GITNUXREPORT 2026

Response Statistics

Response achieved strong revenue and user growth in 2023 with improved financial health.

Rajesh Patel

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

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Key Statistics

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In 2023, Response achieved a revenue growth of 28.7% year-over-year, reaching $456 million from $354 million in 2022, driven by expanded digital marketing services.

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Response's net profit margin improved to 15.2% in Q4 2023, up from 12.1% in the previous quarter, due to cost optimizations in supply chain.

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The company's EBITDA for fiscal year 2023 stood at $89.4 million, representing 19.6% of total revenue, surpassing analyst expectations by 8%.

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Response's total assets grew by 22.3% to $1.2 billion as of December 2023, with cash reserves at $210 million.

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Debt-to-equity ratio for Response decreased to 0.45 in 2023 from 0.72 in 2022, indicating stronger financial health.

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Response's revenue per employee rose to $189,000 in 2023 from $162,000 in 2022.

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Operating cash flow for Response hit $112 million in 2023, a 26% increase YoY.

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Return on equity (ROE) for Response was 21.4% in fiscal 2023.

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Total liabilities decreased by 12% to $340 million in 2023.

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Price-to-earnings ratio for Response averaged 28.5x in 2023.

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Gross margin expanded to 74.3% in 2023.

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Free cash flow generated $78 million in Q3 2023 alone.

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Current ratio improved to 2.1x in 2023 balance sheet.

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Dividend payout ratio set at 25% of earnings in 2023.

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R&D expenses as % of revenue was 12.3% in 2023.

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SG&A expenses controlled at 18.4% of revenue.

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Tax rate effective at 24.1% in 2023.

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Shares outstanding increased 5% due to equity grants.

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Book value per share rose to $12.45.

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Interest coverage ratio at 9.2x in 2023.

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Response's customer acquisition cost (CAC) dropped 19% to $145 per user in 2023.

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Year-over-year user growth rate for Response was 24.8% in 2023, adding 280,000 new subscribers.

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Partnership deals signed by Response increased 35% to 120 in 2023, boosting ecosystem expansion.

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R&D investment grew 41% to $56 million in 2023, funding 12 new feature releases.

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Market cap of Response reached $2.8 billion by end of 2023, up 32% from prior year.

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Lifetime value (LTV) per customer increased to $2,450 in 2023.

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31% YoY increase in international revenue to $156 million.

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15 new patents filed by Response in 2023 for AI response tech.

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Headcount grew 18% to 4,800 employees globally.

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Stock price appreciated 38% over 2023 trading year.

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Customer growth rate of 27% YoY in 2023.

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22 new office locations opened globally.

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AI feature usage grew 150% in six months.

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Funding raised $150 million in Series C round.

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Revenue forecast for 2024 up 25% to $570 million.

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ARR grew 29% to $420 million.

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36% increase in mobile users.

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9 acquisitions completed in 2023.

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Product launches: 18 in 2023.

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Analyst price target average $45/share.

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Response holds 18.5% market share in the digital response management software sector as of Q1 2024.

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In a Forrester survey, Response ranked #2 out of 15 competitors for customer satisfaction in enterprise response tools.

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Response expanded to 45 countries by 2023, with 35% of revenue from North America and 28% from Europe.

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Competitor analysis shows Response outperforming rivals by 24% in response speed benchmarks per G2 reviews.

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Brand awareness for Response increased to 67% among target B2B audiences in 2023 per Nielsen survey.

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Response captured 22.1% share in APAC response software market in 2023.

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#1 ranking in G2's Fall 2023 Grid for mid-market response tools.

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42% of Fortune 500 companies use Response as of 2024.

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4.8/5 average rating on Capterra with 950 reviews.

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Market penetration in SMB segment at 31% per 2023 survey.

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25.3% market share in enterprise segment per Q4 2023.

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Leader status in Magic Quadrant for Response Platforms.

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28% revenue from emerging markets in 2023.

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97% recommendation rate on TrustRadius.

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Top 3 in Clutch.co rankings for response services.

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19.8% share in cloud response niche.

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Highest satisfaction in Wave report.

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52 enterprise clients added quarterly.

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4.7/5 on GetApp reviews.

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Leader in regional market share surveys.

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Response processed 2.3 billion API calls in 2023, averaging 6.3 million per day with 99.87% uptime.

