Time to Value (TTV) is how long it takes a new user to get their first meaningful value from your product—their "aha moment." For Slack, it's sending the first message. For Figma, it's creating the first design. Shorter TTV = higher activation rates. If it takes 30 minutes to set up and users have to wait a day for results, most will abandon. Great products deliver value in minutes.
Optimize Time to Value when you notice high signup-to-activation drop-off, when onboarding takes more than 10 minutes, or when users need setup/configuration before getting value. Track time from signup to first key action. Reduce TTV by removing unnecessary steps, pre-populating data, showing value upfront (empty states with examples), or offering templates.
Product Management
Speed to first win