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Training
Performance Marketing Analyst: balancing budget between iOS and Android
45 minutes
Intermediate
Available in
+4
Skills you'll learn
Channel Analysis
Data-Driven Decision Making
Your Role
Performance Marketing Analyst
Your Goal
You optimize PulseFit's marketing budget with data-driven insights. Simulation Details: PulseFit is a dynamic fitness app startup that has rapidly gained traction in the competitive fitness industry by offering highly personalized and data-driven fitness solutions. The company is dedicated to providing innovative fitness solutions through its comprehensive app, which offers tailored workout plans, customized nutrition guides, and detailed progress tracking, all designed to meet the unique needs of each user. PulseFit's mission is to help users achieve their fitness goals through personalized and engaging content. The app uses advanced algorithms to analyze user data and deliver content that is specifically tailored to their fitness levels, preferences, and goals, making the experience highly engaging and effective. PulseFit boasts a user base of over 500,000 active users, with a growth rate of 20% over the past year. The average user retention rate stands at an impressive 65%, driven by the app's ability to deliver personalized and effective fitness solutions that keep users motivated and engaged. Recently, PulseFit achieved a significant milestone by securing a $10 million funding round, which will be used to enhance the app's features and expand its user base. The funding will support the development of new functionalities, such as real-time workout tracking and social sharing options, which have already positively impacted user engagement and growth. Currently, PulseFit is facing the challenge of balancing its marketing budget to sustain growth while managing rising customer acquisition costs. The specific goal is to reallocate 40% of the marketing budget from iOS to Android channels based on detailed data analysis. This decision must be supported by clear and compelling data to persuade the Analytics Lead, Priya Kapoor, who has a strong preference for an iOS-first strategy due to its historical success in driving initial growth for the company. As a Performance Marketing Analyst at PulseFit, your primary task is to present a persuasive argument for reallocating 40% of the iOS marketing budget to Android channels. You will analyze recent cohort data to understand customer acquisition costs, retention rates, and lifetime value metrics for both iOS and Android platforms. Using this analysis, you will engage in a real-time chat with the Analytics Lead, Priya Kapoor, to present your findings and persuade her to agree with the proposed budget reallocation. Your ability to present a clear and compelling data-driven argument will be critical to achieving the desired outcome. - Analyze recent cohort data to understand key metrics. - Engage in a real-time chat with Priya Kapoor to present your findings. - Persuade Priya Kapoor to reallocate 40% of the iOS marketing budget to Android channels.
Helpful for
Performance Marketing Analyst, Data Analyst, Marketing Manager
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