Funnels
Overview
Funnel Charts in Metrics Explorer provide a granular understanding of what portion of users are completing each step of a journey you define through your product or service. These charts are useful for understanding user behavior, identifying bottlenecks, and helping you develop insight-driven product changes that help users convert through your product more successfully.
Example Use Cases
- Conversion Analysis: Monitor the progression of users through stages like sign-up, adding to cart, and purchase completion.
- Identifying Drop-off Points: Pinpoint where users drop-off of a process, allowing targeting improvements at these points.
- Comparing User Segments: Observe how different user segments move through the funnel, highlighting variations in behavior based on demographics, user types, or other criteria.
- Product Optimization: Determine which features or steps effectively move users to the next stage, and which require improvements.
Defining a User Funnel
Step 1: Add Steps to your Funnel
To define a funnel, select a series of a events that represent different parts of a product flow that you are interested in understanding.
To do so:
- Go to Metrics Explorer under Analytics in the Navigation Bar, and switch over to the Funnel Charts view.
- Add steps to your funnel using the “+” icon. Optionally add filters to funnel steps to target specific event or user properties. For WHN, you would add steps directly from your Metric Source. For Statsig Cloud, you can leverage events or metrics for the steps.
Combining Multiple Events into one step
You can also combine multiple events into a single step. This is especially useful when there are more than 1 qualifying events that are indicative of a meaningful yet single portion of your funnel. Combined events are done so using OR logic. To do this:
- On the step in question click the “…” button and select “Combine Events”.
- Select the an additional event to add.
- Add any desired filters to each of the events in the funnel step.
Repeat these steps as needed. You can define a step as a combination of up to 5 events.
Filtering to the first time a user performed an event
It is sometimes useful to understand the first-time user experience, which may have a significant impact on things such as long term retention or may meaningfully differ from general flows through the product. To help analyze first-time experience, you can filter the events in a funnel to the first time ever a user (or other unit ID) performed an event. To do so:
- Click “…” next to the event in question.
- Select the “Filter to First Time