If you are one of the small business owners who recognized this trend and built a mobile app, congratulations.
Developing an app is no easy task, and it’s definitely not the least expensive investment you’ll make in your lifetime. But now that your app has launched, you might be having some concerns about your return on investment.
You expected to see massive profits right off the bat, and that’s not always the case.
Some of you may have had your small business mobile app out for a while now. At first, it was performing well, but over time sales have become stagnant or even declined.
Even if your mobile app is successful, there is always room for improvement. That’s the inspiration for this guide.
I’ll explain everything you need to know about optimizing your small business mobile app to maximize sales and increase profitability. Here’s what you need to know.
Don’t charge users to download your app
I know what you’re thinking. How can you make money with a free mobile app?
Charging an upfront fee for downloads may seem like an appealing way to get some fast cash. It could be the way you forecasted getting your initial investment back. But I advise against this strategy.
As a small business owner, you know how important it is to prioritize customer service. You also know how cost-sensitive your customers are.
The investment to download your app will turn people away. Even if you’re only charging a few bucks, it’s just not worth it to people.
Well, for starters, your customers are not used to paying for their apps. Research shows the vast majority of mobile app downloads are free.
Is your app really that much more valuable to the user than all the other free apps on their device? I doubt it.
Removing the cost to download an app will ultimately result in more downloads. Now people won’t have a reason to hesitate when installing your app on their devices.
The more people download your mobile app to their smartphones and tablets, the greater the chances of them spending money.
Here’s another way to think of it. If you’re using this app as a platform to sell your products, what’s the cheapest item offered on your app?
Now, compare that to the cost you were considering charging for a one-time download. It’s just not worth it to collect an insignificant fee when you can cover these user acquisition costs with actual purchases instead.
Focus on app store optimization (ASO)
Since you’ve already developed a mobile app for your business, I’ll assume you’re somewhat tech-savvy.
Even if you didn’t build it yourself, you at least have your finger on the pulse when it comes to the latest technology. You probably have a website and understand the basic principles of search engine optimization (SEO).
Well, app store optimization is basically the same concept. But it’s in reference to the app store as opposed to an Internet search engine.
There are certain elements based on how you set your app up that will affect your ranking in the app store.
However, there’s a catch. These algorithms and factors will differ depending on where your app is available. The two biggest app stores are the Google Play Store for Android devices and the Apple App Store for iOS devices.
Those of you who have your app available on both platforms, which I definitely recommend, need to understand how these elements affect your ranking.
As you can see, there are definitely some similarities between the two stores that have implications for your ASO strategy. The app title in both the Apple App Store and Google Play Store has the most significant impact on your search rankings.
The way user reviews and ratings impact your search ranking is also similar on both platforms.
However, some of the key differences here include:
description keywords field app listing links
You’ll need to make changes to your listing in each store so that it’s appropriately optimized for ASO.
If you have your app available only in one store, you’re missing out on a huge opportunity here. Alienating a large percentage of your customers is costing you money.
Once you have your app offered in both app stores and prioritize your ASO, you will see more downloads.
As I have previously stated, increased downloads will improve profitability.
Personalize the user experience
What happens when someone downloads your app?
Think about what everyone sees on your homepage and interface. Is it the same?
If the answer to that question is yes, you’re making a mistake. You should encourage app users to create a customer profile when they launch your app.
Often, people are turned off and discouraged by the time-consuming and tedious process of creating a profile. You can make it easier for your customers by integrating your app with their Facebook profile or Google accounts. This simplifies the login process.
Here’s an example from the Quora app that illustrates exatly what I’m referring to.
This is much easier for your users than having to type in all of their information to set up a profile.
But now that they have an account with your app, every action they make can be tracked to enhance their personalized experience.
Based on things such as their search history and previous transactions, you’ll be able to recommend appropriate products and services to each customer.
You can also recommend items based on age, location, gender, etc. Tracking previous purchases makes it easy for customers to complete repeat orders.
All of these factors will help you drive sales and boost profits through your app.
Personalized offers encourage customers to spend more money. In fact, 39% of customers are willing to spend more after receiving personalized mobile promotions.
Use your app to enhance the in-store experience
I know that some small businesses operate exclusively online. So this tactic may not apply to you at the moment.
But I still encourage you to review this section in case you expand your company to physical locations in the future.
But if you have brick and mortar retail locations, your app can help complement the in-store buying process for your customers. How well have you been tracking your customers’ shopping habits?
If you watch them closely, you may have realized they are already using their smartphones while they are shopping in your store.
You might as well integrate your mobile app with your physical store to make shopping even easier for your customers. These are the top ways that customers use their phones while shopping in stores:
Your app should be able to do all the things on this list.
Make it easy for customers to scan a barcode of an item in your store directly from your mobile app platform. Now they’ll have access to a detailed product description and be able to read user reviews.
Give them an option to save items in a list of their favorites so they can buy it later, even if they don’t want to buy it right now.
This will make it easier and more appealing for them to complete the transaction.
On the flip side, they can browse for an item on your app and save it in their favorites list before they get to your store. When they arrive, your app can tell them exactly where the product is located in the store.
Now they can check it out in person to make sure it’s exactly what they had expected before buying it. This really enhances the customer experience.
As we previously discussed, you want to personalize the customer experience.
Your mobile app can also act as a customer identification card for each user. This will be linked to their account and loyalty rewards program. We’ll discuss this concept in greater detail shortly.
Send push notifications
Your mobile website is a great asset to your small business. But one thing it can’t do is contact your customers at will.
Since you have a mobile app, you need to use push notifications to your advantage and reach out to your customers.
You just need to be cautious when it comes to the type of message you’re sending with each push notification.
We know that 48% of app users want to receive push notifications about special offers based on their preferences. This relates back to one of my earlier points about personalization.
Just don’t send push notifications too frequently. That’s because 52% of users believe that push notifications are an annoying distraction. You don’t want your company to be perceived as annoying. Sending too many notifications can cause damage beyond your brand’s tarnished reputation.
For example, 32% of app users will stop using an app altogether if they get too many notifications.
Do everything possible to make your app’s checkout as smooth as possible.
Fewer steps and less friction to complete a purchase will help drive sales. Plus, your app makes it easy to accept alternative payment options, such as Apple Pay.
Constantly monitor the performance
Nobody’s app is perfect.
Sure, you spent the time to make sure it was good enough before you released it, but there is always room for improvement.
Prioritize speed. Avoid glitches. Fix crashes and errors as soon as possible. It will help improve the user experience.
Research found 48% of app users are less likely to use an app if they have a poor experience. And 31% of people say they are less likely to buy something from a company based on a poor app experience. You can’t afford to overlook that.
Read through your user reviews to see the feedback and what needs to be changed.
Use beta testers to help you get valuable insights before releasing new versions and updates.
If your small business has a mobile app, you are already on the right path to success. But if your app isn’t generating high profits, it can feel as if there is a hole burning in your pocket.
One of the best ways to improve your app’s profitability is by finding ways to get more downloads. Ultimately, downloads will translate to dollars.
Make sure you offer your app as a free download. Focus on app store optimization to improve your search rankings in both stores. Encourage users to invite their friends through a referral program.
Personalize the user experience. Use your app to improve the way they shop in your physical stores. Set up a mobile loyalty program, and send promotions through push notifications.
Simplify your checkout process so it’s easy for app users to make a purchase.
If you follow these tips, your small business mobile app will turn into a money-making machine.
How are you using your small business mobile app to drive sales and increase profits?
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