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WWW.TECHCXO.COM 1 5 Must Haves for Launching a Successful Mobile Product WWW.TECHCXO.COM TechCXO

5 Must Haves for Launching a Successful Mobile Product

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Page 1: 5 Must Haves for Launching a Successful Mobile Product

WWW.TECHCXO.COM

1

5 Must Haves for Launching a Successful

Mobile ProductWWW.TECHCXO.COM

TechCXO

Page 2: 5 Must Haves for Launching a Successful Mobile Product

Agenda

1. Introductions2. Setting the stage3. Understanding what’s possible with current

technology4. What’s your marketing plan?5. A killer UX for a killer app6. Be prepared to iterate based on analytics7. What else does it take to succeed?

Topics & Speakers

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Daniel Katcher
Time budget 1 hr- 5 min intro Wilmer Hale- 5 min: setting the stage- 10 min: 1) Understanding the technology- 10 min: 2) Marketing- 10 min: 3) UX- 10 min: 4) Analytics and Iteration- 10 min: 5) The total execution plan- 5 min: Wrap up
Page 3: 5 Must Haves for Launching a Successful Mobile Product

We live in a mobile-first world

Since 2013, people have spent more time on mobile devices than on

traditional computers.

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Page 4: 5 Must Haves for Launching a Successful Mobile Product

We live in a mobile-first world• 59% of digital shopping occurs on mobile

devices.• 50% of time spent on any digital media occur

on apps.• 90% of all time spent on mobile is spent in

apps.• Yet in 2016, enterprises are allocating less to

mobile than in 2015.

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Page 5: 5 Must Haves for Launching a Successful Mobile Product

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Understanding today’s technology is critical for a new

business

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Our mobile ecosystem is complex!

Apple (iOS, tvOS,

macOS, watchOS)

Google (Android,

ChromeOS, Wear)

Cloud (AWS, Heroku, MongoDB, PostgreSQL, Node.js, ...)

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Understanding technical trends is key• AWS has made cost and speed of creating new cloud based businesses very small• IoT is growing like crazy• Bots and AI - deep learning and computational infrastructure has made AI real

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Page 8: 5 Must Haves for Launching a Successful Mobile Product

Understanding what’s possibleYankee Candle Scent Systems

● Allows one field agent to manage an entire hotel, warehouse, or office.

● Take advantage of cutting-edge Internet of Things (IoT) technology.

● Monitor stations for repair needs, refills, and real-time statistics.

● “Our competitors just can’t do anything like this.”

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Understanding what’s possibleSheet Music Direct Play Along

● World’s leading sheet music company.● Empower musicians in learning, recording,

performing.● Features tap into power of iPad:

input/output, microphone, speakers.● A professional-level portable recording

studio.

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Daniel Katcher
I think we should use the Harvard Onella lab case study (not yet written) as a better example here. It succeeds because of the emphasis on big data and what's possible to collect via phones. Downside is screen shots and visuals are very simple but it's more interesting
Robert Woo
I think SERMO is still a good choice. It looks great and it's a great story. Sure it's not doing so hot, but it's still a great app to showcase.
Page 10: 5 Must Haves for Launching a Successful Mobile Product

Take Away #1: Understand Today’s Technology

Understand the platforms, understand technology,

understand trends. If you do that you can radically remake

your business.

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Daniel Katcher
What's the value prop for the end user; Understanding the needs of the end user and client and then being able to recommend the right solution based on best technology
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Key Components to Killer Marketing

Plan

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Why Marketing

Tremendous Competition

Marketing: Equal Partner with Product

Don’t get lost in the crowds

2.2M 2.0M

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Marketing Getting Started

2. Validate idea & UCV: Non-biased competitive analysis

3. Select target buyers

4. Size market & revenue model

5. Choose name & keywords carefully

1. Determine business goals

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Marketing Getting Started

7. Build online presence immediately

8. Think through AARRR

9. Determine budget

10. Test, Measure/Adjust, Test

6. Do the basics: Objectives/Goals/Strategies/Tactics

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Choose Your Revenue Model

Pricing models• One time, Up-front fee• Up-front fee + in-app purchases• Free + in-app purchases• Free (“lite version”) + paid version• Free + advertising• Subscription• Cross Promotion

What to charge• Market research is your friend• Experiment

– Easier to lower price • Remember commissions & refunds

Does Your Pricing Pay the Bills?

