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Presentation Transcript
SHOPPING APPS Mobile User Acquisition Trends and Benchmarks 2016 Dennis Mink, VP Marketing @Liftoff
Mobile Commerce is Booming $142 $150 $142B projected m-commerce sales in 2016 $104 $113 Dollars (Billions) $75 $75 $38 $0 2014 2015 2016 (projected) Source: “Mcommerce sales to reach $142B in 2016: Forrester”. 8 Oct 2015. Mobile Commerce Daily. 2
Shopping Apps are Making an Impact • In 2015, shopping apps accounted for $40.58 billion in sales. • Consumers spent 55.3% more time shopping on mobile devices than computers. 3
Shopping App Acquisition Costs are High • Average cost to acquire a new shopper: $113.74 • Average install-to- purchase rate: 4.3% 4
The Bigger Challenge is Retention • The average app loses 90% of it’s users within 30 days! Source: “Mobile App Landscape: 2015 Q3 Report: Quettra. 5
Our Research is Based On… 1.4 million mobile shopping app installs 31,000 post-install registrations and purchases Amazon, eBay, Rue La La, Touch of Modern and other prominent digital retailers and ecommerce companies 6
2 Key Takeaways from the Data • September is a sweet spot for user acquisition • Re-engagement in the first 7 days is critical 7
What to Expect in Q4 2016 2015 CPMs 2015 CPIs 2016 CPM ProjecAons 2016 CPI ProjecAons • CPIs are up to 61% higher in December vs. in September $7.00 $5.25 CPI • CPMs are up to 75% higher in December vs. in September $3.50 $1.75 CPM $0.00 Sept Oct Nov Dec Sources: MoPub Metamarkets data. 1 Sept 2015-31 Dec 2015. Projections based on similar YOY growth rates.Liftoff Shopping Apps Report. July 2016. 13
2nd Purchase Comes Quickly Average order value was $68.00 per order. 17
How to Blow Out Your Q4 Mobile Shopping Season Invest in user acquisition in September / October, when CPIs & CPAs are lowest, conversion rates are highest Run creative and offer tests in Sept / October when CPMs are lowest. Avoid testing during the holidays Go heavy on re-engagement October thru December 19
For more mobile shopping insights, download our latest Mobile Shopping report @ www.liftoff.io Thanks!