Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Jaeden Shafer

๐Ÿ‘ค Speaker
405 total appearances

Appearances Over Time

Podcast Appearances

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

I think one of the other areas where AI apps are performing a little bit better is in weekly subscriptions.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

Retention is at 2.5% compared to 1.7%.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

I mean, really, that's just showing you that I think a lot of people are trying these apps.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

Weekly subscriptions is not a very common thing.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

not a very common thing.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

And I have actually seen this with a bunch of AI apps.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

You know, I swear I see weekly subscriptions with people that have a tool that you don't really need it for a super long period of time.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

So they try to like hit you multiple times in a week.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

It's basically my least favorite subscription.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

you know, amount of time to resubscribe.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

And it's when people are like, look, it's only $2 a week.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

It's like, just say $10 a month or something like so annoying.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

In any case, part of the churn that we're seeing right now, I think is going to be obviously just how fast AI is going.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

All of the experimentation happening in the industry.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

I think you're going to see metrics like AI apps have 20% higher refund rates than non-AI apps.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

The median refund of 4.2% is, you know, you can compare that to 5.3%.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

At the high end, I think the difference is even more pronounced with AI apps seeing refund rates as high as 15.6% compared to 12.5% for non-AI apps.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

And according to what Revenue Cat is saying, basically volatility is coming from some big issues about value, product experience, long-term utility.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

And I really just think a lot of this comes down to over-promising and under-delivering what the AI is capable of doing.

AI HR
AI App Crisis, OpenAI Does Math, Big Nvidia Deal

And I see this in so many areas because I'm in marketing and I'm in AI.