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PRESENTED BY: MYLES KLEEGER, CHIEF REVENUE OFFICER AT APPBOY BEST PRACTICES FOR ACQUISITION, ENGAGEMENT, AND RETENTION BUILDING A SUCCESSFUL GROWTH PLAN:

Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

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Page 1: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

PRESENTED BY: MYLES KLEEGER, CHIEF REVENUE OFFICER AT APPBOY

BEST PRACTICES FOR ACQUISITION, ENGAGEMENT, AND RETENTION

BUILDING A SUCCESSFUL GROWTH PLAN:

Page 2: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

Founded in 2011

120+ employees and growing

Offices in NYC, SF and LONDON

M O. ACT I V E C U STO M E R S

500 +MM E S S AG E S / M O.

5 +BE V E N T S / M O.

100 +B

APPBOY – THE LEADING GLOBAL, LIFECYCLE MARKETING PLATFORM

Page 3: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

User ID

Gender

Age Group

Loyalty

Language

City

Most Recent Device Locale

Number of Devices

Last Purchase

Last Push

Last Email

Sessions

voraciousmel

Female

22-34

true

German, English, Mandarin

Berlin

en-de

2

€78.00

17 hours ago

2 days ago

52

Mel Schwartz

Berlin, Germany [email protected] @voraciousmel +49 (30) 26050

CUSTOMER RELATIONSHIP

CUSTOMER DATA

WE EMPOWER BRANDS TO BUILD LONG-TERM RELATIONSHIPS WITH THEIR CUSTOMERS

Page 4: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

TV

… AND DELIVER PERSONALIZED CUSTOMER EXPERIENCES IN EVERY CHANNEL

WEARABLES

PUSH NOTIFICATIONS

IN-APP/BROWSER MESSAGES

FACEBOOK

MOBILE/DESKTOP WEB

NEWS FEED CARDS

TV

EMAILS

Page 5: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

MOST APPS ONLY RETAIN BETWEEN 10-20% OF THEIR CUSTOMERS

0

25

50

75

100

0 1 3 7 14 30 60 90

N E X T 5 0 0 0 A P P S

D AY S S I N C E A P P I N S TA L L

N E X T 1 0 0 A P P S

N E X T 5 0 A P P S

T O P 1 0 A P P S

MOST APPS ONLY RETAIN BETWEEN 10-20% OF THEIR CUSTOMERS

S O U R C E : Q U E T T R A V I A A N D R E W C H E N

Page 6: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

€61EFFECTIVE COST PER ENGAGED CUSTOMER

L I F T O F F M O B I L E A P P E N G A G E M E N T I N D E X , 2 0 1 6

Page 7: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

RETENTION RATE BY DAY AND PLATFORM

RETE

NTIO

N RA

TE0%

10%

20%

30%

40%

DAYS SINCE APP INSTALL1 2 3 4 5 6 7 14 30 45 60 90

AndroidiOS

APPBOY CLIENTS ENJOY ABOVE AVERAGE RETENTION RATES

35%UPLIFT VS. AVERAGE

20%UPLIFT VS. AVERAGE

S O U R C E : A P P B O Y P R O P R I E TA R Y R E S E A R C H

Page 8: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

SO, HOW CAN YOU DRIVE BETTER ENGAGEMENT AND GROWTH?

Page 9: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

5.6BNPush notifications sent

23MMAverage monthly push volume

25Push notifications sent/MAU

SOURCE: APPBOY PROPRIETARY DATA

ONE OBVIOUS TACTIC IS TO USE PUSH NOTIFICATIONS TO BRING USERS BACK

Page 10: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

19%Increase in daily return rate

16%More daily sessions per user

5.6%Lapsed users reactivated

from one campaign

SOURCE: APPBOY PROPRIETARY DATA

AND WHILE PUSH NOTIFICATIONS CAN BE USED TO DRIVE ENGAGEMENT …

Page 11: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

Push volume vs user activity

Sess

ion

s Pe

r U

ser

Per

Day

4.8

4.9

5

5.1

5.2

Number of Push Notifications Sent

0 25,000,000 50,000,000 75,000,000 100,000,000

SOURCE: APPBOY PROPRIETARY DATA

~0%CORRELATION

THE ANSWER IS NOT TO SEND MORE PUSH NOTIFICATIONS!

Page 12: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

YOU MUST FIND YOUR MAGIC MOMENT TO LOYALTY

Page 13: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

ENSURE THAT MORE USERS EXPERIENCE THAT MAGIC MOMENT AS EARLY AS POSSIBLE IN THE CUSTOMER LIFECYCLE

NEW

USERS

EXISTING

USERS

MAGIC

MOMENT

Page 14: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

#1 INVEST IN NEW USER ONBOARDING—BUILD VALUE FROM THE START

Page 15: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

FiberMonk 5m ago

PROACTIVELY MARKET TO CUSTOMERS WHO DON’T FINISH INITIAL ONBOARDING

SOURCE: APPBOY PROPRIETARY DATA

50%RISE IN

NEXT DAY RETENTION

71%RISE IN

TWO-MONTH RETENTION

Page 16: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

PRODUCT OBSERVATION When customers added their home or work address to profiles it correlated with increased engagement (and ease of use)

