28 March, 2023
Mobile conversion rate optimization (CRO) improves the strategies that encourage your app users to spend money. The conversion rate is a fundamental indicator of how effectively the UX contributes to ROI.
Once you've convinced your target customers that your app is the solution for them, making long-term conversions attractive is mainly achieved through understanding them. Consumers like it when they feel understood, with 70% saying this impacts their loyalty.
Cutting-edge mobile app analytic tools like UXCam help product teams understand customer app interactions by effectively ‘walking in their shoes’. This article discusses the two conversion types and seven fail-safe strategies for a healthy conversion rate.
Mobile conversion rate optimization boosts your lead generation strategy to increase the percentage of users who take a desired action. In other words, it increases the number of users fulfilling your CTA's.
A typical example of a conversion rate is the percentage of app users spending money, i.e., making purchases or subscribing to a premium plan.
UXCam empowers mobile app teams with comprehensive details to understand users better to develop empathic apps that convert. Its granular insights uncover natural user behavior throughout their journey. Analyzing collected data, including user interactions, gestures, frequent actions, bottlenecks, and much more, makes a deeper understanding easy.
Micro mobile app conversions occur when your customer completes a set of actions before reaching a particular milestone. These actions offer insight into how users interact with your app on a micro-level.
There are two types of micro-conversions:
Process Milestones – are the steps taken toward a primary macro-conversion. These highlight the junctions throughout the customer’s journey where UX improvements are needed.
Secondary Actions – are not your primary mobile app goals but desirable actions that indicate interest and potential for future macro-conversions. Over time, secondary actions such as sharing content or following a topic may predict a future macro-conversion.
Macro-conversions are the primary milestones or goals. These are the actions products teams should pay the most attention to. Macro-conversions directly tied to the app's primary purpose can be tracked. Examples of a macro-conversion include downloading the app or, if your app focuses on selling items, completed purchases.
Not all your app users will have the same intent.
Boosting your mobile CRO game helps to better understand users and identify conversion funnels to increase business value. You'll gain valuable insight into their interactions, common patterns, and the bottlenecks and frustrations that may block them from converting.
In addition, tracking mobile app micro-conversions shows you how well your app works to support macro-conversions.
A CRO audit helps to reduce your customer acquisition costs by increasing the value received by your current users. User insights and CRO analytics will help you identify successful customer journeys and the flows needing improvement. The data collected can be used to segment customers and develop a customized sales funnel to lead them to more fitting offerings.
One way to keep returning users sweet is by making them feel appreciated and valued. Displaying a warm, personalized "welcome back" message at key moments throughout their journey, for instance, is effective.
Analytics are the cornerstone for optimizing your mobile app conversions. Mobile app behavior analytics supports products teams in understanding:
How people interact with the UI. What elements are clicked on the most and least? Which screens are problematic and cause frustration and rage taps?
How users navigate through the app. What are the most and least common paths? Where are the most drop-offs and exit paths? What are the differences between customer segments?
Do bugs or crashes occur? What happens in the UI when they happen?
Mobile analytics depend on software development kits (SDKs). These are tools and programs to integrate analytics with your mobile app. SDKs save development teams time since they only need to install pre-written code into the app.
Invest in an analytics tool compatible with your app's native platform. Android, iOS, Hybrid, etc. And choose one that allows you to track all users and events automatically. In addition, consider customizable data retention sessions to measure and conduct long-term analysis.
UXCam is a leader in mobile app analytics. It offers a lightweight SDK to maintain responsiveness and smooth app performance while analytics is gathered in the background. Its granular insights are ideal for understanding and tracking micro-conversions.
A solid mobile CRO process begins with mobile-specific research. You can understand your app users through ongoing research to help you develop a solid hypothesis to test against.
Research also plays a key role in creating specific mobile app experiences. For example, analysis and testing may be carried out on different mobile devices. Data regarding issues identified on particular devices can be used to develop app versions tailored to each device.
User surveys are also ideal for learning customer attitudes, and results can be segmented based on device type, then used for better mobile experiences across the board.
Finding your app's highest-converting conversion path is more accessible using a comprehensive user behavior tool offering user journeys and funnel analytics.
Moreover, heatmaps highlight the UI areas focused on the highest and lowest-converting flows. You can use heatmap data to optimize these flows by prominently placing your CTA's where they are more likely to be seen. However, stick to one CTA per key page, e.g., the home or start screen, as cluttering screens with multiple CTA's can confuse and create a complicated flow.
In addition, use persuasive language to encourage action. You'll likely need to conduct A/B testing to see which language/wording is the most effective.
To increase adaptation, the onboarding process is a perfect opportunity to communicate your app's value and make a great first impression. Consider making your potential customers feel invested from the start by offering a subset of features they can interact with.
Your app users need speedy app performance for a satisfactory experience. And users notice delays in app response as short as 1/10th of a second. Any increase in delay can reduce user experience, and such interruptions reduce app conversion.
A case study found that mobile app pages that load faster by just one second saw a 27% increase in conversion rate. Look at the correlation between page loading times in seconds and bounce rate percentage below.
What's more, faster load times improve SEO. Several ways to improve your app's performance include optimizing images, database queries, and caching, so it’s best to keep on top of optimization.
Another way to accommodate for impatience and reduce frustration is to improve the readability of content. Break text into smaller chunks and use lots of white space to make it more skimmable. More visuals and shorter headlines also help.
According to research, 17% of consumers abandon their shopping carts due to a long or complicated checkout process. And here are some other reasons for app abandonment:
Consider the following to offer a seamless checkout process for your users:
Use necessary form fields only
Keep the checkout process steps minimal
Include a checkout progress bar
Offer several payment options
Accommodate guest checkout
Users typically feel that it is safe to convert using your app once the safety of their personal information is guaranteed. And especially when your app is new to the market, building trust and security confidence can be challenging. Here are some ways to gain your user's trust:
SSL certification is a must! This provides a secure transition of sensitive information
Include trust badges for legitimacy somewhere prominent, usually the home screen
And for more legitimacy, include reviews and testimonials from happy customers
Assess how well your CRO strategies are working by comparing your conversion rate to your previous conversion rates and your competitors.
When comparing with competitors, you can determine whether yours is better, not as good as, or is on par with similar mobile app developers in your industry.
Conversion rate calculation is straightforward. It's the number of users performing a particular action, then dividing it by the number of users. For example, if 34 out of 200 user who signed up for a free trial purchased a premium subscription this month, you would divide the number of users who performed the action by your total users; here's how:
Effective CRO is achieved through thoroughly understanding your customer's journey and app experience. Addressing their pain points and frustrations and giving them more of what they like helps to achieve conversions. The two conversion types are macro-conversions – essentially converting, or an indication of interest that could lead to a conversion later, micro-conversions.
UXCam is the right tool to highlight the actions leading up to both types of conversions. Your product teams will know which customer journeys to tweak or those requiring a complete overhaul.
Ardent technophile exploring the world of mobile app product management at UXCam.
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