Mobile app analytics stack: UA, monetization & product metrics explained

Last updated November 7, 2025 
by 
Dmitry Shestoperov
Published November 4, 2025 
Last updated November 7, 2025
4 min read

Scaling a subscription app means guesswork stops working. Every dollar you invest in user acquisition, every pricing test, and every feature you ship needs data-driven decision-making.

But here’s where most teams go wrong: they track metrics in silos, without looking at a complete picture. Every metric actively influences another. Track them separately, and you miss the compound effects that accelerate or sabotage growth.

In this article, we break down the key metrics for mobile apps, explain how they work together, and provide current benchmarks.

What are the key metric types in mobile app analytics?

Complete app analytics requires three interconnected pillars:

  1. User acquisition (UA) analytics – How people discover and install your app
  2. Monetization analytics – How installs translate into revenue
  3. Product analytics – How users behave inside your app

Each pillar informs the other two. Let’s break them down one by one.

What’s UA analytics and how it works

User acquisition analytics shows whether your marketing spend is efficient, which channels work, and where traffic quality breaks down.

Core UA metrics

NameWhy track itAvg benchmarksIf below the benchmark
CPM (Cost Per Mille — thousand impressions)Ad cost efficiencyUS: Meta $30–70.
Global: $10–20.
TikTok usually lower.
Fix targeting, test formats
CTR (Click-Through Rate)Creative strength and relevanceWeak <0.6%, solid ~0.8–1%, excellent >2%.Refresh creatives, refine audience
CPI (Cost Per Install)User acquisition costiOS — $3–5,
Android — $2–3
Optimize funnel, cut weak channels
Impression-to-Install rateFunnel health3–4% is goodImprove creatives, fix store page

Levels of setup

There are three ways to setup UA analytics for your app:

  • Lightweight — relying on manual tracking from ad managers and App Store Console
  • Partnered — adding to Mobile Measurement Partners (MMPs; e.g., Adjust, AppsFlyer) to attribute traffic to channels
  • Centralized — using tools like Tableau or Looker to centralize all cruical metrics (not only UA) in one place

What’s monetization analytics and how it works

Monetization validates whether UA spend makes sense and reveals how your subscription model earns and retains revenue.

Core monetization metrics

NameWhy track itAvg benchmarksIf below the benchmark/ drops
MRRCore revenue growthSteady monthly increaseAudit pricing, boost retention
CACCost per paying userVaries significantly by app and market.In the US: $30–70.Improve targeting, cut spend
ARPU/ARPPUUser monetizationVaries stronglyRework paywall, upsell offers
ROASAd spend efficiency200–400% is healthyPause/optimize campaigns
LTVLong-term user value>2× CACFix churn, raise ARPU
Refunds rateRevenue quality check4–7% typicalReview flows, flag fraud

What’s product analytics and how it works

Product analytics tracks what happens from the first tap onward. For subscription apps, this is where conversion and retention are won or lost.

Core product metrics

NameWhy track itAvg benchmarksIf below the benchmark/ drops
Retention (D1, D7, D30)User stickinessVaries stronglyImprove onboarding, add hooks
DAU/MAU ratioEngagement intensity20–30% healthyAdd features, boost stickiness
Session length/depthUsage qualityVaries by categorySimplify UX, add value
Funnel conversionRevenue path30-50% Day 0 conversion into trialFix onboarding, test paywalls
Feature adoptionImpacts retentionKey features widely usedPromote features, refine UX

The unified loop: how metrics types interconnect

UA, monetization, and product metrics form a feedback loop. Changes in one ripple through the others. Here’s how:

  • Product → Monetization – Better onboarding, retention, and funnel conversion lift ARPU and LTV.
  • Monetization → Product – Refunds, churn, and paywall test results guide your roadmap. Revenue data reveals which features keep users paying.
  • Monetization → Acquisition – High LTV and ROAS allow you to bid higher and expand reach. Stable cash flow funds aggressive reinvestment.
  • Acquisition → Monetization – Traffic quality determines conversion. Low-intent users from weak targeting raise CAC and lower ARPU/LTV.
  • Product → Acquisition – A sticky product delivers organic growth and reduces CAC. Strong retention amplifies paid campaigns.
  • Acquisition → Product – Poor targeting attracts users who churn fast and send false signals that your product doesn’t work.

Conclusion

Tracking metrics in isolation means you optimize locally but miss systemic issues. You might celebrate dropping CPI without realizing those cheaper users have terrible LTV. You might build features while ignoring a broken paywall.

The goal is alignment. When UA brings high-intent users, product delivers fast value, and monetization captures it effectively, growth becomes self-sustaining.

For a deeper look at how analytics can help your app reach $100K MRR, download our full ebook.

FAQ

Mobile app analytics are built around three pillars: user acquisition, monetization, and product analytics. Together, they show how users find your app, how you earn revenue, and how people engage with your product.

Each metric influences the others. Looking at them in isolation hides the real reasons behind growth or decline, while tracking them together reveals how acquisition, engagement, and revenue interact.

Focus on CPM, CTR, CPI, and impression-to-install rate. These metrics show how effectively your ads reach and convert users, helping optimize campaigns and cut wasted spend.

Monetization analytics connects revenue performance to user behavior and acquisition costs. Tracking metrics like MRR, LTV, CAC, and ROAS helps determine if your pricing and marketing strategies are profitable.

Product analytics reveals how users interact with your app, from onboarding to retention. Monitoring metrics like retention rates, session length, and funnel conversion helps identify friction points and improve user experience.
Dmitry Shestoperov
I write @ Adapty
Analytics

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