Linkedln is probably the only app that you would see the most commonly installed in tier 1&2 cities.
why did I choose Linkedln
1 billion user + 67 million registered companies |
---|
generates $10 billion + in revenue annually |
120+ million users alone in india |
easy for user survey since many of us use it |
around 36% MAU and 15-16% DAU |
the core value of linkedln is that it makes the user feels more connected to the professional community around us, both in a local and global way and get more professional insights from other professionals/ people who might be better than us (in a career POV)
how do users experience it
natural frequency of the product:
for linkedln’s case, i have segmented our users into 4 buckets: passive , casual, core and power users
metric | passive | casual | core | power |
---|---|---|---|---|
comments | NA | not that frequently | once in day | more than once a day |
viewing post/ scrolling feed | NA | infrequent (once a day) | more than once a day | more than once a day |
posting | NA | NA | once a month(mostly reposts) | once a week |
why am I choosing depth:
if we really understand Linkedln business, a high % of money comes from subscriptions + ads that are displayed on the feed by advertisers
the more we hook the user on the platform on the basis of two metrics : avg time per sessions, no of sessions in 15 days, the more users will get addictive to
moreover, the more user experience depth on the platform, the algorithms gets more data and thus the feed becomes more personalised.
an active user for linkedln is anyone who performs 1 or more core actions on linkedln.
core actions
lets also look at the high % contribution to revenue
This validates our hypothesis of choosing depth as when we increase the avg time per session and the total sessions in [Y] no of days, we can make linkedln more personalised which will help in increasing subscriptions and increase our CPI
wimsical link - https://whimsical.com/campaign-e-and-r-JNDNbUoR1nTNutKkjmY7ow
INSIGHT
most of the core and power users who i talked to, had a FOMO for linkedln. they felt that what if they miss on some business / career related post that could potentially help them boost their career exponentially. So we somehow have to make our casual and passive user feel that they might be missing on something. or what are they missing out on
here is a link for the campaign - https://whimsical.com/campaign-e-and-r-JNDNbUoR1nTNutKkjmY7ow
passive → casual user:
problem question : the main question is that what types of engaging content we should show him so that he returns to linkedln atleast once per day
success metric: increase the time spent for more than 4 min/day
metric to track:
casual → core user
problem: now that static friction is eliminated the main question is that how we convince the user to come for more than 1/ per
success metric : increase the avg time spend to more than 4 min and 3-4 sessions per day
metric to track:
at what time period does the retention curve flattens?
lets say the the first 15 days are crucial for the user to stay activated and do the following list of things to stay activated for a long time
so to track the retention curve
D1 - 100%
D2- 75%
D7- 55%
D12 - 35%
D15 - 15-16%
which channels derive the best retention?
if its hard for you to understand then i am sharing with you my notion link - https://virajtayshete.notion.site/Linkedln-a31cb23feb4d4f548a6be890ac529202?pvs=4
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