Firstrun runs onboarding checklists inside other people's products, so I can see where their users stop. Aggregated over 60 products, with permission.
- Step 1 completion: 81%
- Step 2: 58%
- Step 3: 44%
- Any step that says "invite a teammate": loses a third of whoever reaches it
- Any step that asks for a credit card before the user has seen their own data: loses half
The single biggest improvement I see is removing a step. Not rewording it. Removing it.