The abandonment rate of a mobile app refers to the percentage of users who download and install an app but do not engage with it or stop using it shortly after installation. It is an important metric for app developers and marketers as it indicates the effectiveness of their app in retaining users and keeping them engaged over time. Understanding and tracking the abandonment rate can help identify areas for improvement and optimize user retention strategies.
The abandonment rate is calculated by dividing the number of users who abandon the app by the total number of app installations and multiplying it by 100 to express it as a percentage. The formula is as follows:
Abandonment Rate = (Number of Abandoned Users / Total App Installations) x 100
For example, if an app has 1,000 installations and 200 users stop using it within the first week, the abandonment rate would be:
Abandonment Rate = (200 / 1,000) x 100 = 20%