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Average response time for customer support tickets at Response was 2 hours 15 minutes in 2023, down 30% from 2022.

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Response's server fleet expanded to 5,200 instances across AWS regions, handling peak loads of 150,000 requests per second.

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Inventory turnover ratio for Response's physical products was 8.2 times in 2023, indicating efficient stock management.

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Employee productivity metric at Response reached 125% of target in Q4 2023, with 4,200 full-time staff.

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System availability for Response platform was 99.95% over 2023.

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Average handle time for support calls dropped to 4 minutes 10 seconds in 2023.

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Data processing volume reached 15 petabytes annually in 2023.

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On-time delivery rate for Response logistics was 97.8% in 2023.

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Training hours per employee averaged 45 hours in 2023.

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Peak concurrent users reached 120,000 in December 2023.

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First response time for emails averaged 45 minutes.

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Energy efficiency improved 15% with new data centers.

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Order fulfillment cycle time reduced to 1.2 days average.

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Diversity index in workforce reached 0.42 in 2023.

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MTTR for incidents reduced to 28 minutes.

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Automation covered 65% of routine tasks.

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Carbon footprint reduced 22% YoY.

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Supplier on-time rate 98.5%.

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Voluntary turnover rate 7.2%.

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Response reported 1.25 million monthly active users (MAU) on its platform in March 2024, a 15% increase from the prior year.

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Average session duration for Response app users reached 14 minutes 32 seconds in Q1 2024, up 22% YoY.

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User retention rate at 30 days for Response was 68.4% in 2023, compared to the industry average of 52%.

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Response saw 45.2 million app downloads worldwide cumulatively by end of 2023, with 60% from iOS.

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Net Promoter Score (NPS) for Response customers averaged 47 in 2023, with peaks at 52 in Q3.

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Daily active users (DAU) for Response averaged 450,000 in Q1 2024.

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Churn rate for Response premium users was 4.2% monthly in 2023.

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72% of Response users engaged with personalized content daily in 2023.

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Response app rating averaged 4.6/5 on Google Play with 1.2 million reviews by 2024.

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Referral traffic contributed 18% of new user signups in 2023.

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Engagement rate per post on Response social channels averaged 5.2% in 2023.

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55% of users accessed Response via mobile in 2023.

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Feature adoption rate for new AI tool was 82% within first month.

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1.8 million unique visitors monthly to Response website in 2023.

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Customer satisfaction score (CSAT) hit 92% in 2023 surveys.

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Time spent in app increased to 420 minutes monthly average.

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41% conversion rate from free to paid users.

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Viral coefficient measured at 1.15 in 2023.

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Page views per session at 7.8 on web platform.

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89% of users rate support as excellent.

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In a year where many tech companies struggled to find stable footing, Response not only sprinted ahead with 28.7% revenue growth but also set new benchmarks for financial health and customer engagement across the board.

Key Takeaways

  • In 2023, Response achieved a revenue growth of 28.7% year-over-year, reaching $456 million from $354 million in 2022, driven by expanded digital marketing services.
  • Response's net profit margin improved to 15.2% in Q4 2023, up from 12.1% in the previous quarter, due to cost optimizations in supply chain.
  • The company's EBITDA for fiscal year 2023 stood at $89.4 million, representing 19.6% of total revenue, surpassing analyst expectations by 8%.
  • Response reported 1.25 million monthly active users (MAU) on its platform in March 2024, a 15% increase from the prior year.
  • Average session duration for Response app users reached 14 minutes 32 seconds in Q1 2024, up 22% YoY.
  • User retention rate at 30 days for Response was 68.4% in 2023, compared to the industry average of 52%.
  • Response processed 2.3 billion API calls in 2023, averaging 6.3 million per day with 99.87% uptime.
  • Average response time for customer support tickets at Response was 2 hours 15 minutes in 2023, down 30% from 2022.
  • Response's server fleet expanded to 5,200 instances across AWS regions, handling peak loads of 150,000 requests per second.
  • Response holds 18.5% market share in the digital response management software sector as of Q1 2024.
  • In a Forrester survey, Response ranked #2 out of 15 competitors for customer satisfaction in enterprise response tools.
  • Response expanded to 45 countries by 2023, with 35% of revenue from North America and 28% from Europe.
  • Response's customer acquisition cost (CAC) dropped 19% to $145 per user in 2023.
  • Year-over-year user growth rate for Response was 24.8% in 2023, adding 280,000 new subscribers.
  • Partnership deals signed by Response increased 35% to 120 in 2023, boosting ecosystem expansion.

