Usage and Context
Companies show traction by increasing sales, gaining more users, or securing partnerships. It proves their business is growing and can succeed.
Frequently asked questions
What is evidence of traction?
Evidence of traction includes more sales, new user sign-ups, or partnerships. It shows the business is growing.
How important is business traction?
Business traction is very important. It shows that the market likes the product or service. This makes investors more interested.
What is traction in investment?
In investment, traction means a business is growing. This growth can attract more investment because it shows potential for more success.