First Value Time Benchmark

Measure time-to-first-value distribution against a caller benchmark.

Description

Time to first value measures reaching a consistently defined useful milestone.

Time to first value measures reaching a consistently defined useful milestone.^[1]

Measure time-to-first-value distribution against a caller benchmark.

When to use First Value Time Benchmark

Use this tool to measure time-to-first-value distribution against a caller benchmark.

Prepare consistently defined customer counts, durations, costs or forecast assumptions. Keep aligned records and monetary amounts on a common period and currency basis.

How to use First Value Time Benchmark and understand its results

Prepare consistently defined customer counts, durations, costs or forecast assumptions. Keep aligned records and monetary amounts on a common period and currency basis.
Enter firstValueMinutes, maximumMinutes using the field table and calculation rules, then run the tool.
Read medianMinutes, withinTargetCount, withinTargetPercent. The explanation below defines the units, signs, ordering and any flags or placeholder values.
If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.

Input field	Meaning	Value type; see rules below	Requirement
firstValueMinutes	First value minutes	list of number	Required
maximumMinutes	Maximum minutes	number	Required

Enter nonempty nonnegative durations/benchmark; return median and count/percent at or below benchmark.

median=middle sorted time or mean of middle pair

Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.

Output field	Meaning	Value type
medianMinutes	Median minutes	number
withinTargetCount	Within target count	number
withinTargetPercent	Within target percent	number

json

{
  "input": {
    "firstValueMinutes": [
      5,
      15,
      10
    ],
    "maximumMinutes": 10
  },
  "output": {
    "medianMinutes": 10,
    "withinTargetCount": 2,
    "withinTargetPercent": 66.66666666666667
  }
}

Limitations and assumptions

No events or universal milestone target are supplied.

Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Lists are limited to 100,000 entries; the rules above may require smaller limits. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.

Alternative or Complementary methods

Use Activation Cohort Comparison: Compare activation rates between two consistently defined signup cohorts. For a complementary task, use Feature Adoption Matrix: Segment feature adoption by reach and usage depth using caller-defined cutoffs.

References

First Value Time Benchmark — tool.io

Similar or alternative tools

Activation Cohort Comparison
Compare activation rates between two consistently defined signup cohorts.
Feature Adoption Matrix
Segment feature adoption by reach and usage depth using caller-defined cutoffs.