TTV — Time to value

The time between a customer signing up and getting something out of the product that genuinely matters to them. It is not setup time and it is not the first session: it is when the product has solved, for the first time, the problem they paid for.

What is time to value?

The time between a customer signing up and getting something out of the product that genuinely matters to them. It is not setup time and it is not the first session: it is when the product has solved, for the first time, the problem they paid for.

Also: TTV · time to first value

Configuring is not getting value

The most expensive confusion around this metric. Somebody creating their account, inviting their team and connecting an integration is progress, not value. Value arrives when that work gives something back: the first report used in a meeting, the first ticket that closes itself. Measuring the first gives good numbers and customers who do not renew.

Why it matters

What changes in a SaaS

It is the metric that best predicts first-year retention. A customer who takes weeks to reach their first result has plenty of time to regret it, and every day that passes without getting anything is a day somebody on their team asks whether this was worth it.

Una sala de reuniones vacía con la mesa y las sillas dispuestas

Time to value in detail

  • Defining what the moment is

    Before measuring, decide what counts as first value in your product, and write it down. Without that definition everybody measures something different: sales looks at the signature, product looks at the first login, and support looks at when people stop writing in.

  • Where the time goes

    Almost never in the product. It goes on waiting for customer data, waiting for somebody on their team to have a gap, and on the back-and-forth resolving questions that are documented but cannot be found. All three belong to support and documentation, not engineering.

  • How to shorten it

    By reducing what has to be decided before starting. A sensible default that can be changed later is worth more than a six-step wizard that forces people to choose correctly from the outset.

Questions about time to value

What is a good time to value?

It depends so heavily on the product that comparing across companies says nothing. What is useful is measuring your own, splitting it into stages and seeing which one people get stuck at: that is where the work is.

Can it be measured without instrumenting the product?

Yes, by hand and on a sample. Take the last twenty customers, look at the date they signed and the date they first performed the action you defined as value. Twenty cases is enough to see the pattern.

Related terms

A term on its own is only half understood. These come up in the same conversation.

Try it without dropping what you use