Apple Introduces Peer Group Benchmarks to App Analytics

The performance metrics can be filtered by a variety of factors, including the app category, business model, and download volume. This allows developers to compare their app’s performance against apps with similar characteristics and identify areas for improvement.In addition to these filters, Peer Group Benchmarks also provide a “Similar Apps” feature, which suggests other apps that are similar to yours based on their performance metrics. This can be a useful tool for identifying potential competitors and benchmarking against them.

How to Use Peer Group Benchmarks for ASO

Incorporating Peer Group Benchmarks into your ASO strategy can be a powerful way to gain insights into how your app is performing in the market and identify opportunities for growth. Here are some tips on how to get started:

1. Identify your Peer Group: Use the filters available in Peer Group Benchmarks to identify apps in your category, with similar business models and download volumes. These apps are your peer group and will be the ones you compare your app’s performance against.
2. Analyze Performance Metrics: Look at how your app is performing against your peer group across various performance metrics. Identify areas where your app is performing well and areas where there is room for improvement. For example, if your app has a low conversion rate compared to your peers, it may be time to re-evaluate your app’s metadata and messaging.
3. Benchmark Against Competitors: Use the “Similar Apps” feature to identify competitors and benchmark your app’s performance against theirs. This can provide valuable insights into what your competitors are doing well and where you can improve.
4. Optimize Your ASO Strategy: Use the insights gained from Peer Group Benchmarks to optimize your ASO strategy. This may involve updating your app’s metadata, experimenting with new messaging or visuals, or optimizing your app’s conversion funnel.

Benefits of Peer Group Benchmarks

Peer Group Benchmarks offer several benefits to developers looking to improve their app’s performance in the App Store. By providing relevant and accurate comparisons for apps across categories, business models, and download volumes, developers can gain insights into where their app stands in the market and how it is performing compared to similar apps.

With the availability of performance metrics such as conversion rate, proceeds per paying user, crash rate, and retention rate, developers can identify areas for improvement and take action to optimize their app’s performance. Additionally, the ability to filter performance metrics by app category, business model, and download volume provides developers with a more precise comparison of their app’s performance against similar apps.

Overall, Peer Group Benchmarks provide developers with a powerful tool for improving their ASO strategy and increasing their app’s visibility in the App Store.

Limitations of Peer Group Benchmarks

While Peer Group Benchmarks offer several benefits to developers, it is important to note that they have some limitations. Firstly, Peer Group Benchmarks are only available for iOS apps, which limits their usefulness for developers working on other platforms.

Secondly, Peer Group Benchmarks only provide data for apps that have opted in to share their data with Apple. As a result, some apps may not be included in the comparison, which can limit the accuracy of the benchmarks.

Finally, Peer Group Benchmarks do not provide insights into why an app may be underperforming in certain areas. Developers will still need to conduct their own analysis and testing to identify specific areas for improvement.

Despite these limitations, Peer Group Benchmarks remain a valuable tool for developers looking to improve their app’s performance in the App Store.

Final Thoughts

Apple’s introduction of Peer Group Benchmarks is a significant update to App Analytics and provides developers with a powerful new tool for improving their ASO strategy. By comparing your app’s performance against similar apps in the market, you can gain valuable insights into where your app stands and identify opportunities for growth. By incorporating Peer Group Benchmarks into your ASO strategy, you can optimize your app’s performance and increase its visibility in the App Store.

We understand that navigating the complex world of App Store Optimization can be overwhelming, especially with new updates like Peer Group Benchmarks. That’s why Outrank Apps is here to help you every step of the way. With expert App Store Optimization (ASO) guidance, you can be sure that your app is reaching its full potential in the App Store.

Don’t let your app get left behind. Contact Outrank Apps to help you improve your app’s performance in the App Store.