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From acquisition to referral: How to analyze your AARRR funnel with MyTracker's product marketing reports

AARRR is a marketing and product framework which helps build a transparent metrics structure for all members of a team and answer important product-related questions.

You can learn more about the AARRR framework and its stages in our guide. In this article, we’re going to look at how you can assess the efficiency of each stage using MyTracker reports.

AARRR funnel

Acquisition reports

Acquisition is the stage where users learn about a product while the business identifies the audience profile and acquisition channels.

Examples of acquisition metrics

MyTracker offers various traffic assessment solutions which can help you track key marketing metrics and carry out in-depth research on new audiences.

All of these tools are available to MyTracker clients. Still don’t have an account? Get started here! It’s fast, easy, and completely free.

Analyzing acquisition with the Audience Acquisition dashboard

The Dashboard is your primary tool as far as acquisition analysis is concerned. To get up-to-date info on the performance of your ad campaigns, use the Audience Acquisition tab.

Here, you will find a dashboard with all the most important metrics and charts. You can track campaign performance for any given period and apply filters (e.g., by partner or campaign).

analyze user acquisition

Let's say your project goal for the month is to attract 50,000 new users. It'll take you just one click to open the report and see how close you are to the target. Pay attention to the key metric New devices and to the chart showing user acquisition trends. Having a trends breakdown to hand enables you to assess the likelihood of meeting your targets, as well as to optimize the project budget and streamline acquisition processes accordingly.

Analyzing acquisition using the Report Builder

If you're looking for more detailed information, use the Report Builder. This is a useful tool for in-depth analytics that allows you to apply additional settings, filters, and dimensions.

Say you want to compare several ad campaigns launched this month in terms of their CTR (click-through rate) and CPI (cost per install) metrics. Here’s how you can do that.

CTR can be found in the Basic metrics menu. If you don't see a metric you need in the Report Builder, you can add it manually. So, to add the CPI metric in the builder: Select from listCalculated metrics+ calculated metric.

acquisition metrics

Add the partner and campaign filters, and build the final report. It shows that MyCampaign_1 is the best performer in terms of CTR and CPI.

report builder

Any such report can be saved as a template and reused. To do this, simply click Save as template.

Analyzing acquisition using MyTracker's Templates

To make report building that much easier, MyTracker has templates, including ones for analyzing user acquisition. You can view them by going to ReportsTemplatesDefault templates.

how to analyze user acquisition

Template reports in MyTracker eliminate the need to apply selectors and structure reports from scratch every time. They can also be used as the base for new reports.

You can enable email subscription to receive important reports at any convenient time and keep tabs on your product's metrics. Just enter your email in the Email subscription field when creating a template.

Activation reports

Activation is the stage where the user has an “Aha!” moment and realizes the value of your product.

Examples of activation metrics:

Analyzing activation in the Report Builder

Each product has its own key action, so we often have to rely on custom events to assess user activation. We’ve already shared some tips on configuring custom events in an app, and now we’ll take a closer look at how these events can be analyzed in MyTracker.

To enable the tracking of custom events, you first need to set up the SDK for iOS, Android, Unity, Flutter, and web platforms, or send the events via S2S API.

Let’s say we've learned that users remain active in the product and make purchases upon reaching level 3. In this case, the key activation event for our app would be getting to the third level.

On to the Report Builder to generate a report for this event. Configure the relevant filters: Other filtersCustom eventsCustom event names.

custom events tracking

Since we’re analyzing a funnel, it's important to know exactly where users come from. This helps us understand which ad partner or campaign brings in the most active users.

Suppose we wanted this month to be an experiment and launched an ad campaign with a new partner – MyPartner_2. We would want to know the number of attracted users to compare it with that of MyPartner_1. The key metrics here are the conversion from installs into active users and the cost per active user (CPAU). Now, let’s create the relevant calculated metrics.

analyze campaigns

As we can see from the report, the number of installs between the campaigns is more or less the same, but MyPartner_2 shows a much lower rate of conversion to activation compared to MyPartner_1 (24% vs. 48–51%), as well as a higher CPAU ($4.3 vs. $1.5).