STRATEGY Influence more customers to add home or work address

METHOD: TARGETED PUSH Send customers who haven’t added work and home targeted push notifications to encourage them to add that missing information

RESULTS Customers who received the campaign converted; thus user engagement within the app increased

CASE STUDY: MAPQUEST

S O U R C E : A P P B O Y P R O P R I E TA R Y R E S E A R C H

1,000%MORE LIKELY

TO TAKE ACTION WITH PUSH VS

NO PUSH

Page 17: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

EFFECT OF DAY 1 AND DAY 2 ACTIVITY ON RETENTION

RE

TEN

TIO

N R

ATE

0%

20%

40%

60%

80%

100%

DAY

10 100

D1 Active D1 Inactive (Dotted) D1 Active, D2 Active (Dotted) D1 Inactive, D2 Inactive

DATA FROM APPS WITH MORE THAN 5,000 NEW USERS IN JANUARY 2016

DAY 1 AND 2 ACTIVITY = 550%+ RETENTION BY DAY 3

#2 FOCUS ON CONSISTENT ENGAGEMENT EARLY IN THE CUSTOMER LIFECYCLE

Page 18: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

EFFECT OF RECEIVING A PUSH OR IN-APP WITHIN FIRST 24 HOURS

RE

TEN

TIO

N R

ATE

0%

8%

16%

24%

32%

40%

DAY

1 2 3 4 5 6 7 14 21 30

Campaign No Campaign

200% GREATER RETENTION AFTER 30 DAYS WITH ANY MESSAGE IN THE FIRST 24 HOURS

S O U R C E : A P P B O Y P R O P R I E TA R Y R E S E A R C H

USE PUSH TO HELP USERS FORM THESE HABITS EARLY AFTER INITIAL DOWNLOAD

Page 19: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

#3 USE A MORE SEGMENTED APPROACH TO YOUR MARKETING CAMPAIGNS

SOURCE: APPBOY PROPRIETARY DATA FOR ANDROID

Push Open Rate vs Audience Send Size

PU

SH O

PE

N R

ATE

0%

2%

4%

6%

8%

10%

AUDIENCE SEND SIZE

1,000 - 5,000

5,000 - 10,000

10,000 - 20,000

20,000 - 40,000

40,000 - 80,000

80,000 - 160,000

160,000 - 320,000

320,000 - 640,000

640,000 - 1,280,000

1,280,000 - 2,560,000

2,560,000+

Page 20: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

P U S H

E - M A I L

I N - A P P

M E S S AG E S

N E W S

F E E D

W E A R A B L E S

P E A K E N G AG E M E N T

U S E R SM O R N I N G M I D DAY E V E N I N G

PA U L

R AC H E L

BOOST ENGAGEMENT WITH MESSAGES THAT USE SEND-TIME OPTIMIZATION

25%RISE IN USER

ENGAGEMENT

SOURCE: APPBOY PROPRIETARY DATA

Page 21: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

#4 PERSONALIZE YOUR MESSAGING AND LEVERAGE CONTEXT

COLOMBIA

GERMANY

KUWAIT

SOURCE: APPBOY PROPRIETARY DATA; CONVERSIONS = APP USAGE, CUSTOM EVENTS, PRODUCT PURCHASES

3XRISE IN

CONVERSIONS

Page 22: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

PRODUCT OBSERVATION Customers click on local news stories more often than non-local stories

STRATEGY Deliver more locally-based content as it’s happening

METHOD: ENHANCED ALERTS Personalization by location and content preferences live alongside a highly customizable Alerts feed

RESULTS ABC News saw increased engagement and improved their regional push open rates

S O U R C E : A P P B O Y P R O P R I E TA R Y R E S E A R C H

CASE STUDY: ABC NEWS

Page 23: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

SEAMLESS, CHANNEL-AGNOSTIC APPROACH TO CUSTOMER ENGAGEMENT

#5 USE COORDINATED MULTI-CHANNEL MESSAGING WHEN RUNNING CAMPAIGNS

S O U R C E : A P P B O Y P R O P R I E TA R Y R E S E A R C H

2.2xINCREASE IN

CONVERSIONS

131%RISE IN

TWO-MONTH RETENTION

Page 24: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

1/ PRIORITIZE CUSTOMER ONBOARDING

2/ FOCUS ON ENGAGEMENT EARLY IN THE CUSTOMER LIFECYCLE

3/ USE MORE REFINED TARGETING AND SEGMENTATION STRATEGIES

4/ INCREASE THE EFFECTIVENESS OF YOUR OUTREACH WITH PERSONALIZATION

5/ SUPPLEMENT PUSH NOTIFICATIONS WITH ADDITIONAL MESSAGING CHANNELS

KEY TAKEAWAYS

Page 25: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

JOIN APPBOY AT OUR BOOTH FOR OUR RECENTLY RELEASED DIGITS REPORT

Page 26: Appboy Mobile Growth Europe Presentation - Best Practices for Acquisition, Engagement, and Retention

[email protected]@APPBOY /APPBOY BUSINESS INTELLIGENCE /

THANK YOU