How do the successful companies build revenue in mobile? For most, this won't happen and for good reason - they are chasing the wrong goal. This presentation gives insight into how the companies that have been able to find the mobile revenue sweet spot did it. Whether you are building new business models or trying to extend your existing company into the mobile world, this presentation highlights the metrics you should be focused on in order to succeed.
Nothing lasts forever - especially when it comes to mobile revenue - but it is your duty to extract as much of it as possible in the time you have. In this talk you'll hear about the most prominent sources of revenue and learn ways to increase your lead conversion, user retention and revenue lifecycle for your app.
16. KEVIN CHENG
founder of DON.NA personal assistant app
ON REVENUE
1. When the service is at a point
that the value is obvious to the
user
2. When the user relies enough on
the service and that removing it
would be painful
3. When the company’s roadmap of
features is complete
Based on UNTETHER.tv episode #470: Putting
context and Donna Moss in your pocket – with
Donna co-founder Kevin Cheng
21. KEITH TEARE
founder of mobile social network just.me
ON GAINING 5000 USERS FOR HIS APP
“It would cost me about
$1,000,000 to get 5000
users for our app on iOS
and $10,000,000 to get
the same on Android.”
22. THE M-REVENUE EQUATION
ADU (or AMU) = UTiA = $
*
* Average Daily Users
** Average Monthly Users
*** User Time in App
**
***