How To Increase Your App Lifetime Value By Over 500% Using Email Marketing

Bluecloud Podcast: Build an App Business | App Marketing | Make Money With Apps | Passive Income | App Development

Carter Thomas: Appreneur, Business Strategist and App Marketer, Carter Thomas: Appreneur, Business Strategist, and App Marketer द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Carter Thomas: Appreneur, Business Strategist and App Marketer, Carter Thomas: Appreneur, Business Strategist, and App Marketer या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।

7+ y ago 14:06

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How To Increase Your App Lifetime Value By Over 500% Using Email Marketing

A few years ago, all of us relied heavily on the app store for downloads.

Paid traffic simply wasn't an option, harnessing the web was impossible to measure.

Now we have Facebook Ads and can purchase installs for (literally) pennies on the dollar. Awesome right?

Sort of.

This solves our customer acquisition costs but failed to address the other half of an ROI – the return.

What good is paid traffic if your app has a lifetime value of $0.05?

In this video I want to show you how you can leverage email marketing to dramatically increase your user lifetime value which will eventually make you ROI positive on your marketing spend.

What you need to know:

The current app monetization strategy focuses on INTERNAL factors – advertisements, in-app purchases and subscriptions. Our best option of creating more revenue is to get people to re-engage with the app over and over or to get infinitely cheap installs.
By creating revenue streams OUTSIDE the app, you create a new buying environment, one that is not beholden to the traditional app psychology.
Collect emails from your users inside your app
Send them into a highly valuable auto-responder series
Sell them a high quality, targeted product
Measure what works

If you do this enough, you'll find that you get a conversion rate on your product sales that makes the complete marketing funnel profitable…something you never would have been able to achieve before.

Over the next 3-6 months I will be releasing more information + software around this process.

It's a very powerful strategy that requires a mindset shift for any developer out there. But once you make it, you could be entering a whole new world of profits.

Talk soon,

Carter

The post How To Increase Your App Lifetime Value By Over 500% Using Email Marketing appeared first on Bluecloud Solutions - App Marketing.

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