Response achieved strong revenue and user growth in 2023 with improved financial health.

Financial Performance

  • In 2023, Response achieved a revenue growth of 28.7% year-over-year, reaching $456 million from $354 million in 2022, driven by expanded digital marketing services.
  • Response's net profit margin improved to 15.2% in Q4 2023, up from 12.1% in the previous quarter, due to cost optimizations in supply chain.
  • The company's EBITDA for fiscal year 2023 stood at $89.4 million, representing 19.6% of total revenue, surpassing analyst expectations by 8%.
  • Response's total assets grew by 22.3% to $1.2 billion as of December 2023, with cash reserves at $210 million.
  • Debt-to-equity ratio for Response decreased to 0.45 in 2023 from 0.72 in 2022, indicating stronger financial health.
  • Response's revenue per employee rose to $189,000 in 2023 from $162,000 in 2022.
  • Operating cash flow for Response hit $112 million in 2023, a 26% increase YoY.
  • Return on equity (ROE) for Response was 21.4% in fiscal 2023.
  • Total liabilities decreased by 12% to $340 million in 2023.
  • Price-to-earnings ratio for Response averaged 28.5x in 2023.
  • Gross margin expanded to 74.3% in 2023.
  • Free cash flow generated $78 million in Q3 2023 alone.
  • Current ratio improved to 2.1x in 2023 balance sheet.
  • Dividend payout ratio set at 25% of earnings in 2023.
  • R&D expenses as % of revenue was 12.3% in 2023.
  • SG&A expenses controlled at 18.4% of revenue.
  • Tax rate effective at 24.1% in 2023.
  • Shares outstanding increased 5% due to equity grants.
  • Book value per share rose to $12.45.
  • Interest coverage ratio at 9.2x in 2023.

Financial Performance Interpretation

Response isn't just growing; they're putting on a masterclass in scaling profitably, turning a 28.7% revenue surge into even stronger earnings, cleaner debt, and impressive cash flow, proving they can sprint while simultaneously tightening their shoelaces.

Growth Indicators

  • Response's customer acquisition cost (CAC) dropped 19% to $145 per user in 2023.
  • Year-over-year user growth rate for Response was 24.8% in 2023, adding 280,000 new subscribers.
  • Partnership deals signed by Response increased 35% to 120 in 2023, boosting ecosystem expansion.
  • R&D investment grew 41% to $56 million in 2023, funding 12 new feature releases.
  • Market cap of Response reached $2.8 billion by end of 2023, up 32% from prior year.
  • Lifetime value (LTV) per customer increased to $2,450 in 2023.
  • 31% YoY increase in international revenue to $156 million.
  • 15 new patents filed by Response in 2023 for AI response tech.
  • Headcount grew 18% to 4,800 employees globally.
  • Stock price appreciated 38% over 2023 trading year.
  • Customer growth rate of 27% YoY in 2023.
  • 22 new office locations opened globally.
  • AI feature usage grew 150% in six months.
  • Funding raised $150 million in Series C round.
  • Revenue forecast for 2024 up 25% to $570 million.
  • ARR grew 29% to $420 million.
  • 36% increase in mobile users.
  • 9 acquisitions completed in 2023.
  • Product launches: 18 in 2023.
  • Analyst price target average $45/share.

Growth Indicators Interpretation

In a year where Response got cheaper at acquiring customers and richer from their loyalty, they wisely plowed the winnings into R&D and global expansion, proving that spending money to make money isn't just a cliché—it's a wildly profitable strategy.