As we can see from the report, the number of installs between the campaigns is more or less the same, but MyPartner_2 shows a much lower rate of conversion to activation compared to MyPartner_1 (23% vs. 44–47%), as well as a higher CPAU ($4.5 vs. $2).

Mapping out the path to activation

Apart from comparing advertising channels, it's crucial to understand what stands in the way of the coveted “aha” moment. Mapping out the steps preceding activation is a way to find out. It can identify bottlenecks that prevent users from seeing your product’s value, be they too-complex sign-up or a lengthy onboarding process. MyTracker has just the tool: go to ReportsFunnels.

For instructions on how to build a funnel, see our illustrated guide.

how to build a product funnel

Take the abovementioned game as an example. The “aha” moment is preceded by five key steps: Registration → Onboarding → Level 1 → Level 2 → Level 3.

Say you build a funnel and see that the bulk of users quit the app at step 3, i.e., during the game's first level. This makes level 1 the bottleneck, either because it's too difficult or for some other reason. You need to run step 3 optimization hypotheses and keep tracking the conversion rate post-update.

user journey funnel

Retention reports

At the retention stage, your goal is to motivate users to return to the app and perform actions in it.

Examples of retention metrics:

Analyzing retention using the Retention dashboard

MyTracker features a separate dashboard for monitoring retention: go to ReportsDashboardRetention. Here, you can filter by traffic type, partner, campaign and geography.

Analyzing retention using MyTracker's Templates

In addition to the Dashboard, you have access to customizable templates that have various filters and dimensions (Traffic source, Geo & Demography, etc.): ReportsTemplatesDefault templatesRetention.

retention templates

Let's modify the default template to see if retention differs across geographies – add the Country name dimension from the Country folder. The resulting report gives us an idea of which countries have the best post-install retention, so you can adjust your promotion strategy accordingly.

analyze retention by country

The report below shows that Russian users return to the app most often, with their 28-day retention standing at 18% vs. 2–6% for other countries.

retention geography

Revenue reports

At the revenue stage, users make purchases. This is a major factor in assessing product efficiency for business purposes.

Examples of revenue metrics:

Analyzing revenue using the Monetization dashboard

When analyzing revenue, you can use the charts in the Monetization section of the Dashboard. Here, you will find all the essentials: trends for different revenue types, paying audience analytics, and an ad profit & costs chart.

Apply filters to analyze revenue from many different angles.

revenue tracker

For example, the Total revenue chart shows that most of the money comes from in-app payments and ad monetization.

The Ad monetization chart reveals that the respective ARPU was lower on October 7. If noticed in time, such anomalies can be dealt with promptly.

The Profit chart helps you see whether marketing costs exceed the app revenue or not. It features the cost of all ad campaigns, total revenue, and profit.

If necessary, you can go to the Report Builder from any chart and add more metrics and dimensions – just click the icon depicting a document with a chart (to the left of the download button).

revenue analysis

Referral reports

At the referral stage, users recommend your product to friends and colleagues.

Examples of referral metrics:

Analyzing referrals using the Events dashboard

One of the ways to track referrals is through custom events. For example, if a user posts about your app on social media by pressing Share, you can have the U_Share_ButtonPress event sent to MyTracker.

You can see the event trends in the Events section of the Dashboard.

Monitor each user journey stage with MyTracker

MyTracker reports enable you to keep tabs on key efficiency indicators at each stage of the user journey. On top of that, you can segment your audience based on a variety of attributes, combat fraud, and deliver personalized offers that could boost your app revenue by 10–30%.

Connect MyTracker in three easy steps and start generating product reports now.Get started with MyTracker
Tags: product analytics marketing analytics web analytics