pricing that captures value

1. Find Your $100M Opportunity: Market Segmentation

Stop wasting resources on bad-fit customers. Use data to identify and size your most profitable segments in weeks, not months.

🎯 From Theory to Revenue: Actionable Market Sizing

πŸ’‘ Real Example: Market Focus

Successful SaaS companies often find their sweet spot in specific team sizes and methodologies. Focusing on the right segment can enable efficient growth with minimal sales overhead.

🌍 Start Big: TAM

Total opportunity if you owned the market

$600M opportunity

500K businesses Γ— $1,200 ACV

(Fictional example)

🎯 Get Real: SAM

Who you can actually reach and serve

$120M addressable

US/UK markets, Tech sector only

(Fictional example)

πŸ’° Be Honest: SOM

Your realistic 3-year target

$12M target

10% market share = 1,000 customers

(Fictional example)

πŸ’Ž Your Money-Making Machine: ICP Discovery

⚑ Real ICP Discovery: Superhuman

Rahul Vohra discovered their ideal customer: "Nicole is a hard-working professional who deals with many people... She spends much of her work day in her inbox, reading 100-200 emails and sending 15-40 on a typical day. She prides herself on being responsive." This focus took them from 22% to 58% product-market fit.

Stop guessing. Find your most profitable customers in your data:

πŸ—ΊοΈ Customer Journey Mapping

πŸ‘οΈ

Awareness

Blog, Ads

β†’
πŸ€”

Consideration

Demo, Trial

β†’
πŸ’³

Purchase

Convert

β†’
πŸ”„

Retention

Expand

β†’
❀️

Advocacy

Refer

Metrics:Traffic β†’ Trials β†’ Customers β†’ NPS β†’ Referrals
Content:SEO β†’ Demos β†’ Onboarding β†’ Success β†’ Case Studies

2. Choose Your Weapon: PLG vs SLG (Or Both)

⚠️ Why Some Companies Choose PLG Over Enterprise Sales

Companies with strong self-serve adoption often find that organic upgrades drive significant revenue. This enables growth with minimal sales overhead by focusing on product improvements.

πŸš€ Product-Led Growth (PLG)

When to Use:

  • β€’ Low price point (<$100/month)
  • β€’ Self-serve onboarding possible
  • β€’ Individual users can adopt
  • β€’ Value realized quickly

Key Metrics:

  • β€’ Time to Value (TTV)
  • β€’ Activation Rate
  • β€’ Product Qualified Leads (PQLs)
  • β€’ Viral Coefficient
  • β€’ Net Revenue Retention

Examples:

Slack, Dropbox, Figma, Calendly

πŸ’Ό Sales-Led Growth (SLG)

When to Use:

  • β€’ High price point (>$10K ACV)
  • β€’ Complex implementation
  • β€’ Requires team adoption
  • β€’ Long sales cycles (60+ days)

Key Metrics:

  • β€’ Sales Qualified Leads (SQLs)
  • β€’ Average Contract Value
  • β€’ Sales Cycle Length
  • β€’ Win Rate
  • β€’ CAC Payback Period

Examples:

Salesforce, Workday, Palantir, Oracle

πŸ”„ Hybrid Approach

Many successful companies use a hybrid model, starting with PLG for initial adoption and adding sales for enterprise expansion.

PLG β†’ SLG Journey:
1Free users sign up (PLG)
2Hit usage limits or need advanced features
3Sales team engages for enterprise deal (SLG)

3. Win More Deals: Data-Driven Competitive Strategy

πŸ“ˆ How Gong.io Beat Established Competitors

Gong entered a crowded market (Chorus.ai launched earlier). They analyzed 30,000 sales calls and found competitors focused on call recording. Gong positioned on "revenue intelligence" (company claim).

🎯 Competitive Analysis Framework

πŸ“ Jobs-to-be-Done Positioning: Intercom Case Study

Intercom used JTBD framework to identify three core jobs customers hire them for, informing their entire go-to-market strategy:

πŸ“ž Lead Generation

Capture and qualify website visitors

πŸ‘₯ Customer Support

Answer questions and resolve issues

πŸ’‘ Customer Engagement

Onboard and educate users

How this positioning differs from competitors:

vs Zendesk: More sales/marketing features, less pure support focus
vs Drift: Includes product tours & onboarding, not just sales
Result: Clear differentiation led to focused product development

4. The One Metric That Matters: Finding Your North Star

πŸ’‘ How Amplitude Found Their North Star

Amplitude tried tracking signups, DAU, then queries run. Finally discovered: "Weekly Querying Users" (WQUs) as their North Star Metric. Teams with 10+ WQUs showed significantly higher retention. This focus led to strong growth.

North Star Framework

⭐
Reflects Value

Measures actual value delivered to customers, not vanity metrics

πŸ“ˆ
Leads Revenue

Strong correlation with future revenue growth

🎯
Actionable

Teams can directly influence through their work

πŸ“Š Common North Star Metrics by Product Type:

B2B SaaS

  • β€’ Slack: Daily Active Users sending messages
  • β€’ Zoom: Weekly Hosted Meetings
  • β€’ Hubspot: Weekly Active Teams

Consumer

  • β€’ Spotify: Time spent listening
  • β€’ Airbnb: Nights booked
  • β€’ Uber: Completed rides

5. Proven Playbooks: How Unicorns Actually Did It

πŸ¦„ The Land & Expand Pattern

Studying Datadog, Snowflake, and MongoDB reveals the same pattern: Start with developers, prove value with small teams, then expand to enterprise. Each grew 100%+ yearly by following this playbook.

