Growth

Stop Guessing. Start Growing. Your SaaS Needs Analytics for Business (Seriously)

Most SaaS founders are building blind, relying on 'feelings' instead of data. This post cuts through the BS: learn why robust analytics for business is your ultimate superpower, especially when you're building in public. Stop guessing, start growing.

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Ilyes B.

5 min read
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Stop Guessing. Start Growing. Your SaaS Needs Analytics for Business (Seriously) - Growth
Stop Guessing. Start Growing. Your SaaS Needs Analytics for Business (Seriously)

Look, building a SaaS is hard. Building it in public? Even harder. You're out there, exposed, iterating daily. But are you actually making the right calls? Or are you just throwing darts in the dark, hoping something sticks?

Most of you are guessing. "I think users want this." "This feature feels right."

WRONG.

You're a founder, not a psychic. Your intuition is great for spotting opportunities, but it's a terrible product manager. What you need is cold, hard data. You need analytics for business.

And if you're building in public, ignoring your data is like showing up to a fight with one hand tied behind your back. Let's fix that.

Your "Feeling" Is Lying To You (And Costing You Money)

I see it all the time. Founders pour weeks into a feature because they "felt" it was important. They launch it to crickets. Or worse, it adds complexity nobody asked for.

Why? Because they skipped the most crucial step: understanding their users through data.

Think about it:

  • You launch a new onboarding flow. Are people completing it? Or are they bailing after step 2?
  • You release a shiny new "AI Magic Button." Is anyone clicking it? Is it actually solving a problem, or just a cool demo?
  • Your churn is ticking up. Is it a specific user segment? A broken feature? Or did you just piss off your best customers with a bad update?

analytics for business answers these questions. Without it, you're just driving blindfolded. And that's a quick way to crash your SaaS into a wall.

Ditch The Vanity. Focus On What PAYS.

Forget "total users" for a second. That's for LinkedIn humble-brags. You need to focus on metrics that actually matter for your bottom line.

Here's the real metrics you should be tracking:

  • Activation Rate: How many people actually do something valuable after signing up? Not just log in, but complete a key action.
  • Feature Adoption: Are your core features being used? Which ones get love, and which are ghost towns?
  • Retention Rate (The Holy Grail): Are users sticking around? If not, you have a leaky bucket, and pouring more users in is pointless.
  • Churn Rate: Why are users leaving? Can you spot patterns? Is there a critical breaking point?
  • Customer Lifetime Value (CLTV): How much is a customer worth to you over their entire journey? This fuels your marketing spend.
  • Conversion Funnels: Where are users dropping off? From landing page to sign-up to paid customer. Find the leaks, plug them.

These aren't just numbers. They're direct feedback from your users, telling you what's working and what's broken. This is the feedback loop that drives real growth.

Building in Public? Your Data is Your Story.

You're already sharing the journey, the wins, the struggles. Why hide the most powerful part of your story – how you make decisions?

When you openly use analytics for business to guide your product, you do a few critical things:

  1. Massive Credibility: You're not just saying "we're building a great product." You're showing how you're building it, based on real user behavior.
  2. Community Co-Pilots: Your audience becomes invested. "Hey John, your activation rate for X feature looks low. Maybe try Y?" They'll help you spot things.
  3. Faster Iteration: You share the problem (via data), get feedback, implement a fix, and show the new data. This speed is unmatched.
  4. No Bullshit: It's hard to argue with numbers. Data keeps everyone, including yourself, honest.

Imagine this: "Our latest feature saw only 10% adoption in the first week. We're pausing development on it and focusing on improving onboarding, which data shows is our biggest bottleneck right now. Thoughts?" That's powerful. That's transparent. That's how you win.

Your Analytics Starter Kit (Stop Procrastinating)

Don't overthink this. You don't need a data science team. Start simple, but start NOW.

  1. What Do You Need To Know? Seriously, write it down. "Are users completing onboarding?" "Which feature drives the most upgrades?" Your questions define your tracking.
  2. Pick Your Weapons:
    • Product Analytics: Mixpanel, Amplitude, or my favorite for indie hackers: PostHog. Open-source, self-hostable, powerful. No excuses.
    • Web Analytics: Google Analytics. Duh. Track where traffic comes from.
    • Email Marketing: ConvertKit, MailerLite. Track open rates, click-throughs.
    • Backend Logs: Keep an eye on errors, performance issues.
    • Or... Just Use Statflows. Statflows does all of it – product, web, email, user feedback and more – in one place. Save money, save sanity.
  3. Track Key Events, Not Everything: Don't just dump all data. Define specific "events" that matter: 'signed_up', 'project_created', 'feature_X_used', 'subscription_upgraded', 'subscription_cancelled'.
  4. Build Simple Dashboards: Use your chosen tool to create a quick overview of your 3-5 most critical metrics. Check them daily.
  5. Talk To Your Data: Regularly look at your dashboards. Ask "why?" Why did this metric go up? Why did it go down? Formulate hypotheses.
  6. Act On It: The whole point of analytics for business is to make better decisions. See a drop-off? Fix it. See a feature nobody uses? Kill it.

Your SaaS Won't Grow Itself.

The market doesn't care about your feelings. It cares about value. And the only way to consistently deliver value, especially in public, is to let your users' behavior guide your decisions.

Stop building features no one wants. Stop guessing what your users need. Start using analytics for business to build a product that your users can't live without.

Go get that data.


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