Average Daily Revenue Per Daily Active User (ARPDAU)
DAU
What
How many total people used app on a specific day?
Calculate
adding the child metrics
New Installs
Returning Users
New Installs
What
How successful are we at getting new users into our app?
Calculate
adding the child metrics
Organic Installs
Deep Link Installs
Returning Users
What
How successful are we at getting new users to come back
Calculate
multiplying retention rate on day [x] with the Install Cohort (new installs from [x] days prior) and summing over all [x] days
ARPDAU
What
Average Revenue Per Daily Active User
How well am I monetizing my entire user base?
Calculate
multiplying the child metrics
Daily Conversion
Average Revenue Per Paying User
Daily Conversion
What
What percentage of my active users see enough value to spend money?
Calculate
adding the child metrics
New Buyer Conversion
Repeat Buyer Conversion
ARPPU
What
Average Revenue Per Paying User
Of the users who see enough value in my app to spend money, how much are they willing to spend?
Calculate
multiplying the child metrics,
Average Transaction Value
number of transactions an average buyer makes
HEART
Happiness
Measures of user attitudes, feedback and resolutions
Satisfaction
Perceived ease of use
Engagement
Level of user involvement with the product. It measures the frequency, intensity, or depth of a user’s involvement with your product
Number of visits per user per week
Minutes per app session or per day
Adoption
Gaining new users of a product or feature to understand how the public reacts to news. The number of users who use a feature or product for the first time
Upgrades to the latest version
New subscriptions created
Purchases made by new users
Retention
The rate at which existing users are returning. The continued repeat engagement of users with the feature or product over time. Maintaining a satisfied user is a tough job.
could be measured in % of users
Number of active users remaining present over time
Renewal rate or failure to retain (churn)
Repeat purchases
Task Success
Efficiency, effectiveness, and error rate of a user completing a task with your product’s workflow
Search result success
Profile creation complete
WHAT TO DO TO OPTIMIZE UX
Learnability
Effectiveness
Efficiency
Memorability
Error Prevention/Handling
Build The Goals-Signals-Metrics process
Metrics
Why
to answer questions
to make better business decisions
to come conversations and insights to help teams succeed
!
use multiple metrics
never rely on a single metric
good metrics should surprise you every now and then