Trading App Revamp: Boosting User Engagement & Business Value
Introduction
The client, a trading company, had an existing Android mobile application that served basic functions: introducing the company's services and displaying trading account status.
However, the app's design had become outdated, failing to align with the company's updated brand identity. More critically, customer engagement was minimal due to the app's lack of meaningful value in terms of user experience.
This situation presented a significant challenge: how to transform an underutilised app into a valuable tool that would enhance customer engagement and support the company's broader business objectives in the competitive trading market.
Objectives
Modernize the Application:
Update the app's design to align with current brand aesthetics and industry standards;
Enhance functionality to provide meaningful value to users.
Increase Organic User Acquisition:
Implement strategies to attract new users through app store optimisation and other organic channels.
Enhance User Engagement:
Improve key behavioral metrics such as session duration, frequency of use, and user retention.
Drive Business Growth:
Leverage the improved app to support overall business objectives and increase customer loyalty.
What we did
Application Design Overhaul
Implemented app design principles in harmony with the company's brand guidelines
Created a cohesive visual identity across all company products
Enhanced user interface for improved usability and aesthetic appeal
Functionality Expansion
Integrated direct access to the company's most relevant services within the app
Streamlined user journeys to core features, reducing friction and improving user experience
App Store Optimisation (ASO) for Google Play
Conducted A/B tests to identify the most effective app page elements
Optimised app title, description, and keywords for improved visibility in search results with 5 locales
Refined app screenshots and promotional graphics to boost visual appeal
Implemented strategies to encourage positive user reviews and ratings
User Engagement Strategies
Introduced push notifications for timely, relevant updates
Implemented in-app messaging for improved communication with users
Created a feedback loop for continuous improvement based on user suggestions
Results
The revamped application has significantly enhanced its business value. We've observed a marked improvement in converting traffic to installations and targeted actions, indicating increased user engagement and app effectiveness.
User retention and behavioral metrics have shown positive trends. Notably, there's been an uptick in positive user reviews, boosting the app's visibility in the Play Store and reducing customer acquisition costs through advertising.
Looking ahead, we've developed a strategic roadmap for further app enhancements. This plan aims to continually improve user experience and drive business growth, ensuring the app remains a valuable asset in the competitive trading market.