Everyday numerous applications gets developed and introduced in the market. Near about 2,470,000 apps are available on Google Play and 1,798,000 apps on the Apple App Store. Hence you should struggle in a good way to get noticed too. You need billions of people across the world to use your application. Then you’ve got to keep pushing at making your app excel, increasing visibility, and retaining customer attention. You know that applications are advantageous to online businesses. So you must rapidly detect any issues to keep the responsiveness and performance of your app. Through monitoring, this can be accomplished. Using the proper tools to get accurate and proper insights is a perfect way to get ahead of the competition.
How Can You Track Your App’s Performance?
This is the point where application analytics comes in focus. It captures data from mobile applications by recognizing unique users, following their journeys, recording their behaviors, and giving reports about an app’s performance. Mobile analytics can also be used to improve conversations with the use of data to make a better mobile experience.
There are three uses for mobile analytics:
- Performance analytics- helps monitor an app’s efficiency
- Marketing analytics- tracks marketing campaigns
- In-app analytics- helps understand the mobile app user
Why should you track the app’s performance?
According to the report, simply a year ago, just 0.01% of all consumer mobile applications turned out to be financially successful. All things considered, that analyzes the fact that you can’t bear to let your application fail after all the hard work you put into launching it. There are some ways to monitor your application. Before we get into that, here are the fundamental reasons why each developer needs to put resources into tracking their application.
1. Be relevant to your customers-
Smartphones are a need, and brands are ignoring their significance. Through mobile applications, organizations are engaging with customers and enabling brands with large amount of data.
Performance tracking of application helps to provide detailed analytics on its adoption and use as well as the user’s demographics. Using mobile analytics ensures that a brand remains relevant to its business objectives and also customers. If an individual doesn’t derive real value from an application, it will either be deleted or abandoned. Hence, having the proper real-time data about customers is significant for success. By monitoring changes in trends, a brand can boost its efforts and continue to provide an application that is unique and important.
2. Always a chance for improvement-
Mobile apps analytics helps you to assess consumer engagement and app’s performance. It is a necessary part of the software development life cycle (SDLC). With feedback and metrics, any brand will have the knowledge required to improve their current application. Developers have the ability to make data driven decisions about UX/UI, design, and content. This should be a continuous process so that the application can improve user engagement, increase user retention, and upgrade the UX.
3. Satisfy customer demands-
Satisfied customers is the key to success of an application. Individuals are busier than ever. They need applications that can give solution for their issues while in a hurry without any problem. From the survey, it has been noticed that, one in four users abandon an application after a single poor experience.
Trying to accomplish a 100% retention rate is unrealistic. But, planning to increase engagement and downloads is conceivable. This will, gain more customers and accomplish growth. In this manner, maintaining mobile application intelligence can assist you with featuring issues and rectify them more rapidly. Applications need to optimize user experience and meet their desires. Recognizing what they are will keep you ahead. Gartner uncovered that by 2018, 75% of organization had redirected their investments to customer experience innovations.
4. Get better than the competition-
There is high competition in the application world. Others in a similar specialty are ready to take as many customers as they can. Analytical tools can assist you with analyzing the performance of your business as well as others. Thus, depending on the classification of your application, think about monitoring the metrics of your competitors. From building brand awareness to communicating with your customers to getting viewers to take action, you now have the proper tools to go beyond the competition. You’ll know how the audience is engaging with your application and how they are interacting with it.
Getting the outcomes day by day, week after week, month to month, and every year will assist you with analyze trends and execute the correct campaign for your business.
With app’s performance and behavioral metrics, you should analyze industry data. Knowing how your application performs comparative with others as for key application performance measures is necessary for success. Using reliable benchmarks for crash rate, application release time, network latency, and so forth can help to analyze how your application compares with industry peers. The statistical analysis and insights can promote appropriate resource allocation. This improves your business.
5. Brands to remain profitable-
Regardless of whether it’s through reviews, feedback, or analyzing data, figure out what is making clients unsatisfied. By following the correct metrics, you can distinguish issues rapidly and stay profitable. Engaging clients and attracting new ones will help to generate revenues. That is the reason of concentrating on what’s driving ROI is important. By evaluating metricks, such as, retention and churn, you can discover what’s making these clients to uninstall. Give them a reason to keep returning and using your application.
6. Personalize the mobile app-
Having an application isn’t sufficient. Tracking the metrics is vital to success. At the point when you can follow an individual’s preferences, you have significant insights into their choices. Giving a customized experience increases engagement. In addition, it makes focusing on specific customers simpler. Personalization is one of the most successful and efficient ways to drive customers in the digital industry. Nowadays app users are demanding customization. This involves the use of personalization to automatically optimize the individual customer experience. With the guide of rapid data aggregation and analysis, cross-channel deployment, and machine learning, a customer’s behavior can be predicted.
Also, applications can be custom-made to an individual’s preferences, location, and in-application behavior. Individualized push and in-application messages have shown more good outcomes over a general broadcast.
Mobile applications are one of the best innovative products. But these products could fail due to lack of proper metrics to keep track of its performance. It can impact retention rate, engagement and also active users. Be cautious about the correct metrics. This can assist you with prioritizing different aspects of your business technique. But more importantly, you should have the option to use the data that reveals these important highlights about your application. Mobile application analytics tools can make the activity easy and clear. With the use of proper metrics to measure, one can allow brands to achieve better growth, higher ROI, and happy customers.
Are you confused about how to track the performance of your app, consult with solace experts. Team is well experienced in new trends and technologies to give you the best solution which will help you to achieve the success you deserve. Hire dedicated app developers from Solace team to develop the best app for your business. We will be happy to help you.