Did You Know You Can Increase User Retention Rates By 30%?
The success story of ALTBalaji, originally published on WebEngage.
All businesses aspire to rule their specific industries at some point in time. But acquisition alone is not going to honor your purpose. Retention too plays a major role in helping you climb up the success ladder.
Want to know how? Here’s the success story of ALTBalaji, who was determined enough to scale up its retention in order to boost the videos watched on its platform.
ALTBalaji is a Subscription-based Video-On-Demand (SVOD) platform and is a fully owned subsidiary of Balaji Telefilms Ltd. Available across multiple interfaces ranging from desktops, laptops, tablets, smart-phones, game stations to internet-ready television, ALTBalaji marries state-of-the-art technology with gripping storytelling. They are one of India’s leading Over-The-Top (OTT) media players with over 100 hours of original content belonging to a wide variety of content categories.
Conversion Goal — Increase Content (Video) Views
As India progresses steadily to the maturity stage of the smartphone era, the confines of closed-room television viewing have started to disintegrate. Fuelled by access to better tech and the proliferation of 4G mobile data, consumer behavior is evolving. Consumers want video-on-demand on their smartphones, personalized to their tastes and preferences, devoid of advertisements with full control over the multimedia experience. This behavior is not unique to urban millennials or the generation Z brigade. It has penetrated deeper into older age groups with the emergence of multiple OTT players and new, varied content. According to KPMG, there are currently 200 million online video viewers which will double in the next 2 years. The opportunity is ripe for OTT Media to shine.
ALTBalaji realized the high-intensity impact of content consumption early on. They wanted to drive User Retention and ensure that users who landed on their platform or downloaded their mobile app view the platform’s video content. For this, they enlisted the help of WebEngage’s Marketing Automation platform to create intelligent User Journey campaigns.
The WebEngage Effect
Here, we will be analyzing a journey that ALTBalaji ran to increase the video views for users of their Android mobile app.
This journey has 2 event-based Entry Points
- On App Install
- On App Upgrade
Once a user installs/ upgrades the app, this journey gets triggered for them. It has been designed for the sole purpose of maximizing platform video views. The journey employs a two-pronged communication approach to user engagement: Push Notification & Email.
The aim is to pitch high-rated content to users who haven’t played any video so far after installing/ upgrading the app. The base logic is to expose users to their content and create a need in the user to consume more content from there on. Users would want to stay on the platform for longer and keep coming back in the long run to consume more video content.
Event Trigger 1 — App Upgrade
Once a user upgrades their app, the system waits for them to play a video for up to 3 hours. If the user doesn’t perform the video play event in the stipulated time, then the system checks user’s availability on the push channel. If the user is available via push notification, then the journey triggers a push notification to the user’s mobile device:
It promotes the platform’s flagship show to the user with a strong visual notification, highlighting the show’s exceptionally high IMDb rating.
Event Trigger 2 — App Install
Post app installs, the system waits for 5 minutes and then carries out a check to confirm user’s availability on the push channel. If the availability is negative, the same check is carried out again after a 30-minute gestation period. If the user is available on the push channel, then a push notification is served to the user which looks like this:
These were individually unique push notifications that went out in both entry points. Now, the journey unifies both entry points with an email campaign.
If users originating from both the entry points are not available on push, then the system waits for 1 day and performs a check for email availability. If the user is available over an email, then an email is sent to the users that looks like this:
If the user is not available over an email, then the journey ends for them right there.
Now that the journey has been explained, let us take a look at some of the numbers for the month of January & February. This particular journey was started in February, which is why we will be directly comparing the stats from that month with the numbers from January.
According to certain research reports, apps are bound to lose over 77% of their DAU (Daily Average Users) in the first 3 days. ALTBalaji managed to counter this known issue with their elaborate User Retention strategy powered by WebEngage’s Journey feature. One month into running the Journey, the results started flowing in and retention numbers started climbing up. The contextual, timely nudges deployed by the platform enhanced engagement on the back of intelligent triggers. This not only increased the possibility of user engagement but added more value to the user experience by creating a relevant, guided flow for users. We studied the cohort performance to understand the effect on day-wise retention numbers.
Defining the Cohort — Users who installed the app and played video content
- First event = App Install
- Return Event = Played Video Content
We analyzed the Cohort’s Retention percentage for the months of January (before starting the Journey) & Feb (after starting the journey). This basically represents the percentage of users who installed the app and came back on the respective days to carry out the return event, i.e. played a video on the platform.
- % Change for D1 Retention MOM: 30% improvement
- % Change for D3 Retention MOM: 51% improvement
- % Change for D6 Retention MOM: 77% improvement
- % Change for D7 Retention MOM: 75% Improvement
The Implementation of Journeys was instrumental in increasing retention rates for the brand.
- 1 month after starting the Journey to increase video play event after app installs, ALTBalaji witnessed a significant increase in the Day 1 to Day 7 retention percentages.
- By leveraging contextual nudges via Push Notification and Emails, ALTBalaji managed to increase user engagement intelligently and drive more users into playing video content on the platform.
- A control group experiment confirmed this, with the focus group managing to garner higher conversions powered by the WebEngage journey, as compared to the control group that wasn’t exposed to the Journey. The journey that they ran helped them get a 9.51% uplift in terms of their conversion event, i.e. Video plays.
“Keep them coming back for more”. That’s what ALTBalaji set out to emulate, and they have managed to crack the retention problem rather effectively with the intelligent use of Marketing Automation and contextual engagement.