AARRR Framework
The AARRR framework has been like a roadmap for our project. We used it to improve our marketing, make our platform more user-friendly, and keep people interested over time. The framework also inspired us to encourage users to invite others, growing our community naturally. Lastly, it guided our decisions on how to make the project financially sustainable while keeping our users happy. In short, the AARRR framework has been a key tool, showing us the way at every step and contributing to the success of our project. Instructions: This board is designed to provide insights into the key stages of user engagement and business growth using the AARRR framework: Acquisition, Activation, Retention, Referral, and Revenue. Follow these instructions to navigate and utilize the board effectively:
1. Acquisition:
Explore the "Acquisition" section to understand marketing strategies and initiatives to increase brand visibility.
Look for conversion metrics related to platform visits and user registrations.
2. Activation:
Navigate to the "Activation" section to discover advertising and PR efforts leading to user sign-ups.
Examine conversion metrics focusing on the percentage of first-time users.
3. Retention:
Move to the "Retention" section to understand user communication strategies and encourage long-term engagement.
Evaluate the conversion metric for maintaining a high percentage of active users.
4. Referral:
Visit the "Referral" section to explore referral programs and initiatives driving user recommendations.
Analyze conversion metrics related to friends invited through referrals.
5. Revenue:
Examine the "Revenue" section to understand sales strategies and subscription-based revenue models.
Review conversion metrics associated with the monetary value of each subscription.