Bloom · B2C · learn-to-invest app for Gen Z
Split one wordy onboarding screen into tap-through slides like Instagram stories
Lifted signups from download to entering personal details; no numbers given
What they did
What happened
- Stage
- growth
In their words
Jae Hwang - This App Makes $2M/Year With This Viral TikTok Strategy
Joseph… account, you can copy trade, learn about stocks, and like understand the market, gamification, get rewards. And then you go into like social proof, reviews, and then paywall. Have you ever done like split testing and like for for onboarding? Like have you have you find found any like interesting insights from like A/B testing different types of onboarding or different pricing or any like big lifts that came from those kinds of experiments?
Jae HwangYeah, we haven't done much of a pricing testing just because we already have a pretty, you know, decent-sized user. So if we actually play around with the pricing, I think there are some discrepancy of like how much uh they're paying to join, so we haven't done that so far. But in terms of testing like a different style of onboarding, we've done few. And I think what was interesting was before we had a like a one-screener that actually had all this information in one slide. So
Jae Hwang… right? Um It was packed with words. Um That actually, compared to just like a one-slider where they can click and go to the next slide, had a pretty big change, right? Cuz heavy words, they really don't read it. And they just see maybe stars and a little bit of graphic and they skip. So they kind of lose the whole point of why they're joining the app. Versus after this launch, I think it definitely did uh lift our adding information uh funnel,
Jae Hwangright? So from download to adding their personal information, uh this new style definitely did um lift our actual signup.
Joseph… people would think that if you have to click to more and more screens, there's going to be drop-off at every single tap. But what you're saying is you've divided one screen into like five different screens. Why are people like going through all these different screens instead of just like churning off of that? Wouldn't it be better to have like just one screen? But clearly the data doesn't say so, but I'm just curious why you think that works.
Jae HwangYeah. Exactly. So there's the second part to this where we had a "Get Started" button here versus not having any buttons. And not having any buttons actually worked better. So meaning if they can't click "Get Started," they would actually read everything and understand it. I think that was one difference. And then I think second thing that this format worked better is because everyone's so used to story format from Instagram, they just unthinkingly they just click right side and they know that the screen flips. And I think that's how we designed our learning contents as well,
Jae Hwangand I think that really helped for them to kind of intuitively just walk around and just like skip if they wanted, just scroll all the way without reading much. But they would still understand how that works. So with that, I think it just is better like user experience for them uh cuz they know what they're doing versus word-heavy I think is just like a waste of space, waste of another screen that they don't read through, and then just becomes …
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More from this episode
- Scale TikTok ads hard, then switch focus to organic when costs climbCustomer cost worsened from mid-2023; organic became the 2024 focus
- Post TikToks on how billionaires raise their kids, ending on early investingRan about 6 months; founder says retention held despite the get-rich hook
- Post AI videos twice a day per account; copy any hit to 20 accountsFounder says it scaled views; no conversion numbers given
- Never say 'download' in organic videos; have a team name the app in commentsFounder says viewers flow into the app organically; no numbers
- Hire small creators whose videos look right, not ones with big followingsFounder credits it for scaling faster; no numbers
- Pay creators $500-$1,000 a month for 60 videos, plus $2-4 per 1,000 viewsPure pay-per-view lost many creators early; adding a retainer kept them
- Give each creator 2 accounts, then post both daily videos on whichever grows
- When a viral TikTok's views fade, run it as an ad to the right age and countryFounder says it flattened download spikes into steady growth; no numbers
- Add a 15-second app demo ending 'download now to flex on your friends'Founder says these ads worked pretty well; no numbers
- Post Reddit-story videos over gameplay listing 'underrated iPhone apps', including yoursFounder says the Reddit carousel did really well in 2024
- Post relatable study tips for college students that lead into investingGot views, but conversion was lower because the app isn't a study app
- Open onboarding with 'start at 18, have $1M at 65'; end with reviewsFounder says this order converts downloads to signups well; newest version not live
- Give $2-4 of free stock at signup; let users earn up to $75 moreFounder says free stock beat cash for building a long-term mindset; no numbers
- Test the headline free-stock reward at $40, $60 and $75Amount barely changed subscriptions; $75 now being tested
- Test Bible and self-care angles for investing on 1-2 TikTok accounts
- Aim ads and content at Christians while the app itself stays secularHost says the app recently hit $100-200K a month
- Make AI videos of dream houses and cars captioned 'if you invested in Netflix'
Tags: ios, story-format, tap-through, less-text, no-cta-button