Growth Hacking Mobile Apps: 3 Critical Growth Tactics

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1 @urbanairship #growthhacking @urbanairship #growthhacking June 23, 2016 Growth Hacking Mobile Apps: 3 Critical Growth Tactics
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Transcript of Growth Hacking Mobile Apps: 3 Critical Growth Tactics

Page 1: Growth Hacking Mobile Apps: 3 Critical Growth Tactics

1 @urbanairship #growthhacking @urbanairship #growthhacking

June 23, 2016

Growth Hacking Mobile Apps:3 Critical Growth Tactics

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Alyssa Meritt Justin DunhamDirector, Strategic Services

Lead, Marketing Technology & Analytics

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Today’s Agenda

Introductions

What is Growth Hacking … errr, Marketing?

Growth Tactics:1. Retention: Laying the Foundation from the Very Start2. How (and Why) to Iterate on Your Mobile Campaigns3. Using Mobile Data to Get the Right Customers

Mobile Growth Marketing Key Takeaways & Next Steps

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What is Growth Marketing?

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12M Users Just 1.5 Years After Launch

--Get your free Email at Hotmail

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Marketing: Traditional vs. Growth

Traditional Growth

Product Formal relationship Same team

Goal Sell Strategically drive revenue, retention, etc.

Data “Some things can’t be measured” Data-driven approach

Testing Limited Constant

APIs and Technology

Barrier to be overcome Source of advantage

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Growth Marketing & Mobile

Growth Mobile

Product Act as the same team Complete customer experience -- not just a channel

Focus Strategically drive revenue Customer experience

Data Data-driven approach Seamless data collection

Testing Constant Continuous deployment and 1:1 messaging

APIs & Technology

Source of advantage Many opportunities for creative usage to drive better experience; integrations. Omnichannel

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Retention: Laying the Foundation from the Very Start

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If you invest in growth before you have retention, you’re renting users, not acquiring them.-Tarun Mitra

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You’re Not Just Selling

USERBRAND• Reach, engage &

retain customers• Generate repeat

business• Gain user insight• Operational efficiency• Optimal experiences

• Easy & convenient• Save money• Save time• Have fun!• Security• Better deals• Be reminded

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Build in Habit

What is bringing them back?

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Plan for Retention, Retargeting

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How (and Why) to Iterate on Your Mobile Campaigns

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How Are You Using Mobile Data Today?

Analytics

• Usage• Path analysis

• Adoption• Events tracking

• Attribution• Usability

Aggregate or User Level Insight

• Preferences• Behaviors• Locations• Lifecycle• Status

Marketing Response

• A/B testing• Retargeting

• Cross channel messaging

ROITargeting, profiling

Messaging, optimizatio

n

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How To Get Better Results

● Articulate our guesses● Figure out ways to test them● Act on the data

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Example

Hypothesis Test Owner Result

Adding signup to the homepage will drive a 10% increase in conversions to our product

A/B test 2 versions of the homepage to see whether we see that lift

Justin We saw a 5% lift, half from more click-thrus, and half because visitors who saw the signup on the homepage were more likely to signup through normal channels

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Three Simple A/B Testing Opportunities 1. Brand voice vs. pure information

A) ”Share your love for the new Pretzel Bacon Cheeseburger combo using #PretzelLoveSongs and we may sing it!" B) ”Pretzel Bacon Cheeseburger is here to stay. Choose combo #2 on the menu."

2. Clear call to action vs. vagueA) ”You can now enjoy $1 off premium cheeseburgers! Tap to redeem."B) ”Hungry? We’ve got local deals."

3. Immediacy vs. value propositionA) ”Your coupon expires today."B) ”There is still time to enjoy $1 premium burgers!"

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Individual Results May Vary

Hypothesis

Sale copy will have a higher open rate than thematic copy.

Test

A: Make the most of Summer…B: Camping equipment on sale

Result

A: 23% direct open 11.5% conversion rate

B: 18.6% direct open rate 13.9% conversion rate

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Using Mobile Data to Get the Right Customers

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Segmentation

● Explicit and implicit user preference● Funnel, frequency, user actions● Find the right segments and grow them

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Opt-in >> Convert >> Grow >> Retain >> Reactivate

Acquiring the Customer Building the Relationship Win back

Prospect Customer Super User Best Customer

Recaptured Customer

ReactivationTransactional &

operational

Broadcast

Obtainpermission Loyalty

1:1 triggeredTargeted by segment

Preference/ behaviorbased push

Exclusive rich contentWelcome

Get the opt-in

Value prop

Deals & alerts

Sharing preferences

Aggressive deals/content

Engage Pre-Install

Opportunity

Interstitial education on value prop

Pre-opt in screen

Customer Insight

Engagement Signals Across User Lifecycle

Register

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What Are the Attributes of Your Best Users?

ExplorersConverts

Advocates

SkepticsYour App

On and offline marketing

App store discoveryDownloadOpen app

Opt-in to push, locationRegister / key actionPurchase, returnShare & refer a friend

Action

Awareness

ConsiderationPreference

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Activation: Find Audiences Primed for Action

Use path analysis to find users that are on the threshold to convert

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Referral: Find Your Fans & Encourage Sharing

Drilldown into users that recently active

And find users that also visit frequently

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Multiple touch points 6x more valuable.

“The more channels that we can engage in with our customers, the

better the overall value of the customer.”-Tim McCauley,

Senior Director, Mcommerce, Walgreens

Source: eMarketer, January 2013

Cross-Promote & Retarget

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Cross-Channel Expansion

Redbox uses email, SMS, Pinterest and Instagram to connect with engaged (and lapsed!) customers.

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Lookalikes

Find highly engaged users in your app Upload into Facebook to find more

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When the Love is Gone…

Create reengagement campaigns

v

• Identify users that recently uninstalled

• Export a list for an e-mail, or social winback campaign

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Mobile Growth Marketing:Key Takeaways & Next Steps

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RetainFocus on retentionGive to getBuild in habit

BEST PRACTICE

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Start with a hypothesisA/B testOptimize, build on learnings

Test

BEST PRACTICE

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Define segments that move your businessExpand your omni-channel reachRecapture users and retarget the right new ones

Segment

BEST PRACTICE

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Q&ALuke, we need a slide here that we can sit on while we have Q&A. Also add: “Want more? Check out the online resources in our Content Library for more best practice and benchmark resources.” in smaller text on the slide. Thx!

Q & A

Want more? Check out the resources in our online

Content Library for more best practices and

benchmark reports.

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