πŸ’¬

Slack: PLG Perfection

North Star Metric:

Daily Active Users sending messages

Key Insight:

Teams that sent 2,000+ messages had 93% retention

GTM Strategy:

  • β€’ Bottom-up adoption (individuals β†’ teams)
  • β€’ Freemium with 10K message limit
  • β€’ Network effects within organizations

Result: $0 to $1B ARR in 5 years, 100K+ paying teams

πŸ“Ή

Zoom: Hybrid GTM Success

North Star Metric:

Weekly Hosted Meetings

Key Insight:

Free users who hosted 3+ meetings converted 80% of the time

GTM Strategy:

  • β€’ PLG for individuals (free 40-min meetings)
  • β€’ SLG for enterprise (dedicated sales)
  • β€’ Focus on product quality ("It just works")

Result: IPO at ~$16B valuation (Apr 2019), 300M+ meeting participants (Apr 2020)

6. Deep Dive: GTM Strategies by the Numbers

πŸ“Š Notion: The Perfect Freemium Balance

The Strategy:
  • β€’ Free tier: Unlimited blocks for personal use
  • β€’ Paid trigger: Collaboration (share with others)
  • β€’ Expansion: Team workspaces at $8-15/user
  • β€’ Viral loop: Public pages & templates
The Results:
  • β€’ 2019: 1M users, ~$800M valuation
  • β€’ 2021: 20M users, $10B valuation (Oct 2021)
  • β€’ Conversion: ~6% free to paid
  • β€’ NRR: >100% (expansion within teams)

Key Insight: They found that users who created 10+ pages in week 1 had 80% 6-month retention. Everything focused on getting users to that milestone quickly.

πŸš€ Canva: Democratizing Design Through Data

The Strategy:
  • β€’ Entry point: Templates, not blank canvas
  • β€’ Target: Non-designers (teachers, SMBs)
  • β€’ Monetization: Premium templates & brand kits
  • β€’ Growth hack: SEO on "free [design type] maker"
The Numbers:
  • β€’ 2013: Launch with 750K users year 1
  • β€’ 2022: 100M MAU (Jan 2022)
  • β€’ 2023: >$1.4B annualized revenue (Mar 2023)
  • β€’ 2024: 220M MAU, >$3B ARR
  • β€’ Key metric: Designs created per user

Data Learning: Users who completed 1 design had 4x higher retention than those who just browsed. They redesigned onboarding to ensure everyone finished their first design.

πŸ’° Stripe: Developer-First GTM Excellence

The Approach:
  • β€’ Hero feature: 7 lines of code to accept payments
  • β€’ Documentation: Best-in-class API docs
  • β€’ Pricing: Simple 2.9% + 30Β’ (no monthly fees)
  • β€’ Growth: Bottom-up from developers to CFOs
The Metrics:
  • β€’ 2010: Launch with YC startups
  • β€’ 2020: $7.4B gross revenue
  • β€’ 2024: ~$5.1B net revenue
  • β€’ Penetration: High YC adoption (internal estimate)
  • β€’ Expansion: Strong customer growth yearly

GTM Secret: While competitors focused on enterprise sales, Stripe bet on startups. Many of those startups became unicorns, taking Stripe with them as they scaled.

7. GTM Strategy Decision Framework

🎯 GTM Strategy Assessment

Key factors to consider when determining your go-to-market approach:

1. What's your average contract value?

πŸ’³ Under $1K/year

β†’ Pure PLG (self-serve)

πŸ’° $1K - $25K/year

β†’ PLG with sales assist

🏒 Over $25K/year

β†’ Sales-led with PLG elements

2. How complex is your product?

🎯 Simple

10-min setup β†’ PLG

⚑ Moderate

1-day setup β†’ Hybrid

πŸ”§ Complex

Weeks to implement β†’ SLG

3. Who makes the buying decision?

πŸ‘€ Individual users

β†’ PLG with viral loops

πŸ‘₯ Team leads

β†’ Bottom-up expansion

πŸ‘” C-suite/Procurement

β†’ Enterprise sales

Strategic Recommendation:

Analysis shows successful companies often begin with one GTM motion and expand. Examples: Slack initiated PLG, added enterprise sales at $10M ARR. Datadog targeted developers first (PLG), then expanded to executive buyers (SLG). Initial strategy should align with the most efficient path to $1M ARR.

πŸ“Š Key GTM Strategy Principles

Common Pitfalls:

  • β€’ Copying strategies without context
  • β€’ Frequent strategic pivots
  • β€’ Focus on vanity metrics
  • β€’ Inefficient channel allocation
  • β€’ Lack of hypothesis testing

Evidence-Based Approach:

  • β€’ Data-driven hypothesis testing
  • β€’ Resource concentration on proven channels
  • β€’ Leading indicator tracking
  • β€’ CAC:LTV optimization
  • β€’ Predictable scaling models

Building a Data-Driven GTM Framework

Focus on ICP identification, strategic positioning, and efficient scaling based on metrics.

Analytics Toolkit

Analytics Platforms

Amplitude, Mixpanel, PostHog, Heap, Pendo

Experimentation

Optimizely, LaunchDarkly, Split.io, Statsig, GrowthBook

Customer Data

Segment, Rudderstack, mParticle, Hightouch

Analysis

SQL, Python, R, Jupyter, Mode, Hex

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