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The Launch is the New Beginning

Users are your Best Or Worst Friend

Make it easy:• Good ratings to App

store• Bad Ratings to support• Allow / Enable Users to

Contact You• Customer issues

addressed often become customer advocates

• Monitor, Monitor, Monitor

Page 17: 5 Must Haves for Launching a Successful Mobile Product

AARRRAcquisition, Activation, Retention, Referral, Revenue

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Page 18: 5 Must Haves for Launching a Successful Mobile Product

Take Away #2: Start Marketing Early

Consider marketing a partner. Plan the entire marketing

process, but don’t overthink. Test, measure, adjust.

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Great UX - easy, simple, beautiful,

memorable

Page 20: 5 Must Haves for Launching a Successful Mobile Product

A Great User Experience is Key to Retention

On average, new apps lose 80% of users

within the first 3 days.

A great User Experience (UX) is the

key to retention.

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What Makes for Bad UX?

• It doesn’t address a need• It has bad on-boarding• It doesn’t deal with empty states• It’s buggy• It’s slow• It’s confusing• It’s inconsistent• It doesn’t look amazing

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Today’s bar is set by social and games

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Page 23: 5 Must Haves for Launching a Successful Mobile Product

Key Components of Experience

• Affordance• Feedback• Simplicity• Structure• Consistency• Tolerance• Accessibility

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Page 24: 5 Must Haves for Launching a Successful Mobile Product

KidConnect - Simple and Effective

● Designed to help autistic students.

● Very simple UI, for both students and teachers.

● No unnecessary information.

● Collects data for later analysis.

● Result: Kids use the app to work out feelings, leading to more time spent in class.

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Daniel Katcher
Perhaps using PCB living as another example which has polished graphics and looks great, in addition to solid UX
Robert Woo
What is PCB living?
Page 25: 5 Must Haves for Launching a Successful Mobile Product

Take Away #3: Great UX is a process

Great UX is deliberate.Great UX takes time.

Great UX is always worth the effort.

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Data - Be prepared to iterate based on

analytics

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The Mobile Closed-Loop

Mobile Customers

Technology

Analytics

Marketing & Sales Strategy

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TechnologyData Generation & Management

Web Analytics

Marketing Automation

SEO & Other Tracking Software

Salesforce / CRM

Analytics Packages

Dashboards

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AnalyticsKPIs: Taking Data & Deriving Insights

Lead Analytics Web

Analytics

Conversion Analytics KPIs

Pages Per Visit

Lead Sources Contribute to Revenue. CAC & CLTV

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Take Away #4

Mobile marketing and product / service offerings adds a new wrinkle to strategy, the marketing mix and analytics — don’t underestimate the importance of the combination.

Combining source data and deriving analytics requires a re-examination of the role of new and in-place strategy, technology and processes.

Expert help is available.

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And don’t forget the rest!

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Execute across all aspects

• Financial• Business model• Investment / budget

• Organizational• Right people doing the right things• Dev Ops, Data Ops, and Product, not just Design & Dev

• Product management - continuous and critical• Legal - patents and policies

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Page 33: 5 Must Haves for Launching a Successful Mobile Product

Steps to Success

1.Concept2.Development3.Marketing

1.Analysis2.Feedback3.Updates

Execution

Iteration

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Page 34: 5 Must Haves for Launching a Successful Mobile Product

Take Away #5: Execute, Execute, Execute

Great Execution&

Constant Iteration

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Page 35: 5 Must Haves for Launching a Successful Mobile Product

WWW.TECHCXO.COM

Conclusions

1. Understand today’s technology

2. Killer marketing plan started early

3. Great UX is planned

4. Study your analytics and iterate

5. Execute across all aspects

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Page 36: 5 Must Haves for Launching a Successful Mobile Product

WWW.TECHCXO.COM

36

5 Must Haves for Launching a Successful

Mobile ProductWWW.TECHCXO.COM

TechCXO