driving consumer insight with mobile analytics

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New York | March 25–28 Driving Consumer Insight with Mobile Analytics Marcia Kadanoff Open Marketing CEO & Founder @openmk #SESNY

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In 2013, OpenMarketing's Marcia Kadanoff delivered an in-depth presentation at SES New York on mobile marketing focusing on how mobile analytics have changed the way companies measure consumer insight and engagement.

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Page 1: Driving Consumer Insight With Mobile Analytics

New York | March 25–28

Driving Consumer Insightwith Mobile Analytics

Marcia KadanoffOpen MarketingCEO & Founder@openmk

#SESNY

Page 2: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

What We’re Going To Talk About• Types of analytics to look at for mobile versus web

• Products available to help you get actionable customer insight

• Analyses and testing needed to drive customer insight

Page 3: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Why Mobile Apps?

Page 4: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Differences You Need To Know About

WEB ANALYTICS MOBILE APP ANALYTICS

Session tracking done primarily thru cookies and Javascript

Session tracking done primarily thru UDID (Android) and with sessions (iOS)

Human user interface is keyboard and mouse based

Human user interface is gestural and touch-based

Web measurement model is centered around page views, referrals, search, and visits

Measurement model is less about referrals and search and more about engagement and loyalty

Unique visitors are tied to individual or server IP addresses

Unique visitors are difficult if not impossible to measure; instead we look at sessions

Page 5: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Easily 40 Analytics Products Specific To Mobile

Page 6: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Vanity Metrics• Number of app downloads• Total number of sessions• Total number of first time users

DAU – Unique Users

Page 7: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

For Mobile Applications• Downloads are not enough• Need to drive 1x usage – an astounding 25% of people download an app and use it

1x only• Need to drive 3x usage – what the industry defines as loyalty

Page 8: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Good Analytics Starts By Asking the Right Questions

Source: Dave McClure’s AARRR model

AAcquisitionHow do users find you?

ActivationDo users have a great first experience?

RetentionDo users use it subsequently?

RevenueHow do we make money?

ReferDo users tell others?

A

R

R

R

Page 9: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Cohort Funnel Trend

Acquisition % who download the product by day

Activation % of users who activate the product by date of download

% of users who download the product, use it 1x, and fill out a profile

Changes in this behavior over time

Retention % of users who use the app 3x by date of download

% of users who use the app 1x who go on to use the app 3x

Change in the number of loyal users over time

Revenue % of users who use the app 11x time and go on to complete in app purchase

% of users who move from step 3 to step 4 in the purchase funnel

Change in ARPU over time

Referral % of users who leave a review by date of activation

% of users who post a product review after being exposed to 2 photos

Changes in sentiment over time

Page 10: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Actionable Customer Insight

$$$Free

More

Less

Page 11: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

ConfigurableDashboard

Trend Analysis

FunnelAnalysis

CohortAnalysis

CampaignAnalytics

Drill DownSegments

Cost

Google Analytics

★★ ★★ ★★ ★★ ★★ N/A Free

Flurry ★★ ★★ ★★ ★★ ★★ N/A Free

Apsalar ★★ ★★★ ★★★ ★★★ ★★★ ★★★ Free

Localytics ★★★ ★★★ ★★★ ★★★ ★★★ ★★★ $95/monthFor 1 app

MixPanel ★★★ ★★★ ★★★ ★★★ Unclear ★★★ EnterpriseModel

Kontagent ★★★ ★★★ ★★★ ★★★ ★★★ ★★★ EnterpriseModel

How We Assess Various Mobile Analytics Products

Page 12: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Flurry

Free / Market Leader

• Excels at in-application engagement

• Custom events

What’s Lacking

• Meaningful Segmentation

• Support for Cohort Analysis

• Customer-centered Funnels

Page 13: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

TheFind

Page 14: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

TheFind

• Quite happy with their investment in mobile analytics to date

• Stopped spending anything on paid media – virtually all their demand creation is done using SEO and email marketing

• They know their business. They know their average number of downloads, and can judge the impact of a particular promotion on downloads and subsequent usage

• Cohort analysis particularly painful and challenging

Page 15: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Funnel Analysis

Page 16: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Another View of Engagement – From Localytics

Page 17: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Link Between Engagement and Monetization

Page 18: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Cohort Analysis• The best kind of analysis for decision making• Almost impossible to do without the right tool behind you• One of the big motivators to move up to a mid-market analytics tool

Page 19: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Another View of Cohort Analysis

• This time with drill down analysis

Page 20: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Same Cohort – Different Views• Revenue changes from day 1 (baseline) to day 2

Page 21: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Evaluate Products• Dashboard view• Support for specific analyses you need • Ability to get to go beyond vanity metrics with more emphasis on engagement and

ultimately revenue• Referral code for campaign tracking• Integration – how easy or hard it is – particularly with the other data sources that

matter to you• Pricing model – FREE generally means free but Enterprise products are priced

differently – on purpose• Worry more than a little about the cross device problem

Page 22: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Best Practice: Chose A Product That Includes Campaign Management Functionality Built In

Page 23: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Enterprise Products

Page 24: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Remember on Mobile

• Almost all tracking is done with anonymous device fingerprint tracking, which is

about 95% accurate – more so for Android, less so for Apple iOS

• Apple no longer allows tracking by Device ID (UDID) and is expected to disallow

tracking by Mac ID

• The leader in cross device tracking & analytics for mobile is a company called

Drawbrid.ge – worth checking out

• Sources

• http://www.mobilemarketer.com/cms/opinion/columns/12380.html

• http://media.mobileapptracking.com/docs/MAT-App_to_App_tracking.pdf

Page 25: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Sephora

Source: Kaleidoscope Kontagent

Over +50% of Sephora emails are opened on mobile or tablet devices

Typical Email Open Device

Sephora.com Traffic

1/3 of all Sephora.com traffic is from mobile and tablet devices

Page 26: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Impact Analysis

Page 27: Driving Consumer Insight With Mobile Analytics

New York| March 25–28, 2013 | #SESNY

@openmk

Closing Thoughts• On mobile – because of the app stores - tracking through to the purchase event can

be hard

• Sometimes you have no choice but to use engagement as a proxy variable

• Don’t forget good old fashioned A/B testing particularly of landing pages