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The users who launch the app for first time after installing it very few do their first transaction
Our Goal
To increase the number of users who do their first transaction by giving new or improved product
solutions
Target Segment
•
PM School •
Age Range of customers between 26 to 86
60% of customers from top 30 cities and 40% from beyond
User Journey
Uploads
Prescription
Opens Adds
Medlife APP medicines Checkout Order Placed
into cart
Searches for
medicine
without
prescription
New Feature 1: Customized Delivery Option
-The reason for current low retention is -Deal for all product category
constant availability of better and -Discounted deal and offer for Lab test
personalized deals on other platform or consultancy with physician and LAB Test
Unlock Medlife Gold
Strategy Unlock a comprehensive full body
-Membership program to secure Retention check plan with 80% off
Insights
• Myntra targeted 10 Mn user from Insider loyalty
program with GMV of $2 Bn Key Performance Indicator
• Zomato Gold drove 25%-30% business
• 60% increase in Dine Out Transactions Reward
Unlocks per accumulated per Redemption Rate
Month month
*Sources : Inc42, Livemint
New Feature 3: Gamification
Odisha
Order Details
Address entry
Delivery Frequency
Step 1 Step 2: Order Step 3: Address entry Step 4: Delivery
Details Frequency
Confirm and Pay
-Presently after selecting a product a user needs to go through 4 steps to reach the
final payment page
-Multiple webpages puts load on server there by decreasing response speed
-With so many clicks involved makes a customer feel the checkout process to be
Step 1 Step 2
hectic (time consuming){psychological factor} In Step 2 of the problem shown on left hand side that page can be
combined with step 3 and step 4 where in on top Order details
are shown, the next segment shows address entry region, the
last segment shows delivery frequency part and proceed to
Key Metrics: payment button (As shown in Step 2 above) which will reduce the
-Conversion rate webpage redirection time as well as affect customer’s psychology
-DAU/MAU making him/her fell the time spent buying the product to be less.
-Time taken for first transaction
Problem: Pictures of Medicine unavailable Improvement: Pictures of Medicine to be visible
Key Metrics:
-Number of order
placed per User
P.S.
Picture taken from
Google.
Improvement: Payment security concern Improvement: Progress Bar
METRICS
GOALS SIGNALS METRICS
HEART
HAPPINESS User Satisfaction Total value of sales, App. NPS, Average App rating
rating
ENGAGEMENT User Personalising Total number of order, Total Revenue per user,
Offer Time spent on the App Average orders per Month
TASK SUCCESS User Goal Completion User Analytics and User Number of items Sold,
Studies Number of Points Earned
Metrics Wrongly Impacted
Bounce rate must be analyzed per Churn Rate : If churn rate is going up,
LTV:CAC Ratio: This is to understand
page/feature-wise, looking at MEDLIFE must analyse what kind of
how much company is spending to
user journeys, to understand if a users they are losing. As per their past
maximize growth and revenue, on
particular feature is experiencing trends, the users must be offered
acquiring customer. If it’s low, company
maximum bounce rate, it should customized deals/discounts through
needs to evaluate to cut down costs on
be improved accordingly. mails or notifications (in case the app is
customer acquisition
still installed), to bring them back