What is retention rate?
Retention rate is a critical key performance indicator (KPI) that shows the number of active users who are using a particular product (app, website, cloud-based platform) at any given moment. For app marketers, it shows what percentage of users are still using the mobile app so they can determine in-app customer engagement rates.
The retention rate is the total number of unique users that activate at least one session, divided by the number of installs within a given time period.
Example of retention rate data
Interestingly, higher retention rates can persist following efforts to increase cost-effective user acquisition. Even after 30+ days, over twice the number of deferred deep linked users are still using the app, compared to ones who came from a standard, one-size-fits-all welcome experience.
For the companies that analyze the ever-important customer lifetime value, these increased retention rates are a sight for sore eyes. Deep links can bring customers who are staying, sharing, and even paying, for over twice as long. Better yet, this example is not an outlier. This is just one of a few thousand examples where we’ve seen deep linking through install to yield dramatic results on app performance. It seems to be consistent across all app verticals.