4 Mobile App KPIs To Maximize Your App Revenue
Team Branex
The mobile app development industry is expected to hit the mark of 80 million dollars by the end of the year 2020. The question that all Entrepreneurs and small business owners need to answer is, are they willing to be a part of that business's success, or are they gambling their lives just to survive on the website?
By the end of the first quarter of the year 2017, there is a 15% increase in iOS and Android new app downloads. With a drastic rise in the statistics, the competition is turning out to be a ‘Tug & War’.
Today it is not just about the idea of the app. It is about how to develop a mobile app, from beginning to release and the download.
But in this era, there is some twist in the story. Entrepreneurs and small business owners are now realizing that app download is not just the only way to predict the app's success; in fact, other mobile app KPIs need attention.
In this blog, we will be focusing on some necessary mobile app development KPIs that will surely maximize your mobile app revenue:
The longer your user spends time on your app, the greater will be your chance to make more money. So, before rushing yourself into creating a mobile app, spend some time alone to ask these questions. Does your mobile app offer a significant amount of content, and quality features to stick the users? What are the major navigation issues that you need to sort out before starting the mobile? And most importantly what will be the flow of your mobile app?
You can then use this behavior to pivot your app and make it more user-friendly. Make something that the user needs, and give your best efforts to make it as simple as possible.
Is it a service-type app (like news, weather report, or sports update), an everyday app like entertainment, or a gaming app? Whatever type of app you are making, ensure that you figure out how you will engage your more users.
You need to figure out how you will entice your users to revisit your app a couple of times a day.
Focus on individual screens and sort out the problem. You can even ask users for feedback to get straight feedback from the users.
Identify the problem and sit with your developer to solve the issue.
Also Read: 8 Must-Have Mobile App Features for Small Businesses
1) Time Spent on the Mobile App
How much time do you spend on Facebook, Instagram, or on Twitter? For me, it is unlimited. No doubt these are social media websites that are bound to engage the users. But do you really know how much money these apps are making? Let me give you an idea. In a period of 4 years, Facebook has created a $13 billion mobile advertising business. Now isn’t this something?
The longer your user spends time on your app, the greater will be your chance to make more money. So, before rushing yourself into creating a mobile app, spend some time alone to ask these questions. Does your mobile app offer a significant amount of content, and quality features to stick the users? What are the major navigation issues that you need to sort out before starting the mobile? And most importantly what will be the flow of your mobile app?
Also Read: Top 5 Mobile ad trends to look out for the year 2017
If there is a decrease in session time, it means users are not interested in your app. This also means that you need to offer more quality content in your mobile app.2) Frequency of Usage
After you have done with the session time, it is now time to move on to the next step, and that is the frequency of usage. By examining the frequency of use, you will be able to see the proportion of heavy users vs light users. Next, use segmentation to focus on the frequent users and observe their behaviors.
You can then use this behavior to pivot your app and make it more user-friendly. Make something that the user needs, and give your best efforts to make it as simple as possible.
Also Read: Android vs iOS: Which is better?
3) Repeat Customers
Are the users addicted to your app? This is a strong KPI matrix that can drive your app sales. But first, you need to decide what insights you need to analyze this KPI. You need to start with a goal in mind for your app.
Is it a service-type app (like news, weather report, or sports update), an everyday app like entertainment, or a gaming app? Whatever type of app you are making, ensure that you figure out how you will engage your more users.
You need to figure out how you will entice your users to revisit your app a couple of times a day.
4) Exit/Bounce Rate
The final matrix is the exit rate or bounce rate. Analyze your app bounce rates and see why users are exiting from certain pages without taking any action.
Focus on individual screens and sort out the problem. You can even ask users for feedback to get straight feedback from the users.
Identify the problem and sit with your developer to solve the issue.

The Ionic team is working on launching an easier way of creating apps through Ionic Creator. Its release is expected soon and it will also have a drag-and-drop option to ease first-timers and is going to make the creation of a mobile app possible in minutes.
Moreover, it doesn’t even have any kind of jQuery dependencies and it strips out responsive media queries as separate files so the user doesn’t have to work on them individually. All that is required by the user is to have some Angular JS directives that would aid in the creation of the mobile apps.
It also provides a live preview on the connected device while you are busy developing the app to identify and fix beforehand. Talking on a personal level, doing development through the Intel XDK is a child’s game as it provides the drag-and-drop option as well.
The main ingredient that it uses is Alloy. Alloy is an MVC framework that permits quicker development of apps and the mobile apps that are created using it are easy to reuse and help in significantly reducing the development time and lines of code written. It also comes with code samples to make it easier for novice developers to get started.
The score ratio of Sencha is really high in comparison with its competitors because it provides a native look and feel to the mobile app developed on it, for multiple platforms. Although getting started with Sencha is not too difficult, a significant investment of time is definitely needed by someone new to get the best results possible. Samples are there on the official page of the app development platform for the initial help of novice developers.
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If you are a struggling Entrepreneur or a startup, you can surely relate to this situation. Innovation, when not done at the right time, leads to ultimate failure. It is official now: mobile apps are an integral part of the recipe to success in the new era (even ladies gossip about them in the country clubs). Formerly a futuristic phenomenon & a billion-dollar market that is clearly here to stay, the mobile app development industry is here to stay.
So, 
The tech tycoons are integrating AI algorithms into their products to entice users. This synthesis helps in engaging the customers just like Amazon’s delivery Prime service.
Moreover, these are self-learning apps that evolve into consumer behavior. Furthermore, the businesses will be able to utilize the data that apps are collecting over the online platforms.
However, what makes a mobile perfect for the fusion of AI is its different range of personalization options. Smartphones are well aware of geolocation which is then used by AI to provide specific discounts to its users. These technologies can also be used to do pattern recognition of people and offer services based on their preferences.
While artificial intelligence now includes multiple fields other than mobile app development, its strong growth in usage in this area is a potent sign of just how much of an essential tool it has become when creating your apps. Nonetheless, it is still arguably a new frontier for most of today’s app developers.
What’s known, though, is that AI is rapidly becoming one of the prime determinants of the course that the development of most of today’s apps should take. If you are still confused about how great AI is in mobile app development, you can clear your doubts with the following tips:
The best approach to start anything is to get yourself well-equipped with the relevant information & then incorporate this information to help yourself with the AI. While the field is still new, the companies now realize the