Sub Club by RevenueCat · 2024-09-04
Marketing Your App More Efficiently with Apple Search Ads — Dilip Reddy, Search Ads Optimization
Data engineer Dilip Reddy, founder of the Apple Search Ads platform Search Ads Optimization, walks David Barnard through ASA practice: bidding brand keywords down while watching impression share, starting new storefronts with very low bids, splitting keywords by intent with exact and broad match plus the search terms report, bidding bad keywords down instead of deleting them, judging ASA on time to break even and total revenue rather than 7-day ROAS, reacting to recent data instead of seasonality, and testing custom product pages by splitting US states. Host plans ASA for his weather app.
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Numbers mentioned
| Who | Metric | Value | Context | When |
|---|---|---|---|---|
| Host's long-running subscription app | retention | 20% approximate | Share of subscribers from the first month still subscribed 7 years later (M84) | 39:30 |
| Subscription app with strong organic traffic targeting 365-day ROAS | roas | 100% goal | Target: reach 100% ROAS by the first annual renewal (365-day ROAS) | 39:30 |
| benchmarkGeneric 'good ROAS' rule of thumb from e-commerce, which the guest says does not apply to subscription apps | roas | 400% approximate | 37:03 | |
| benchmarkFirst-week ROAS on Apple Search Ads that is still an acceptable result for a subscription app | roas | 40–50% approximate | First week; judge on time to break even | 37:45 |
| benchmarkCPA that can still return on ad spend on high-intent keywords in categories like finance and health and fitness | cpa | USD 50 illustrative | 4:12 | |
| benchmarkRealistic brand-keyword impression share (never 100%) | share | 90% illustrative | Impression share on own brand keywords | 13:29 |
| benchmarkBrand-bid reduction trade-off some companies accept | share | 70% illustrative | Brand impression share some companies accept if brand cost falls by 70% | 14:04 |
| benchmarkInstalls kept when bidding half in a new storefront, versus starting high (e.g. $10) | downloads | 90% illustrative | Share of installs possibly retained at half the bid | 8:15 |
| benchmarkEffect of competition on ASA CPA: ~25 competing weather apps bidding vs none | cpa | +10 x illustrative | CPA multiple for the same installs with 25 competitors bidding, vs cents in the US with none | 51:26 |
| benchmarkMinimal Apple Search Ads budget for a new app to get high-intent users for customer discovery | ad spend | USD 10–20/day approximate | For about five or six installs a day | 58:24 |
| benchmarkInstalls a new app can get from a $10-20/day Apple Search Ads budget | downloads | 5–6 installs/day approximate | 58:24 | |
| marketNew Apple Search Ads storefronts opened in 2024 (Brazil and other Latin American countries) | count | 7 countries approximate | Brazil plus about six other Latin American countries | 7:37 |