The Mobile App Funnel Benchmarking The Mobile App Customer Lifecycle
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The 20,000 Foot View
App companies lose users and revenue right across the user acquisition and retention process. Thus as the global app market grows the amount of lost revenue accelerates also. MIDiA’s app funnel analysis reveals just where on the customer life cycle users are lost, why they go and provides industry averages to benchmark against for freemium apps and trial subscription apps. The app funnel is emerging as one of the most important business analysis frameworks for the app economy and understanding it is crucial to driving successful user engagement, conversion and retention.
Key Findings
- Users are at every stage of the life cycle and the impact losses higher up the funnel amplified further down it.
- For some of apps up to of can be lost between download and activation
- Freemium apps convert of downloads to payment of subscription app downloads never enter trial of smartphone users downloaded an app and never opened it of smartphone users stopped using an app due to a bug of smartphone users delete an app within one month of smartphone users do not find the app they are looking for
- App distributors’ policies favor large developers
Companies mentioned in this report: Customer.io, WhatsApp, Threads, Segment.com