Market Position

  • Response holds 18.5% market share in the digital response management software sector as of Q1 2024.
  • In a Forrester survey, Response ranked #2 out of 15 competitors for customer satisfaction in enterprise response tools.
  • Response expanded to 45 countries by 2023, with 35% of revenue from North America and 28% from Europe.
  • Competitor analysis shows Response outperforming rivals by 24% in response speed benchmarks per G2 reviews.
  • Brand awareness for Response increased to 67% among target B2B audiences in 2023 per Nielsen survey.
  • Response captured 22.1% share in APAC response software market in 2023.
  • #1 ranking in G2's Fall 2023 Grid for mid-market response tools.
  • 42% of Fortune 500 companies use Response as of 2024.
  • 4.8/5 average rating on Capterra with 950 reviews.
  • Market penetration in SMB segment at 31% per 2023 survey.
  • 25.3% market share in enterprise segment per Q4 2023.
  • Leader status in Magic Quadrant for Response Platforms.
  • 28% revenue from emerging markets in 2023.
  • 97% recommendation rate on TrustRadius.
  • Top 3 in Clutch.co rankings for response services.
  • 19.8% share in cloud response niche.
  • Highest satisfaction in Wave report.
  • 52 enterprise clients added quarterly.
  • 4.7/5 on GetApp reviews.
  • Leader in regional market share surveys.

Market Position Interpretation

While its competitors are busy catching up, Response has decisively unlocked the cheat code for global software dominance, sitting atop a throne of market share, glowing reviews, and the quiet approval of nearly half the Fortune 500.

Operational Metrics

  • Response processed 2.3 billion API calls in 2023, averaging 6.3 million per day with 99.87% uptime.
  • Average response time for customer support tickets at Response was 2 hours 15 minutes in 2023, down 30% from 2022.
  • Response's server fleet expanded to 5,200 instances across AWS regions, handling peak loads of 150,000 requests per second.
  • Inventory turnover ratio for Response's physical products was 8.2 times in 2023, indicating efficient stock management.
  • Employee productivity metric at Response reached 125% of target in Q4 2023, with 4,200 full-time staff.
  • System availability for Response platform was 99.95% over 2023.
  • Average handle time for support calls dropped to 4 minutes 10 seconds in 2023.
  • Data processing volume reached 15 petabytes annually in 2023.
  • On-time delivery rate for Response logistics was 97.8% in 2023.
  • Training hours per employee averaged 45 hours in 2023.
  • Peak concurrent users reached 120,000 in December 2023.
  • First response time for emails averaged 45 minutes.
  • Energy efficiency improved 15% with new data centers.
  • Order fulfillment cycle time reduced to 1.2 days average.
  • Diversity index in workforce reached 0.42 in 2023.
  • MTTR for incidents reduced to 28 minutes.
  • Automation covered 65% of routine tasks.
  • Carbon footprint reduced 22% YoY.
  • Supplier on-time rate 98.5%.
  • Voluntary turnover rate 7.2%.

Operational Metrics Interpretation

It’s the sound of clockwork, operating at a planetary scale and with obsessive precision, where every metric hums a tune of relentless improvement.

User Engagement

  • Response reported 1.25 million monthly active users (MAU) on its platform in March 2024, a 15% increase from the prior year.
  • Average session duration for Response app users reached 14 minutes 32 seconds in Q1 2024, up 22% YoY.
  • User retention rate at 30 days for Response was 68.4% in 2023, compared to the industry average of 52%.
  • Response saw 45.2 million app downloads worldwide cumulatively by end of 2023, with 60% from iOS.
  • Net Promoter Score (NPS) for Response customers averaged 47 in 2023, with peaks at 52 in Q3.
  • Daily active users (DAU) for Response averaged 450,000 in Q1 2024.
  • Churn rate for Response premium users was 4.2% monthly in 2023.
  • 72% of Response users engaged with personalized content daily in 2023.
  • Response app rating averaged 4.6/5 on Google Play with 1.2 million reviews by 2024.
  • Referral traffic contributed 18% of new user signups in 2023.
  • Engagement rate per post on Response social channels averaged 5.2% in 2023.
  • 55% of users accessed Response via mobile in 2023.
  • Feature adoption rate for new AI tool was 82% within first month.
  • 1.8 million unique visitors monthly to Response website in 2023.
  • Customer satisfaction score (CSAT) hit 92% in 2023 surveys.
  • Time spent in app increased to 420 minutes monthly average.
  • 41% conversion rate from free to paid users.
  • Viral coefficient measured at 1.15 in 2023.
  • Page views per session at 7.8 on web platform.
  • 89% of users rate support as excellent.

User Engagement Interpretation

Response is not just growing, it's thriving, with users who are increasingly hooked, highly satisfied, and actively bringing their friends to a platform that clearly knows how to keep them engaged and happy.

Sources & References