Funnel stages · Stage 5 of 8

Activation

User performs the core product action for the first time — creates a project (SaaS), watches first lesson (edtech), makes first transaction (fintech), invites first teammate (collaboration). Product-led-growth companies treat this as the most important metric; it predicts retention more reliably than any other stage.

Signup / Lead CaptureStage 5 · typical drop-off 35.00%Trial / Evaluation

Metrics that measure this stage

No specific metrics indexed for this stage yet — see the full list at Metrics.

The full funnel

  1. Awareness
  2. Traffic / Visitor
  3. Engagement
  4. Signup / Lead Capture
  5. Activation
  6. Trial / Evaluation
  7. Purchase / Paid Conversion
  8. Retention / Return