Audible Case Study
Audible Case Study
Audible Case Study
Retention Features
For Amazon Audible
By: Varun Nema
www.linkedin.com/in/varun-nema-042a68145
The Problem
You’ve joined as VP of Product Management at Audible.
You feel you are unable to retain your users because of tough competition from other
streaming apps, as well as users switching to a Kindle or going back to physical
books.
Users sign up for your app, and take a subscription for a month or two to try the app,
but usually discontinue the services post that.
You wish to focus more on retaining these users than acquiring new users.
Goal
To retain users than acquiring new ones
About Audible
Audible is an online audiobook and podcast service that allows users to purchase and
stream audiobooks and podcasts.
Owned by Amazon, Audible boasts 300 million monthly active users, with India being
one of the fastest-growing markets.
Audible charges 199INR for 1 month subscription in India.
Audible provide their own Audible original podcasts and audio stories included in their
membership.
Members get 1 credit every month through which they can purchase any 1 audiobook.
If somebody cancels the membership he/she can access the purchased audio
content anytime.
Member can exchange/return the audiobook if he does not not like.
Audio market currently valued at between $4.8-$6.8 billion and is expected upto
$37 billion by 2030.
Market Opportunity
Over 100 million Monthly Active Users in India for online audio content.
This includes podcasts, audiobooks and other audio-based online entertainment.
34% rise from 71 million recorded in 2020.
Only 12% Indian population has ever listened to a podcast therefore forms immense
room for growth.
Competitors
User Persona #1
Intro:
Miss Ishita is a second year student of B.com and
she has been using audible from last 2 months.
Her main purpose is to make her 20s more
productive.
As she is new to audio world she is confused
about what to listen.
She wants to know what other students of her
age listen and find useful.
Pain Point:
Wants to know what other of her age listen and
finds useful.
Solution:
Ms. Ishita
Introduction of audible social where people from
Age: 20
different profession share what they found useful.
User Persona #2
Intro:
Pain Point:
Only 1 credit available per month to buy.
Solution:
Introduction of audible score to achieve
Mr. Rahul milestones to unlock books of different prices.
Age: 30
User Persona #3
Intro:
Pain Point:
Only want hindi content on his home page.
Solution:
Introduction of regional language content
Ms. Krishna
selection. Which when enabled shows content of
Age: 40
selected regional language.
Feature #1 Shows trending posts.
#Engineeringplaylist
User can search posts with
I found "Advertising is a real game" by Tim Jose very User can save post to consider
Benefits: very useful for my assignment and internship.
Do check it out.
the audio content later on.
I have put link in the bio.
Social acceptance through post will help user to
share and get more insights and feel a part of
community. To create post.
Trending audio content will push user to listen
more audio content.
Feature #2
Audible Score
Audible Score will allow user to view their current
listening habit and will notify user to reach certain
Users can view what they have
milestones to unlock rewards. These rewards can be achieved in weekly and monthly
extra titles, some discount, coupons etc. Your score basis.
credit score.
10% off
upto 100 rupees next to next month
Insightful data will help user to create habit of Rewards they get after
listening. completing milestons.
Continued..
Continued..
Audible Score
Your score
14 hrs completed 6hrs remaining
milestons
Future rewards
Online Entry to live event of book by xyz
Feature #3 Audible Regional Feature
Audible Regional
India being a secular country and having different
languages in every state and region with only 12%
population understanding and speaking in english, it
creates an opportunity to serve content in regional Your score
language. 14 hrs completed 6hrs remaining
Audible Regional will allow user to view content of their Today's listen time: 1hr 12 mins
milestons
Feature Metric
1. Number of users engage in the posts.
2. Number of posts save.
3. Number of post creation.
Social
4. Number of hashtags being used.
Audible 5. Number of people listening to trending audio content.
6. Number of people like posts, comment, share and react.
Doing surveys, interviews will help to Development of features and Beta roll out
understand market need and trend in India. to targeted sample population of India.
Rolling the final version of the features by Feedbacks from sample population and
introducing with the help of notifications alignment of actuall results to expected
and homescreen directions to users. will improve our features.
Framework Prioritization
Audible
4/10 5/10 20%-50% + 3/10 30%
Regional