Recently, I watched a video where another analytics vendor presented their take on which mobile platforms and channels retail companies should be investing in. What was their conclusion? Focus on the iOS platform. They were wrong and here’s why:
Big Mistake #1—Used Faulty Data
Big Mistake #2—Ignored Mobile Experiences
Mobile initiatives were not included in the analysis (e.g. mobile-optimized sites, mobile apps, etc.). As I’ve discussed before, providing mobile-optimized experiences can produce a very positive impact on key metrics. In fact, these experiences can easily double engagement and other key metrics for mobile users—something companies in Japan have known for years. Leaving out this very important leverage factor produces a faulty bias towards the iPad and by extension iOS.
To illustrate, I’ve included a segment of actual customer data (see chart below). You’ll note for this particular customer, revenue per visit for iPhone visitors is only average compared to other devices on both mobile and standard channels. In addition, the most productive mobile device on the standard site is the iPad both in terms of total revenue and revenue per visit. When you compare iPad performance on the standard site to the mobile site, you’ll notice revenue per visit is much lower on the mobile site—an indicator that iPad usage aligns more closely with the profile of a desktop user than that of a mobile user.
After factoring out the iPad and including the impact of optimized experiences on other mobile devices, iOS mobile revenue contribution comes in around 60% for this customer. That’s still a big number but certainly not large enough to justify an exclusive focus on iOS.
Big Mistake #3—Projected Segment onto the Market
Based on a handful of retail customers, the expert made a recommendation for the entire market. In reality, behaviors, usage patterns, and business objectives vary widely even between companies in the same industry. Given these and other differences, using another company’s results to define your own strategy is foolhardy at best.
Where You Should Invest
So which mobile platforms and channels should you invest in? The ones that bring the best ROI for your business! Keep in mind these channels and platforms may not be the ones recommended by the so called “experts”.