insights to action: inform your engagement marketing strategy with behavioral analytics
TRANSCRIPT
Housekeeping
• Webinar will be recorded and emailed out• Have a question during the webinar?
- Ask us via the comments box- Q&A time at end of webinar
• Let’s get social! Tweet us with #insights2action- @Kahuna - @AmplitudeMobile
Agenda- Introductions
- Why engagement & retention won’t just happen
- What is behavioral analytics?
- The Three Phases of Retention
- Analytics & messaging strategies for each phase
- Q&A
20,000 apps added every month3 million+ apps in leading app stores14% increase in B2C emails sent25% decrease in open-to-click ratio for email 90% of users don’t return 30 days after install
The Problem
One of the most effective ways is to develop a highly optimized engagement marketing strategy.
How do you avoid losing 90% of your users?
Understand Engage Optimize
The goal of an engagement strategy is to determine the right message, to be delivered to the right person, at the right time to drive your desired outcome. . .
. . . But it requires a new approach.
The goal of an engagement strategy is to determine the right message, to be delivered to the right person, at the right time to drive your desired outcome.
How? User behavior analytics.
The goal of an engagement strategy is to determine the right message, to be delivered to the right person, at the right time to drive your desired outcome. . .
What is behavioral analytics?Raw Data,
Individual User Timelines
granularhigh-level
Aggregate Statistics
What is behavioral analytics?Raw Data,
Individual User Timelines
granularhigh-level
Aggregate Statistics
The Behavioral Layer
• Behavioral Cohorting• Growth Discovery Engine• User Flows• Microscope
Let’s walk through an exampleof the power of behavioral analytics for a retention engagement strategy
The Three Phases of Retention
○ Phase 1: Does the customer believe the app is valuable?
○ Phase 2: Does the customer remember the app is valuable?
○ Phase 3: Has the app become a habit for the customer?
Best in class engagement marketing must think about all 3 phases
Phase 1: Does the customer believe the app is valuable?
Remember, customers are fickle. They need to see value in the product very quickly.
Phase 1 is about demonstrating value to prevent churn.
New UsersThis is also the phase where you can touch the highest number of users -- so take advantage of it!
Active UsersCasual Users
EXAMPLE:
Determine your onboarding focus and encourage that behavior for
new users
Phase 1: Does the customer believe the app is valuable?
Phase 1: Which is better?
Number of news topics followed
Depth into a food category
Depth into a news topic
Number of recipes added
+62%
+28%
Initial Onboarding
New Onboarding
Day 1 retention change
Use data to determine your onboarding focus!
Phase 1: Where to start?Analyze the early behaviors of new users who retain, and compare to users who do not retain.
Amplitude Growth Discovery Engine
Phase 1: Analyze the day 1 behaviors of new users who retain, and compare to users who do not retain
Amplitude Growth Discovery Engine
Phase 1: Understand how users get to that action
Amplitude User Flows
AddToList
CreateList
FavoriteSong
SearchSong
Incoming Flow
PlaySong
Phase 1: Understand how users get to that actionCreate a conversion funnel based on that information
!
Phase 1: Create a cross-channel onboarding strategy
add dietary preferences add favorite recipes add items to shopping list
Yummly nowHave mustard? Eating Gluten-free? Add your Taste Preferences in Yummly now to personalize your experience!
slide to view
Yummly nowYou’re only a few Yums away from personalized recipe recommendations!
slide to view
Yummly nowDid you know you can add recipe ingredients to your shopping list by tapping “Add to list” on the recipe?
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“Recipe” for effective
onboarding:
add dietary preferences add favorite recipes add items to shopping list
Yummly nowHave mustard? Eating Gluten-free? Add your Taste Preferences in Yummly now to personalize your experience!
slide to view
Yummly nowYou’re only a few Yums away from personalized recipe recommendations!
slide to view
Yummly nowDid you know you can add recipe ingredients to your shopping list by tapping “Add to list” on the recipe?
slide to view
“Recipe” for effective
onboarding:
Results: Increased 30 day user retention by 119%
Phase 1: Create a cross-channel onboarding strategy
Phase 2: Does the customer remember the app is valuable?
Just because the customer found value on day 1, doesn’t mean they’ll remember to come back 3 days later.
Phase 2 is about moving users from:
Casual Passerby
Engaged User
Phase 2: Does the customer remember the app is valuable?
Personalized updates based on expressed user interest.
EXAMPLE:
Completing 50% of Profile
Adding 7 Friends
Phase 2: What actions in the first week drive medium-term retention?
Posting on a wall
Use behavioral cohorting to identify the optimal experience
In traditional analytics, a “cohort” has referred to an Acquisition Date Cohort:
A group of users who started in the same time period, and are then tracked together over time.
Phase 2: What is a behavioral cohort?
Phase 2: What is a behavioral cohort?Acquisition Date Cohorts can tell you that users who joined in
June are retaining better than users who joined in May…but it’s hard to take action on that information.
Phase 2: What is a behavioral cohort?Behavioral cohorting allows you to group your users based on
specific actions that they have or have not taken in your app or website.
This helps you identify user actions or product features in your app that drive growth.
Phase 2: Compare retention between behavioral cohorts
Users who add 7 Friends in 10 Days.
Users who do NOT add 7 friends in 10 days.
100%80%60%40%20%
0%
Day 30Users who add 7 friends in 10 days: 36.1%
Day 0 Day 1 Day 3 Day 7 Day 30 Day 60
Engagement Decision: Optimize experience around adding and discovering friends
Phase 2: Remind users of your app’s value
Control Group(no message)
Goal Achievement Uplift: Listen to Playlist
6.22%
16.57% 17.88%
Baseline
Phase 2: Drive customer & business value by optimizing the experience to drive the best
outcomesBrowse
products Add to cart Purchase
Still want the Chicken Teriyaki Special for dinner tonight? Complete your order here.
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Phase 3: Has the app become a habit for the customer?
Phase 3 is about creating a habit to prevent user churn & boost long term retention.
How can you encourage users to become highly engaged power users and keep them that way?
EXAMPLE:
Train customers to think of SeatGeek when they need
weekend plans
Phase 3: Has the app become a habit for the customer?
Phase 3: Identify users at risk and intervene before they break their habit
Use behavioral cohorts to identify users at risk of churning, send personalized messages to those
customers.
New users who have: ● Started
application more than 2 times
● Browsed winter apparel
Convey benefit of service
Your Brand nowSale today on boots, hats, and gloves. Free shipping on orders over $35! Use code BRR2015slide to view
New users who have not:
● Opened the app within the last 5 days
● Made a purchase
!
SeatGeek: Adopted a new approach that drove real results
+32%uplift in user conversion
+61%uplift in user engagement
Let’s stay in [email protected]@Kahuna
To learn more visit
KAHUNA.COM
[email protected]@AmplitudeMobile
To learn more visit
AMPLITUDE.COM