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Growth Opt PlaybookGrowth Opt Playbook/Guide 4 · Analysis & Optimization/Guide 4-2 · Cohort-Based Retention Guide
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How do you read cohort retention?

Read retention curves and cumulative ARPU per install cohort to project LTV.

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  • Marketing Operations Dashboard→
Guide
  • Cohort Analysis: Reading D1, D7, and D30 Retention Cohorts→
  • LTV:CAC Ratio Explained: How to Calculate It Correctly→
Key glossary terms
  • Cohort→
  • Retention→
  • LTV (Lifetime Value)→
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Growth Opt Playbook
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4 Analysis · 4-2

Cohort-Based Retention Guide

A cohort is the group of users who installed at the same time. Use per-cohort retention curves and cumulative ARPU to project LTV and judge a campaign's true value.

Analysis unit · daily/weekly cohortsLTV projection · 12 months
Summary

Cohort analysis proceeds in 3 steps: (1) diagnose the retention curve's shape, (2) project the cumulative ARPU curve, (3) compare LTV by channel. Two cohorts with identical D7 retention can differ 2× in D30 ARPU — never judge on retention alone.

§1 Cohort definitions & split criteria

  • Time cohorts: daily/weekly install date. Weekly analysis carries less noise.
  • Channel cohorts: per network, per campaign. Same-day installs still differ in retention/ARPU by channel.
  • First-action cohorts: split by whether a key event (e.g. add_to_cart) fired within the first 24 hours.

§2 Retention curve (D+N retention)

Day↕Commerce avg↕Games avg↕Social avg↕
D132%38%45%
D322%27%33%
D717%20%26%
D1412%15%20%
D308%10%15%
D605%7%11%
D904%5%9%

Retention curves usually follow power-law decay. Fit retention(t) = a × t^(-b) to project future points. R² ≥ 0.95 indicates a trustworthy projection.

§3 LTV projection model

LTV = cumulative ARPU × retention adjustment. D90/D365 can be projected from D7-era data.

LTV projection input (example)
{
  "cohort_install_date": "2026-04-01",
  "channel": "Meta",
  "campaign": "AAP-iOS-KR-Purchase",
  "observed": {
    "d1_arpu":  0.15,
    "d3_arpu":  0.38,
    "d7_arpu":  0.62,
    "d14_arpu": 0.95,
    "d30_arpu": 1.40
  },
  "predicted": {
    "d90_arpu_low":   2.10,
    "d90_arpu_mid":   2.50,
    "d90_arpu_high":  3.05,
    "d365_arpu_mid":  4.20,
    "ltv_confidence": 0.87
  }
}

The D7→D90 ARPU multiplier varies by category: commerce ≈ 4.0, games ≈ 6.0, subscription SaaS ≈ 8.0. Use these multipliers for quick LTV estimates.

§4 Troubleshooting

!
Similar D7 retention across channels, but 2× D30 ARPU gap

Traffic quality differs on that channel. Never judge by D7 retention alone. Also compare ARPPU (revenue per paying user) and payment conversion — check whether one channel brings in more high-value payers.

!
The cohort data matrix is too sparse (small campaigns)

Under 50 installs/day, noise dominates. Aggregate by week or by network. But never merge OSes — iOS and Android retention patterns are fundamentally different.

가이드 4-2. Cohort-Based Retention Guide Last updated · 2026-05-22
Contents
Cohort definitionsRetention curveLTV projection modelTroubleshooting
Sources & reviewReviewed · 2026-08-09

Growth Opt Playbook editorial review

  • Google Analytics cohort reference ↗
  • AppsFlyer retention reference ↗