Recurring Revenue
Upsell MRR
Metric Name
Upsell Monthly Recurring Revenue
Metric Family
Recurring Revenue
Metric Definition
Increasing revenue from existing customers by encouraging them to purchase more expensive additions
Formula
Upsell MRR = Increases in revenue from upgrades from current customers
Application
Companies can measure the impact your upselling strategies and make data-driven decisions to optimize revenue growth from a companies existing customer base